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The Changing Role of PLM

Looking at recent headlines, you’ll see that former leading retailers are now facing store closings, liquidations and layoffs. In large part, this is due to changing consumer buying trends that have taken over traditional methods of shopping. For example, Gen Z and millennial consumers are purchasing products from Instagram or trading clothes with people online. Additionally, stores are downsizing and landlords are leasing out space for experiences rather than selling products, making malls an entertainment complex rather than purely a shopping center. In order to survive, retailers and brands need to ensure that their product development and supply chain operations are able to reach to evolving sales trends.

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Congratulations to Our 2017 Apparel “Top 50” Customers

Apparel Magazine has released the 2017 “Top 50” publicly traded apparel companies who have demonstrated that they are “working diligently to meet customer demand with innovative product, fast delivery and seamless experiences across channels, while facing down the challenges of a swiftly changing retail world.” We’re honored to announce that six NGC Software customers are featured in this year’s list.

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Poor Product Quality – What It Means to Your Bottom Line

In today’s competitive market, brands and retailers are focused on their bottom line. To most, that means acquiring new customers, increasing distribution networks, and preparing for next season. However, there is a way to increase profit quickly – by reducing the cost of poor product quality. The effect of poor quality can lead to exponential costs, both internally and externally, and can hinder your long-term growth if not addressed. In addition to the direct cost of the defective product, you must consider the internal processes that directly or indirectly led to those errors, and how poor quality ultimately affects your consumer relationships and your brand’s name. For example, if you don’t have the proper systems and procedures in place for detecting a defect early in the production cycle, a product could get rejected once it reaches your customer. This results in a chargeback, or worse, it could be put on the shelf only to end in a return or bad review by a consumer.

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It’s Time to Make a Strong Commitment to E.S.G.

You might not have heard of the acronym, “E.S.G.,” but if you’re planning to seek funding anytime soon, listen up: E.S.G. is now a key metric for investors in making major investment decisions. But what is E.S.G.? Investopedia provides a simple explanation, saying, “The Environmental, Social and Governance (ESG) Criteria is a set of standards for a company’s operations that socially conscious investors use to screen investments.” Here’s how they break it down:

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Sourcing Journal: Your Supply Chain Isn’t as Fast as Zara’s – But it Could be

NGC’s Mark Burstein recently spoke with Crawford about how retailers need to close the gap between recognizing the need to change and actually being able to match the speed of Zara’s supply chain. “At Zara, they’re afraid to not make a quick decision…if it’s the wrong decision, they’ll recover and move on,” Burstein told Sourcing Journal.

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Supply & Demand Chain Executive Top 100 Recognizes NGC for Seventh Consecutive Year

Each year, Supply & Demand Chain Executives (SDCE) Magazine highlights 100 successful and innovative supply chain transformation projects that deliver bottom-line value to business across a number of industries. For the seventh consecutive year, NGC is honored to be included in the 2017 list, released by SDCE today.

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NGC Software at PI Apparel NYC, June 22-23

We’re excited to announce that NGC Software’s Mark Burstein will be speaking at PI Apparel NYC, June 22-23. This two-day event features the latest technologies and leading experts disrupting the fashion, apparel and footwear industry. Mark’s session, “Retail Transformation, The Changing Role of PLM and What You Need to Do About It,” explores how the digital supply chain demands that information and data flow throughout the entire value chain. Today, PLM systems only contribute to a sector of that value chain; PLM’s role is rapidly changing, and almost no global fashion company knows the proper approach to execute a Digital Supply Chain.

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It’s a Wrap on NGC Panorama 2017

Last week, we held our third NGC Panorama User Conference in Ft. Lauderdale. The event was packed with three days of networking, workshops, keynotes and beautiful views. One of many conference highlights was our keynote from Edward Hertzman, Founder & CEO of Hertzman Media Group, and the man behind Sourcing Journal, arguably one of today’s most relevant publications in the apparel and textile industry. Eddie provided, “A Candid Look at the Shifting Landscapes of Retail, Apparel, Trade and Global Sourcing.”

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NGC Customers Canada Goose and Xcel Brands Named Apparel “Top Innovators”

Each year Apparel Magazine ranks the “Top Innovators” in the industry, and, this year, NGC Software is honored to announce that not one but two of our customers were included in the list. With the help of technology, this year’s honorees are finding new and innovative ways to advance their businesses and beat the competition. Among the list are NGC customers Canada Goose and Xcel Brands. Here’s what Apparel had to say about each customer’s work with NGC:

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Part 3: Managing Risk In Your Global Supply Chain – The Vendor Assessment Process

In the first two installments of this three-part blog series, we discussed the overall importance of Corporate Social Responsibility (CSR), outlined the first step in implementing a CSR program – Setting Standards of Vendor Engagement, and then reviewed the 4 Critical Terms of Engagement vendors should be expected to uphold to build the foundation for a healthy, lasting and successful relationship. In this installment, we will review the final step in the series, The Vendor Assessment Process.

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