Dassault Systèmes Quantic Provides Production Capacity Expansion Solution to Jewelry Brand Pandora
Published2018.04.26 10:44Dassault Systèmes announced that Pandora, the world's largest jewelry manufacturer by sales volume, has adopted Dassault Systèmes' solution, Quantic, with the goal of expanding production capacity.
Quantic, acquired by Dassault Systèmes in 2014, provides solutions for production, logistics, and workforce planning and supports Supply Chain Planning and Optimization (SCP&O). Pandora plans to introduce Quantic's technology to three production sites in Thailand, where approximately 88% of its products were manufactured as of 2017, to utilize for establishing production strategies and operational plans. Quantic is expected to provide Pandora with optimized production plans that play a key role in improving current and future available production capacity and productivity.
As Pandora expanded its stores globally, it struggled to meet the demand from its customers. In particular, the number of stores increased to over 2,400 with the addition of 376 stores last year, and demand has further increased with the recent launch of a Chinese online mall in collaboration with Alibaba Group's Tmall.com, leading to a growing need for production management solutions.
Pandora produces over 117 million pieces of jewelry with more than 1,500 designs annually and launches over 500 new models each year to meet product campaigns and seasonal demand.
Quantic's solutions optimize the utilization of production equipment and human resources by providing precise technology that enables expert jewelry artisans to work according to production plans. In particular, they are characterized by their ability to easily respond to situations requiring agility, such as the demand generated by seasonal product launches and on-time delivery. Through Quantic, it is expected that rapid new product delivery by shortening production lead times and effective handling of surging demand will be possible.
Rob van Egmond, CEO of Dassault Systèmes Quantic, said, “We are very proud to be working with a global brand like Pandora. Quantic will support Pandora’s growth and success by meeting surging demand through solutions that meet optimal production volumes. We are confident that Quantic’s production capacity expansion program will provide business benefits.”
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