NGC® today announced that Tibi, the New York-based fashion brand founded by designer Amy Smilovic, has implemented NGC's PLM and ERP systems. Tibi's designer collection is sold at over 600 retailers worldwide, including Net-a-Porter, Shopbop, Saks Fifth Avenue, Neiman Marcus and Harvey Nichols.
Tibi selected NGC's fashion PLM and apparel ERP software to support the popular brand's rapid growth. "NGC offered a comprehensive solution with both PLM and ERP, and that was very appealing to us," said Alexandra Boet, CFO of Tibi, LLC. "There were various features that stood out when compared to other systems, such as calendars and alerts that allow us to manage the business by exception. Based on our experience with our previous software vendor, we also liked the fact that NGC has a regional office that can provide customer support."
NGC's fully integrated PLM and apparel ERP system has enabled Tibi to streamline business processes and productivity, helping the company improve its overall efficiency. "NGC's software allows data from design, production, inventory, sales and accounting to live in the same repository," Boet noted. "This reduces time and error related to system interfaces, enabling us to get reports that correlate to different areas of the business. This allows us to focus our efforts on analyzing data rather than inputting it."
The systems have also had a positive impact on Tibi's supply chain, according to Boet. "We are now able to electronically exchange data with our trading partners in a systematic way," Boet said. "Most of our trading partners have been able to easily automate their processes, and this has eliminated the need for human data entry entirely.""Tibi is one of the bright young stars in advanced contemporary women's fashion, and NGC is pleased that our PLM and ERP solutions are helping Tibi run its business more effectively," said Mark Burstein, president of sales, marketing and R&D, NGC. "NGC is proud to be working with Tibi."
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts