February 2014 Entries

NGC Sponsors American Apparel & Footwear Association’s 2014 Executive Summit

NGC is proud to sponsor this year’s American Apparel & Footwear Association’s Annual Executive Summit March 5-7, 2014 at The Ritz-Carlton, Pentagon City in Arlington, VA. The summit has a long-standing tradition of bringing together apparel’s top leaders and thinkers to discuss issues impacting the bottom line in the apparel and footwear industries. 

Issues discussed at the annual summit historically revolve around hot industry topics and current events, and this year is no different! Themes to be highlighted throughout the event include security and safety in business, the political and economic dynamics at play in the international market, and how to leverage innovation and partnerships for global growth.

This year’s featured speakers complete a prestigious line-up of knowledgeable and experienced industry leaders. Notable names to join the roster of speakers are Robert S. Mueller, FBI Director and Chris Matthews of MSNBC’s Hardball. Jon Huntsman, Jr., co-chair of the IP Commission and former governor of Utah and U.S. Ambassador, and Diane von Furtstenburg, founder of DVF Studio, LLC and president of the Council of Fashion Designers of America, will also be speaking at the 2014 AAFA Annual Executive Summit.

Our own Mark Burstein, president of sales, marketing and R&D, holds the summit in high regard, noting, “The AAFA Annual Executive Summit brings together top leaders in the fashion industry for thought-provoking discussions, networking and information that you simply can't get anywhere else. It's a ‘must’ for any company that is seeking the best strategies to compete — and win — in the global marketplace.”

Are you planning to attend this year’s Executive Summit? If so, let us know! You can register here if you haven’t already – we hope to see many of you there, and we’re looking forward to another great year for networking and industry discussions!

Are Software Solutions the Future of Sourcing? The Answer is “Yes”

The apparel industry is undergoing rapid and unprecedented changes, marked by a laser-like focus on social compliance and ethical sourcing, significant changes in free trade agreements that are rewriting the sourcing landscape, and many other factors – all of which were front and center at NGC’s Panorama Conference last fall.

A recent article in Sourcing Journal, “Are Software Solutions the Future of Sourcing?,” provided an in-depth look at the Panorama user conference, the historic trends that are shaking up the apparel and fashion industry, and the role that software solutions play in sourcing’s future.

NGC’s Fred Isenberg, president of consulting services, explained to Sourcing Journal that “the industry is experiencing historic change and the challenges that comes with that: the ballooning costs of compliance, the emergence of new sourcing destinations, and the general shift of retail to the internet to accommodate a technologically savvier consumer, all demand new solutions, new strategies. The name of the game now is adaptability.”

Isenberg goes on to say, “The sea changes coming for the sourcing industry demand a revision of old business models which, in turn, requires innovative strategies to adapt to a commercial sector in flux. Many in sourcing are mining the potential promised by technological research and development of the kind designed and implemented by NGC, a company with history that stretches back to 1982, but manages to keep its eyes firmly fixed on the future.”

The article brings together expert commentary on the state of the apparel industry with insights from Panorama, quoting numerous industry experts and brands that are turning to technology to adapt to the industry’s fast-moving changes. Thanks to our friends at Sourcing Journal for first-rate coverage – we appreciate it! To view the entire article, click here.

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