Industry Happenings Entries



Apparel Features Sport Obermeyer’s Partnership with NGC

As we are all too well aware, the apparel industry is rapidly evolving, with many companies being threatened or left behind if they don’t adapt. Recently Apparel Magazine featured Sport Obermeyer’s quick adaptation to the changing times and how the company has maintained its leadership in specialty ski apparel in the midst of strong competition from eCommerce giants and big box retailers.

To modernize its business operations, Sport Obermeyer implemented NGC’s Global Enterprise Suite (GES) that includes fashion PLM, SCM and ERP. NGC’s solutions have enabled Sport Obermeyer to accelerate design and production and actively track the location of products, in transit and at the factory. By implementing our GES platform, Sport Obermeyer has streamlined design and development processes, increased collaboration across the entire business, and improved profitability.

Greg Bannister, COO of Sport Obermeyer, discussed how they’re using the software to communicate with their factories overseas.

"We're actually writing POs, and they're acknowledging them through our system,” he said. “We can track them from when they get fabric to when they start to cut and sew. We have a better idea of what's going on with factories overseas."

Read more about Sport Obermeyer’s NGC implementation and how they’re continuing to look toward the future in the full article, here.



Don’t Miss NGC and Xcel Brands at AAFA’s Executive Summit, March 1-3


AAFA Executive Summit
is the “can’t miss” show of the year for apparel retailers, brands and vendors. The Executive Summit, happening March 1-3 at the Watergate Hotel in Washington, D.C., brings together senior level executives from retail, apparel, footwear and fashion accessory brands around the U.S. and globe for two days of thought-provoking dialogue. The show provides a great opportunity to network and learn what retailers and brands are doing across their business to streamline production and improve their systems – something we aim to help our customers achieve. 

This year we are thrilled to not only sponsor the show, but our own Mark Burstein will also introduce Xcel Brands’ session “Supply Chain Rebels: Optimize Lead Time, Maximize Profits” at 4:20pm on Wednesday, March 1. During this session Bob W. D’Loren, Chairman and CEO of Xcel Brands, will share Xcel Brands’ lessons learned in their journey to supply chain excellence. Robert will discuss how fast-fashion processes are now necessary for every major retailer and manufacturer’s arsenal.

Xcel Brands is the ideal company to address this topic, with their implementation of NGC’s Global Enterprise Suite to improve design and production efficiency and reduce lead times. Our Global Enterprise Suite, comprised of NGC’s PLM, ERP and SCM solutions, has allowed Xcel Brands to respond quickly to the latest sales trends, as evidenced by their rapid response to a sold-out blouse at Lord & Taylor last year. (You can learn more in this Wall Street Journal article.) 

We look forward to seeing you at the AAFA Executive Summit! Let us know if you’d like to meet to discuss how we can help you streamline your production and increase your speed to market.



New Research Explores The “Zara Gap”

If you regularly follow NGC’s blog or our guest posts on The Sourcing Journal, you’ve heard us discuss what has been christened in the industry as the “Zara Gap.” The “Zara Gap” is the idea that retailers can increase profits and capitalize on market share by reducing lead times and delaying product completion to respond to changing consumer demands. Zara has achieved this while other fast-fashion retailers continue to lose profits and waste raw materials by ignoring consumer demand.

John Thorbeck, chairman of Chainge Capital LLC, and Warren H. Hausman, a professor at Stanford University, along with Citi Research, were the first to discuss the Zara Gap and are diving deeper and researching this phenomenon. According to Thorbeck and Hausman, “retailers can increase profits by as much as 28 percent and market capitalisation by as much as 43 percent if they reduce lead times and delay finished product commitments in order to respond quickly to changing consumer demand.”

In a recent article on Jan. 9, Business of Fashion further explored the “Zara Gap” based on Thorbeck and Hausman’s research. You can view the full article and learn more about the “Zara Gap,” here.

If you’re a retailer looking to close the gaps in your supply chain, contact NGC today.



Supply Chain Dive Calls Supply Chain Visibility the “Obsession of the Year”


In 2016, supply chain visibility (and transparency) has been a major focus at NGC Software, and according to Supply Chain Dive, the topic has been on the minds of many industry professionals this year. In the “2016 Dive Awards,” the publication named supply chain visibility the “Obsession of the Year.”

Here’s what Supply Chain Dive had to say about the topic:

“Supply chain visibility lies at the intersection of every other industry obsession, and for that, it deserves a special award.

“The concept’s application is elusive at best – it demands the supply chain manager gain access to information about every link throughout the chain, including specific materials or supplier data. Simultaneously both risk- and consumer-focused, the concept promises to reduce the guesswork and improve margins. 

“Yet for that reason, vendors love it. After all, nearly all solutions can claim to improve visibility through better data collection. Yet, like “resilience,” “big data” and “omnichannel,” the concept must be broken down into components if it is to prove real value.

“But perhaps the industry needs to obsess over visibility if it is to implement the full scale of traceability, tracking and transparency solutions.”

The full list of “2016 Dive Awards” for the supply chain category can be found here. For a broader look at the retail industry, check out the additional Dive Awards here.

Reach out to NGC Software today to find out how to achieve supply chain visibility. 



Panorama 2017: Mark your calendar!

Mark your calendar for the 2017 Panorama User Conference, May 16-18 at The Ritz-Carlton, Fort Lauderdale! We’ve arranged a great preliminary agenda and are looking forward to another terrific event. The conference promises to offer some great information on our next-generation product launch, informative sessions to get the most out of our products, and one-on-one meetings with our executives and product experts.

Today, we’re pleased to announce Edward Hertzman, CEO and Founder of Hertzman Media Group, as our keynote speaker on Wednesday, May 17. Recognizing the need for a publication focused solely on apparel and textile sourcing and manufacturing, Hertzman successfully launched Sourcing Journal in 2009. Today, Sourcing Journal is read by over 70,000 industry executives. Since establishing Hertzman Media Group in 2011, Hertzman has expanded the group’s portfolio to include Vamp, Rivet, Apparel Executives and various industry events. Before his media endeavors, Hertzman spent more than a decade working as an executive for major sourcing companies all over the world, including Synergies Worldwide and Pearl Global. He has partnered with globally recognized retailers and wholesalers and continues to consult widely on sourcing and supply chain matters. We’re thrilled to have Hertzman join us at Panorama 2017 to offer his unique insight into the state of the apparel and textile industry.

Once again, the conference will be hosted at the beautiful, oceanfront Ritz-Carlton, Fort Lauderdale. The hotel block will be open through Monday, April 10. Be sure to register for Panorama before Wednesday, Mar. 15 to secure the early bird rate. We can’t wait to see you in May!


 
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