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NGC Featured in IBF Panel on How Leading Companies Are Evolving Their Supply Chains in Response to COVID-19

June 11, 2020

NGC Featured in IBF Panel on How Leading Companies Are Evolving Their Supply Chains in Response to COVID-19

NGC president Mark Burstein will speak with Carter’s, Citizen Watch America and Cardinal Health during the IBF webinar on June 18

MIAMI—June 11, 2020— New Generation Computing, Inc., a leading provider of cloud-based digital supply chain solutions, announced that Mark Burstein, president of NGC, will speak during the Institute of Business Forecasting and Planning (IBF)’s webinar “Virtual Town Hall (Part 7): Forecasting During A Pandemic - Are You Ready for What's Next?” on June 18 from 11 a.m. to 12:15 pm EDT. Burstein will join a panel of senior forecasting and planning leaders.

The panel discussion, which is part of a series led by IBF, is a free, town-hall-style event that will reveal what leading companies are doing to prepare for the post-lockdown business environment and the methodologies they are using for effective demand planning.

During the event, Burstein will discuss how supply planning that incorporates factory capacity and production lead time can quickly and precisely reallocate production orders to alternate vendors as infection rate spikes cause primary suppliers and factories to limit production or shut down. Burstein will then explain how demand sensing, using multiple sources including a retailers’ POS (Point-of-Sale) data and John Hopkins COVID-19 infection rate data, can identify the optimal channels and stores to deploy inventory (regardless of current location) in order to maximize sell through and profit.

Panelists include:

  • Lori Anter, MBA, director, demand planning, Cardinal Health: Anter oversees the Americas Demand Planning Department and is responsible for global consolidation of forecasts and new process development at Cardinal Health.
  • Glenn Pascrell, SVP, merchandise planning and market analytics, Citizen Watch America: Pascrell is responsible for merchandise planning, inventory management, purchasing and product pricing for the U.S. market at Citizen Watch America.
  • Steve Tribou, VP of sales forecasting and planning, Carter's: Tribou leads a team that works with sales partners on retail accounting planning and forecasting for Carter’s.
  • Mark Burstein, president, NGC Software: Burstein leads all of NGC’s sales, marketing, R&D and strategic initiatives. He joined NGC in 2002 and has served in numerous executive sales, marketing and product development positions, including vice president of PLM and global sourcing solutions.

To learn more about the webinar and sign up, visit: https://ibf.org/events/webinar18-06-2020.

About NGC

NGC’s cloud platform powers the digital supply chain, enabling brands and retailers to maximize revenue and profit by accelerating lead times, streamlining product development and supply chain management, and optimizing distribution. NGC solutions cover the entire concept to customer lifecycle, including PLM, SCM, quality and compliance, as well as integrated business planning and demand, inventory, supply and retail optimization.

Leading global brands and retailers rely on NGC solutions, including Brooks Brothers, Carter’s, Destination XL, Fanatics, Foot Locker, Jockey International, Lacoste, Spanx, VF Corporation and many others. NGC has offices in Miami, New York, Los Angeles, Canada, China, India, Mexico, and El Salvador and is a wholly owned subsidiary of American Software, Inc. (NASDAQ: AMSWA). For more information, visit www.ngcsoftware.com.

Forward-Looking Statements: This press release contains forward-looking statements that are subject to substantial risks and uncertainties. There are a number of factors that could cause actual results to differ materially from those anticipated by statements made herein. These factors include, but are not limited to, continuing U.S. and global economic uncertainty, the timing and degree of business recovery, unpredictability and the irregular pattern of future revenues, dependence on particular market segments or customers, competitive pressures, delays, product liability and warranty claims and other risks associated with new product development, undetected software errors, market acceptance of the Company’s products, technological complexity, the challenges and risks associated with integration of acquired product lines, companies and services, as well as a number of other risk factors that could affect the Company’s future performance. For further information about risks the Company and American Software could experience as well as other information, please refer to American Software, Inc.’s current Form 10-K and other reports and documents subsequently filed with the Securities and Exchange Commission. For more information, contact Vincent C. Klinges, Chief Financial Officer, American Software, Inc., 470 East Paces Ferry Rd., Atlanta, GA 30305, (404) 261-9777. FAX: (404) 264-5206 INTERNET: www.amsoftware.com

New Generation Computing® is a registered trademark of New Generation Computing, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.