SEB (TG:GRB)
Historical Stock Chart
From Dec 2019 to Dec 2024
Market Leader Continues Legacy of Leadership in Providing Product Lifecycle Management Hardware and Software Solutions; Technology Allows Customers to Sustain Edge in an Increasingly Competitive Industry
TOLLAND, Conn., March 10 /PRNewswire/ -- Gerber Technology, the world leading supplier of automated CAD/CAM and PLM solutions for the apparel and flexible materials industry, is celebrating its 40th year in the apparel industry. The company was founded as Gerber Garment Technology in 1968, and today is known as Gerber Technology. The company boasts an impressive history of innovation and a broad base of customers that are setting the standard for performance in fashion and apparel.
Gerber Technology has consistently delivered solutions that enable their customers to stay ahead of the curve, meet and exceed industry demand, and manage market forces such as: Reducing time to market for new products, reducing product costs to improve margin, and managing the increasingly complex logistics of a global supply chain. The company highlights emerging market issues that continue to fuel these overall challenges, leaving organizations to examine their business processes spanning market research, concept, line development design and planning, sourcing, production, quality assurance, transportation and distribution/warehousing.
"We are extremely pleased with the solutions we've pioneered over the course of 40 years, from introducing production automation and computer aided design, to product lifecycle management for the fashion industry," said Bill Brewster, Vice President Global Marketing and Product Management, Gerber Technology. "Now, as we enter the first year of our fifth decade, we will be delivering new solutions over the course of the next 12 months that will continue to set the agenda for companies that operate within the 'concept to retail' value chain."
Gerber Technology Customers Well Prepared to Address Market Dynamics
Gerber Technology customers have been implementing the basic building blocks of Fashion Lifecycle Management (FLM) -- Gerber Technology's product lifecycle management solution for the apparel industry -- since the mid 1990's. WebPDM(TM), is the conceptual predecessor of Gerber's Fashion Lifecycle Management Suite which launched in 2006. Gerber's FLM Suite provides global, real-time visibility and control throughout the product development and lifecycle management processes from planning to sourcing. FLM combines the power of WebPDM, the industry's leading product data management solution, with a robust, scaleable enterprise-wide workflow engine and collaboration tools. FLM integrates three essential layers: Design, Product Data Management and Information Collaboration. Each layer comprises powerful tool sets that provide modular functionality.
"With the year-in, year-out continuation of market forces, companies involved in the apparel industry need to ensure their solutions will address these issues," Brewster added. "Analysts currently project investment in software and hardware solutions to remain conservative. We believe the best investment for addressing these issues today and into the future is a fully functional Fashion Lifecycle Management (FLM) solution. The first step is understanding your own landscape and evaluating what you have, and what you need. The second step is understanding exactly how your solution can help prepare your company to address the oncoming challenges."
At its last Software User's Conference, Gerber Technology customers participated in a variety of Q&A sessions led by its team of experts. Various tracks focused on burning industry issues, understanding the industry landscape and where things are headed. Users also participated in product focused sessions with titles such as: "What is FLM?" "How do I get started in PLM?" and another one focusing on the uncertainty surrounding PLM. Customers were also able to address specific concerns as they looked for ways to protect and extend their investments. Many of the sessions at the conference provided a foreshadowing of issues to be encountered in 2008. Session tracks included 3-D Prototyping, CAD Automation, FLM Implementation, and Supply Chain Management.
Gerber software solutions are used by more organizations in the apparel industry than any other provider. A sampling of customers using Gerber Technology solutions include: Abercombie & Fitch, adidas, American Eagle, Carrefour, Gap, Haggar, Levi's, Li & Fung Limited, Mervyns, Otto, PacSun, Perry Ellis and Polo.
Gerber Outlines Market Forces
For 2008, Gerber Technology has outlined the following themes that companies in the apparel industry should be aware of:
-- Expansion of material types will require solutions to deliver
increasing breadth. As with every year, the use of new materials in
fashion continues to expand the requirements of hardware and software
solutions. In 2008, current trends impacting manufacturers include the
increased use of leather, high performance fabrics for sports apparel,
quilted materials and over-worked fabrics with various types of surface
effects. Solutions will need to address the unique characteristics of
these materials such as weight, stretch, softness/rigidity, and
shrinkage of these materials.
-- PLM's ability to meet the demands of "role-based" solutions will
increase. As the amount of outsourcing continues to expand "upstream,"
PLM solutions will need to deliver increasingly Web-based collaborative
solutions that encompass every important decision maker and supplier in
the "concept to retail" value chain including merchandisers, planners,
designers, technical designers, vendors/partners, sourcing/production
and logistics personnel.
-- Design schools will increasingly incorporate PLM solutions into their
curriculums. With the expectation that designers become increasingly
tech savvy and more aware of market forces driving the ability to
deliver new lines in an efficient manner, leading design schools
increasingly will incorporate training in PLM solutions.
-- Fast Fashion will drive increased use of virtual prototyping and
integrated real-time collaborative solutions. With the industry
accepting the reality of 6-8 fashion seasons where clothing lines look
to bring new offerings into stores every two months, the pressure to
reduce costs and speed delivery of new lines will drive increased
adoption of 3-D virtual prototyping which enables global collaboration
between merchandising, design, development, production, distribution
and retail. Additionally, in order to speed the collaboration process,
every provider will see pressure to implement integrated solutions
beyond their own infrastructure to include partners and suppliers.
-- As market dynamics change and traditional low cost based countries are
pressured to reduce costs, PLM solutions are more important than ever.
As countries like China have embraced the need to improve worker
conditions and evolve their labor practices, these new laws and the
expansion of resourcing geographies from China to include other Asia-
Pac countries will make it difficult to determine the optimum
outsourcing policies. Traditional outsourcing may not lead to the
"automatic" margin improvement many companies expect, thereby
increasing the need for production automation regardless of geography.
Finally, new areas such as Vietnam are emerging as alternative long-
term outsourcing options.
-- PLM vendors will be expected to "bridge the digital divide" between
brand owners/retailers and their vendors. With the expansion of the
supply chain to less developed countries, who may not be as technically
advanced as North America, Europe and Japan, but are expected to work
with the same PLM system, it will be pertinent for companies to provide
localized versions of their product, local training and support.
To assist customers and partners, Gerber Technology offers Gerber Professional Services. Gerber's professional business consultants provide an end-to-end solution tailored to each customer's current and future processes. These industry experts provide consulting, development, implementation, educational and training services to ensure complete customer satisfaction. The Professional Services team of experts aid customers in reducing implementation time, and recurring processing time and cost.
About Gerber Technology
Gerber Technology (http://www.gerbertechnology.com/), a business unit of $512 million corporation Gerber Scientific, Inc., develops and manufactures the world's leading brands of integrated software and hardware automation systems for the sewn products and flexible materials industries. These systems automate and significantly improve the efficiency of information management, product design and development, pre-production, and production processes. The company offers specialized solutions to a variety of end-user markets including apparel, transportation interiors, furniture, composites and industrial fabrics. Gerber Technology's world headquarters are located in Tolland, Connecticut, U.S.A. with regional offices, agents and distributors in 117 countries 16 technology centers, serving a total of over 15,000 customers. The company engineers and manufactures its products in various locations in the United States, Europe and Asia.
Established in 1968, Gerber Technology is one of four businesses of Gerber Scientific, Inc. (http://www.gerberscientific.com/) of South Windsor, Connecticut, U.S.A., a corporation listed on the New York Stock Exchange under the "GRB" symbol.
DATASOURCE: Gerber Technology
CONTACT: Cynthia Mahlstedt of Gerber Technology, +1-860-871-5008,
Web site: http://www.gerbertechnology.com/
http://www.gerberscientific.com/