Scm Entries



Sourcing Journal Founder Edward Hertzman to Focus on Industry Disruption at Panorama 2017


The retail and apparel industries are experiencing the biggest changes in decades, and Sourcing Journal founder Edward Hertzman will share his observations as our keynote speaker for NGC Panorama, May 17. Eddie’s keynote, “A Candid Look at the Shifting Landscapes of Retail, Apparel, Trade and Global Sourcing,” will focus on the industry disruptions and rapid changes that are affecting our industry.
 
In just a few short years, Sourcing Journal has grown to become one of the apparel industry’s most influential publications, and Eddie is a sought-after speaker and industry expert. Eddie’s keynote session is a “can’t miss” that will set the tone for Panorama 2017, as we explore new technologies and best practices that can help NGC customers thrive in a time of unprecedented change.
 
Our agenda is filled with customer-led panels covering topics ranging from “The State of the Apparel Industry” to “Implementation Challenges and Successes.” No matter what NGC solutions you’re interested in, you’ll find product workshops on a range of topics: PLM, SCM, Quality Control, Vendor Management, ERP, BI, and Shop Floor Control. You’ll learn about all the exciting breakthroughs in our new Andromeda Cloud Platform, too, and we’ll share our product and technology roadmap.
 
As a reminder, Early Bird Registration ends March 15, so sign up soon and save. Our hotel block closes on April 10, so book today for the best rates!
 


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.



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. 



Mark Burstein discusses how to break down supply chain silos in Supply & Demand Chain Executive

Organizational silos are the bane of so many brands’ and retailers’ supply chains, from disconnected departments to information disparages across channels. But there is relief in sight in the form of today’s next generation supply chain management (SCM) systems that are connecting channels and alleviating the pain silos put on production and profits.

In a recent article by our own Mark Burstein in Supply & Demand Chain Executive, he breaks down a few ways businesses can implement these new SCM practices across their enterprise, by:

  • Responding quickly to sales data. Boosting sales and profitability can be summed up with a simple formula: If something is selling, accelerate production and make more of it; if it’s not selling, cut the losses and stop making it, because it’s cheaper to cancel production. Even a handful of poor-selling products can ruin overall profitability. With the SCM hub connecting design, finance, sales and production data in real time, retailers and brands can quickly react to the latest sales information and make the most of every season.
  • Postponement. SCM allows organizations to push decision-making further downstream; this concept of postponement—waiting until the last possible minute to make decisions—is central to lead time optimization. And it improves decisions, because the further into the design-production process, the more information companies have and the better decisions they make.
  • Performing quality audits at the factory. SCM allows organizations to incorporate quality audits as part of the enterprise platform. This enables you to check for quality at the factory before the goods ship; if an audit fails, you can address it at the source, resolving quality issues quickly and without undue cost.

With omnichannel retailing grown exponentially every year, retailers and brands are looking to new ways their SCM helps meet the demands of consumers and increase profitability. View the full article by Mark, here.


 
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