Blog

Appealing to Gen Z in a Post-COVID-19 World

By 2035, Generation Z will account for 40 percent of luxury purchases worldwide. This group, born roughly between 1997 and 2012, will be impacted by COVID-19 for their lifetime, since the pandemic occurred in the midst of their most formative years.

Restructuring Supply Chains to Respond to Demand: IBF Webinar Summary

Recently, we were pleased to join the Institute of Business Forecasting & Planning (IBF) for its panel on how leading companies are evolving their supply chains in response to COVID-19. Our president Mark Burstein joined our customer Carter’s, Citizen Watch America and Cardinal Health for the discussion, which can be found on demand here.

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.

Reopening Retail: Not Just When, but How

With 42 million retail industry jobs on the line, re-opening stores in a safe and timely manner has become a priority for the U.S. economy. However, a resurgence of traditional shopping will not be possible if consumers don’t feel comfortable. A recent survey by Morning Consult reported that it will take at least six months for 24 percent of U.S. consumers to confidently enter a shopping mall, with an additional 26 percent being unable to even estimate when they might feel safe in a store again. This uncertainty has led business leaders, government officials and health professionals to debate when non-essential businesses should reopen, but many are not aligning a proper strategy with their suggested timeline. Our very own Mark Burstein, president, has shared his comprehensive plan for reopening with Sourcing Journal, outlining how “shopping by appointment” could have a long-term positive impact.

NGC Customers Bringing Invaluable Support to COVID-19 Efforts

As the COVID-19 crisis continues throughout America and abroad, the daily news coverage has been inundated with negativity. During these tough times, it is important to find positive inspiration to keep spirits lifted as the world continues to fight the coronavirus together. At NGC,our clients are making us proud with stories of resilience and empathy. We’ve been sharing them on social media using the hashtag #NGCProudMoment, but we wanted to highlight them in more detail here. We’re finding it essential to provide stories of hope amongst all the fear.

Beyond the Breakout: The Fashion Industry Post-Coronavirus

The coronavirus is the hot topic globally and the fashion industry is feeling the heat. From shifts in sourcing to significant impacts on supply chains, rethinking processesseems to be the “new normal.” Numerous postponementsof fall 2020 collections and shows, manufacturing facilities closed, and projected revenue losses for the first half of 2020 all have forced companies like The Capri Group, which owns Versace and Jimmy Choo, to expect to lose up to $100 million in revenue. Some groups are doing what they can to help, such as the Council of Fashion Designers of America. Tom Ford, CFDA chairman, said in a recent WWD article that the CFDA “is working to access [monetary] relief at the federal and local levels.”

NGC Executives Earn Three 2020 Pros to Know Awards

Our very own Mark Burstein, Fred Isenberg and Roger Mayerson have been recognized as 2020 Provider Pros to Know by Supply & Demand Chain Executive. They were selected from a field of over 500 entries for their expertise in leading initiatives to prepare companies and their supply chains for the challenges that today’s business climate brings. The Pros to Know award recognizes executives whose accomplishments stand above and beyond, offering a roadmap for other leaders who wish to utilize their supply chains to gain a competitive advantage. Mark, Fred and Roger are shining examples of this form of leadership. By showing an unabashed commitment to transforming supply chains, Mark has earned his third consecutive Pros to Know award and Fred and Roger have earned their second consecutive award.