Blog

The 2020 Holiday Season Is Unlike Any Other: Unprecedented

It goes without saying that this holiday season will be described with the same adjective that applied to the rest of 2020: unprecedented. Traffic at stores on Black Friday fell 52.1% compared to last year, according to Sensormatic Solutions, and online spending surged 21.6% to hit a new record, according to Adobe Analytics. Throughout this entire year, supply chains have been packed up, inventory has not followed annual spending patterns and retailers are continually being forced to adapt, and then adapt again. So, with less than one month until the holidays, how are retailers navigating this critical, yet complicated season?

Impending Cotton Ban Threatens Supply Chain Industry

2020 has taught the world many lessons, and fashion has been among the most impacted industries as it faces its fair share of complications for the supply chain. With the holiday season around the corner, orders are forecasted to exceed shipping capacity by 5% and Black Friday promises to look anything but typical. However, according to our president Mark Burstein, the most pressing issue facing the supply chain industry today is the probable ban of cotton products from the Xinjiang region in China.

Take Back Control and Build the Resilient Supply Chain

We just wrapped up Disruption RX, a virtual supply chain summit designed to help companies rebound from unplanned shocks to their digital supply chain. Logility, Demand Solutions, and NGC customers, industry experts and thought leaders gathered to discuss how businesses can run smarter and faster with innovative technology that drives growth and boosts profitability. Attendees learned strategies that help make smart, data-driven decisions faster to transform organizations into truly resilient enterprises.

NGC, Logility and Demand Solutions Introduce Disruption RX, A New Series of Virtual Supply Chain Summits

In order to help retailers thrive in the post COVID-19 era, NGC, along with our sister companies Logility and Demand Solutions, is hosting Disruption RX, a curated series of virtual supply chain summits. Starting October 7-8, 2020, these events will showcase thought-provoking and transformative supply chain strategies made possible by AI.

Adapting to the COVID-19 Back-to-School Season

The two biggest seasons for retail have always been the winter holidays and back-to-school. Yet in 2020, nothing is for certain as the retail landscape has severed ties with the presumed annual patterns. Despite the confusion, retailers can still see the needed spike in sales if they adjust their strategies to meet this new moment.

What Will Sustainability Look Like in a Post-COVID-19 World?

Sustainability has always been top of mind for retailers, but the importance of sustainable fashion has only risen as the coronavirus sweeps our world.

NGC Receives 10th SDCE 100 Award for Work With C&A

We are thrilled to announce that Supply & Demand Chain Executive selected us a recipient of the SDCE 100 Award for the tenth consecutive year! This year, we were recognized for our work with C&A, which has been a customer since 2016 and upgraded to our digital supply chain solution in 2018.

COVID-19 Response: How Retailers Can Adapt to a New Reality

The COVID-19 pandemic has resulted in changes across all industries, particularly retail. As a result, we’ve valued how the American Apparel & Footwear Association (AAFA) has helped the community establish paths forward through advice and conversation. This week, our president Mark Burstein shared our firsthand accounts of what we’ve learned during the pandemic during the second broadcast of the AAFA’s Industry Resilience Campaign chat—you can view the conversation on demand here.

How Does COVID-19 Impact Luxury?

As the global coronavirus pandemic continues, entire industries are forced to reevaluate their business practices to ensure longevity once the crisis has subsided. Luxury retailers are among the verticals impacted, although the industry may fare better than originally thought. Despite store closures and the impending recession, investors remain optimistic. Big-name brands like LVMH and Kering are expected to recover.

NGC Among the Top 100 Logistics IT Providers for the Eleventh Year in a Row

For the 11th year in a row, NGC has been selected from a pool of over 400 candidates as one of this year’s Top 100 Logistics IT Providers. This honor from Inbound Logistics signifies the success NGC has obtained through helping companies enable the digital supply chain and prepare for their future by combining all systems, applications, processes and information from the supply chain into a single platform. NGC is proud to be listed among the other honorees that have demonstrated excellence in logistics management.