Fossil Group improves product lifecycle to accelerate global business

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Fossil Group has partnered with a world leader in 3D design software and product lifecycle management solutions to develop the lifecycles of its diverse and differentiated products.

As of this year, Fossil Group is using the Dassault Systèmes’ ‘My Collection’ industry solution experience for consumers goods and retail companies.

In the fast-paced fashion industry, companies now need to introduce new products and shopping experiences that capture emerging trends and reinforce the brand image.

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As such, Fossil Group is seeking to support its long-term corporate vision to accelerate its business globally. Specifically, it needed a scalable solution to streamline the development of its jewellery, watch and handbag collections, support creativity and innovation, improve sourcing and supply chain management, and launch products closer to consumer demand.

Based on the 3D Experience platform, Dassault Systèmes’ ‘My Collection’ will provide Fossil Group with a single digital environment that connects internal and external stakeholders, integrates complex supply chains, and improves visibility, flexibility and decision support for multiple product categories. It also unifies design, development and sourcing capabilities and provides a single source of data facilitate real-time collaboration, process efficiency and data reuse.

With this solution Fossil Group can focus its efforts on developing new ideas, trends and styles, better coordinate the purchase of materials across different product categories, and accelerate its time to market.

“The 3D Experience platform and our industry solution experiences support Fossil Group’s efforts to drive its business while cultivating brand equity,” explains Chris Colyer, vice president, consumer goods and retail industry, Dassault Systèmes. “The virtual world offers unlimited possibilities for innovation in fashion: inspiration, ideation, planning, design, development, merchandising, visual assortment planning and product marketing. Leading fashion brands can design, develop, launch and sell products their consumers will love while improving global efficiencies and speed to market.”

Following this initiative, Fossil Group was selected by Apparel magazine as a winner of its 2017 Top Innovator Awards, which recognise innovative organisations that have demonstrated exceptionality through an IT-related implementation, product launch or recently executed business strategy.

Fossil Group was distinguished for having harmonised its product development business processes around one process, one tool, one truth to enable seamless collaboration between its design and product development teams and its factories.

This was made possible by next generation capabilities for integration between Adobe Illustrator and “My Collection” that Fossil Group worked closely to define with Dassault Systèmes.

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