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Future-Proofing The Fashion Value Chain

Posted by Harriet Schneider on Feb 9, 2021 9:30:00 AM

The fashion industry thrives on innovation. It’s what the consumer wants from us—something new, not just clones or replacements for worn-out items. New product introductions are critical to business success, but only half of them achieve the profit objectives set before launch. To improve the ratio of hits to disappointments, it is essential to listen to the consumer and collaborate with the supply chain.

The consumer sets the bar for value and the supply chain determines whether you meet or miss it. The next decade will call for significant materials and process innovations at both the micro (product) and the macro (enterprise, supply chain, and industry) level. If shorter, more frequent product introduction cycles were the only challenge… but they’re not. At strategic planning levels, the industry must figure out how to convert to more sustainable ways of doing business, starting with raw materials and research and development and expanding product lifecycle management practices to include recycling. At the operational level, rethink the way you work internally and collaborate with supply chain partners to eliminate waste throughout the value chain. If a process doesn’t add value for the consumer, don’t do it. Optimize the entire value chain and focus it on value creation. Innovations arise at every stage, when all the partners can see the value chain as a whole.

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Topics: Fashion & Retail, Distribution, Supply Chain, Fashion & Apparel, Cloudsuite Fashion & Apparel, Infor CloudSuite PLM for Fashion, Enterprise Software, Supply Chain Management

Bring Your Value Chain Closer To The Consumer

Posted by Harriet Schneider on Jan 12, 2021 8:00:00 AM

Design your value chain for omni-channel

Today, customers expect to shop, compare, purchase, and consume on their own terms—on their own schedule, through a variety of channels, and on a variety of devices. For fashion companies, that means operating in a customer-driven economy. Not only should your marketing campaigns drive customers to the omni-channel outlets that you monitor, but your value chain should be ready to support these efforts. The omni-channel experience must be seamless and consistent, inspiring your customers to make purchases whether they’re in a physical store or online. For your omni-channel management efforts and value chain to be in sync, you must move toward new business models that are far more collaborative, consumer driven, responsive, and quick. But how do you design a value chain so you can get closer to your customers and quickly deliver on their needs? And how do you get your value chain partners aligned to get the right products to where consumers want them—as quickly and efficiently as possible? This eBook will answer these questions and more.

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Topics: ERP, Fashion & Retail, Supply Chain, Fashion PLM, Cloudsuite Fashion & Apparel, Infor M3 ERP, Enterprise Software, WMS, Supply Chain Management

Creating A Connected & Collaborative Fashion Digital Ecosystem

Posted by Harriet Schneider on Nov 5, 2020 8:00:00 AM

An established digital ecosystem lets brands reduce design-plan-manufacture cycles, improve supply chain planning accuracy, enable end-to-end inventory visibility, and help manage financial orchestration and liquidity. This helps ensure that the right products get to the right place, at the right time—on budget, and aligned with sustainability efforts that appeal to customers socially and environmentally. Additionally, a connected supply chain can improve visibility of key production metrics such as water usage and chemical content, all of which can be shared with consumers.

Collaborative networks connect complex systems of enterprises, applications, service providers, data sources, and devices involved in a fashion brand’s value chain and host them on a cloud-based platform for optimal performance and accessibility. Cloud-based systems facilitate the communication, performance, scale, security, and computing power needed to leverage technology solutions across the entire design to the manufacturing cycle.


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Topics: Fashion & Retail, Supply Chain, Fashion & Apparel, Supply Chain Visibility, Cloudsuite Fashion & Apparel, Infor CloudSuite PLM for Fashion, Retail Supply Chain, Supply Chain Management

Why Vertical Industry Expertise Is So Important?

Posted by Harriet Schneider on Jul 28, 2020 8:00:00 AM

If you follow industry news, attend prospect events, or read our partner Infor's website, you know that vertical industry expertise is a favorite topic for Infor executives, leaders, and strategists. Industry-specific functionality is part of our critical foundation and a strong differentiating feature for our software solutions, we say frequently. But, have you thought about why? Do you know where our industry expertise comes from and how we leverage it into valuable selling points? Let’s look closer at what “industry expertise” means, why we are highly focused on it as a strategy, and how it will propel Infor forward.

The backstory

To understand where we are going, it helps to know how we got here. History provides context. In the evolution of ERP solutions, there’s a long and winding road that providers and users travelled before today’s Software as a Service (SAAS) model became the accepted best practice. In early days of ERP solutions, massive monolithic solutions with complex architecture and rigid code structure were the norm. Large enterprises invested heavily and hired consultants to customize the operational features. The heavily modified systems were costly to update.

Then came cloud computing. But, for companies to take advantage of the benefits of multi-tenant cloud deployment, they needed to have their industry-specific functionality already built into the solution—so modifications wouldn’t be needed. Modifications slow down deployment and can get in the way of upgrades.

Infor had been heavily investing into industry-specific features of the core ERP solutions. The solutions contain the functionality needed for industry specific applications—making it easier to migrate to the cloud.

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Topics: ERP, Fashion & Retail, Food & Beverage, Infor M3, Fashion & Apparel, Enterprise Resource Planning, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Infor M3 ERP

Is It Time For An Enterprise Software Update? Part 4-Ensure Success

Posted by Harriet Schneider on Apr 27, 2020 8:00:00 AM
 
 

A Panel Discussion on how to ensure success of your Enterprise Software Update/Upgrade

Updating your enterprise systems to ensure your growing business needs and challenges for today and tomorrow. 

April 30, 2020
11 am CST

Your business continues to evolve because of changing customer needs, global supply chains, digital manufacturing, technology advancements, mergers and acquisitions, and other important drivers. Is your ERP system keeping up?

Join us for this 20-minute virtual panel discussion as we focus on what are the critical success factors for ensuring you successfully manage the update/upgrade of your Enterprise Software

REGISTER NOW

 

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Topics: ERP, Manufacturing, Food & Beverage, Webinar, Process Manufacturing, Fashion & Apparel, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Chemical Processing

Is It Time For An Enterprise Software Update? Part 3-Ensure Success

Posted by Harriet Schneider on Apr 17, 2020 8:00:00 AM
 
 

A Panel Discussion on how to ensure success of your Enterprise Software Update/Upgrade

Updating your enterprise systems to ensure your growing business needs and challenges for today and tomorrow. 

April 23, 2020
11 am CST

Your business continues to evolve because of changing customer needs, global supply chains, digital manufacturing, technology advancements, mergers and acquisitions, and other important drivers. Is your ERP system keeping up?

Join us for this 20-minute virtual panel discussion as we focus on what are the critical success factors for ensuring you successfully manage the update/upgrade of your Enterprise Software

REGISTER NOW

 

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Topics: ERP, Manufacturing, Food & Beverage, Webinar, Process Manufacturing, Fashion & Apparel, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Chemical Processing

Is It Time For An Enterprise Software Update? Part 2-Learn The Signs.

Posted by Harriet Schneider on Apr 13, 2020 1:52:11 PM
 
 

A Panel Discussion on How To Learn the Signs

Updating your enterprise systems to ensure your growing business needs and challenges for today and tomorrow. 

April 16, 2020
11 am CST

Your business continues to evolve because of changing customer needs, global supply chains, digital manufacturing, technology advancements, mergers and acquisitions, and other important drivers. Is your ERP system keeping up?

Join us for this 20-minute virtual panel discussion as we focus on understanding the signs to update to your Enterprise Software.

REGISTER NOW

 

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Topics: ERP, Manufacturing, Food & Beverage, Webinar, Process Manufacturing, Fashion & Apparel, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Chemical Processing

Is It Time For An Enterprise Software Upgrade? Part 1-Learn The Signs.

Posted by Harriet Schneider on Apr 2, 2020 8:00:00 AM

Upgrading your enterprise systems to ensure your growing business needs and challenges for today and tomorrow. 

April 9, 2020
11 am CST

Your business continues to evolve because of changing customer needs, global supply chains, digital manufacturing, technology advancements, mergers and acquisitions, and other important drivers. Is your ERP system keeping up?

Join us for this 20-minute virtual seminar as we focus on learning if it's time for your ERP System upgrade.

 

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Topics: ERP, Manufacturing, Food & Beverage, Webinar, Process Manufacturing, Fashion & Apparel, CloudSuite Food & Beverage, Cloudsuite Fashion & Apparel, Chemical Processing

Is There An Unrelenting Collapse Of The Middle In Retail?

Posted by Harriet Schneider on Sep 24, 2019 10:00:00 AM

We thought this was an interesting article. Published by Forbes this month it talks about how it’s a virtual certainty that this year will end with physical stores sales not only being up year over year (again) but also, according to eMarketer, contributing more incremental sales growth than e-commerce.

Great news but for all retailers? Here's what Mitchell Chi, ICCG's General Manager - Americas, Enterprise Software has to say...

My thoughts about the collapse of the middle…

Did you know that 83% of retail shoppers enjoy socializing with friends centered on physical stores? Some retailers, when pressured to increase margins, focused on cutting wages, training and staff. They shifted spending to store displays, traditional advertising, and  a poor product assortment. These retailers deserved to die. Good riddance. 

But all of this makes the mid-market ripe for a low cost, “social retailer.” One like Primark. Great selection, well trained staff and FUN. My go to store for weekend, lay around the house clothing. 

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Topics: Retail, Infor M3, Retail Trends, Online Retail, CloudSuite Retail, Cloudsuite Fashion & Apparel, CloudSuite PLM

10 Reasons To Upgrade To The Latest Infor Fashion PLM

Posted by Harriet Schneider on Sep 19, 2019 8:00:00 AM

The latest release of Infor Fashion PLM offers new tools to help you plan, develop, comply, approve, and collaborate with partners in the design and pre-production process. In addition, the new Fashion PLM Cloud Edition offers a multi-tenant solution built on the Infor OS platform, which also leverages Infor ION and Infor Ming.le for seamless and social collaboration.

We've highlighted ten reasons that your company should upgrade to the latest version of Infor Fashion PLM. Continue reading the blog to learn.

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Topics: Fashion & Apparel, Fashion PLM, Cloudsuite Fashion & Apparel

About ICCG

Welcome to our Blog - ICCG Insights!

Embracing thought leadership as a pathway for growth, represents the true spirit of progressive change that will make a difference in technology-driven industries. As a consulting company, ICCG customers look to us as their value-added resource. They expect us to be proactive about solving their immediate challenges and we don’t take that responsibility lightly. It is this that drives us to share our best practices, knowledge-base, years of experience, and tried and true methodologies. These have been the hallmarks of our corporate brand.

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