Nexgen Packaging, a global supplier of brand identification products to retailers, announced technology integration with PTC in order to enable streamlined operations and reduced costs throughout the retail, footwear and apparel value chain.
The technology-based integration between PTC's FlexPLM and the Nexgen systems will allow retailers and brand owners to electronically interchange product label information including quantities and specifications.
Nexgen said that the PTC's FlexPLM will help retail, footwear, apparel, and consumer brands to communicate, track milestones, prevent performance bottlenecks, and quickly gain visibility throughout the product development value chain.
In particular, the technology-based integration will enable customers to transfer a retailer's product requirements for labels to Nexgen and interchange label quantities throughout the product development/sourcing process.
It will also allow customers to receive label information from Nexgen into the PTC solution in order to review and include it in their product specifications as well as help reduce lead times, lower costs, simplified ordering, fewer errors.
Nexgen Packaging chief strategy officer Robert Loop said: "Having accurate information about product labels immediately and automatically available throughout the value chain can significantly cut costs, reduce errors, and speed product delivery.
"With this solution, lead times will be significantly reduced. The trim ordering process can be simplified and significant economies of scale can be achieved by grouping label orders into larger production runs."
