MIAMI--(BUSINESS WIRE)--New Generation Computing, Inc. (“NGC”), a leading provider of cloud-based solutions for product lifecycle management (PLM), supply chain management (SCM), quality control and vendor compliance, today announced that it was selected as a recipient of the 2018 Supply & Demand Chain Executive SDCE 100 Awards for the eighth consecutive year.
The SDCE 100 is an annual list of 100 great supply chain projects that serve as a map for supply chain executives who are looking for new opportunities to drive improvement in their own operations. The award spotlights successful and innovative transformation projects that deliver bottom-line value and achieve supply chain excellence.
This year, NGCTM was recognized for its work deploying the AndromedaTM Cloud Platform with Groupe Dynamite, a global fashion retailer with two brands at the heart of its success, Garage and Dynamite. The process of raw material procurement and management in the fashion industry typically requires long lead times, which does not meet the needs of the agile, fast-fashion world that Groupe Dynamite operates in. To reduce lead times, Groupe Dynamite implemented the NGC Andromeda Cloud PlatformTM to place and manage pre-positioned raw materials commitments so new and replenishment orders can enter production in a matter of days. This postponement technique allows Groupe Dynamite to quickly make go/no-go production decisions by evaluating current product supply vs. in-season sales trends.
“NGC Andromeda provides Groupe Dynamite with a level of visibility and cross-functional data that cannot be matched through spreadsheet management,” said Scott Fennell, business development specialist, Groupe Dynamite. “All of our business units constantly use Andromeda to meet supply chain demand requirements that ensure material allocation decisions are efficiently utilizing available resources. In an industry where lead time reduction is vital, showing merchandisers their material position in real-time is a key contributor to Groupe Dynamite’s success.”
Andromeda redistributes the workload across multiple departments, eliminates many versions of complex spreadsheets, and provides a portal to share information with all stakeholders. By using Andromeda, Groupe Dynamite expects to reduce fabric liabilities by 50% in the first year.
“It’s an honor to be named a SDCE 100 recipient for the eighth year in a row,” said Mark Burstein, president, NGC. “The Group Dynamite project is just one of many examples of how the Andromeda Cloud Platform is helping apparel brands and retailers enable the Digital Supply Chain to create visibility across the supply chain, facilitate postponement strategies and reduce lead times.”
For the full list of the SDCE 100 recipients, click here.
About Supply & Demand Chain Executive
Supply & Demand Chain Executive is the executive’s user manual for successful supply and demand chain transformation, utilizing hard-hitting analysis, viewpoints and unbiased case studies to steer executives and supply management professionals through the complicated, yet critical, world of supply and demand chain enablement to gain competitive advantage. Visit us on the web at www.SDCExec.com.
About Groupe Dynamite
Groupe Dynamite is a global fashion retailer with two brands at the heart of its success, Garage and Dynamite. We operate more than 400 stores in Canada and worldwide and employ over 5,200 people. We have our roots planted firmly in the terrain of fashion’s retail landscape.
Within our walls, our spirited group creates, designs, markets and distributes a constantly evolving collection to a large network of Dynamite and Garage retail stores. The brand’s core strength is rooted in a solid understanding of its customer.
Acting as a Canadian leader among the international brand landscape, both Garage & Dynamite continue to thrive in an ever-crowded marketplace. Our passionate team continues to lead expansion of the business in new markets, including e-commerce while always leveraging our shared values.
NGC powers the Digital Supply Chain for retailers and brands with the Andromeda Cloud Platform, including solutions for product lifecycle management (PLM), supply chain management (SCM), global quality control and vendor compliance.
NGC customers include Brooks Brothers, Carter’s, Destination XL, Fanatics, Foot Locker, Jockey International, Nicole Miller, Spanx, Sport Obermeyer, VF Corporation, Xcel Brands 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), named one of the 100 Most Trustworthy Companies in America by Forbes. 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 about risks the Company could face as well as other 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
NGC, Andromeda and Andromeda Cloud Platform are trademarks of New Generation Computing, Inc.