Kinaxis recognized for the third consecutive time in Leaders quadrant for completeness of vision and ability to execute
OTTAWA, May 14, 2019 /CNW/ - Kinaxis® Inc. (TSX: KXS), the leader in empowering people to make confident supply chain decisions, today announced the company has been positioned as a Leader in Gartner's 2019 Magic Quadrant for Sales and Operations Planning (S&OP) Systems of Differentiation (SOD) for the third consecutive time1. In this report, Gartner analyzes supply chain planning software solutions that enable a Stage 4 or higher S&OP maturity process. A complimentary copy of the report can be downloaded from Kinaxis.
With customers and partners in every region around the globe, Kinaxis provides a unique concurrent end-to-end planning solution for a wide range of vertical markets. Kinaxis was also recently named a Leader in the Gartner Magic Quadrant for Supply Chain Planning System of Record.
"Kinaxis has a strong history of market leadership and innovation around digital transformations," said John Sicard, CEO of Kinaxis. "Our pioneering concurrent planning technique and digital supply chain twin capabilities give companies the power to instantly and continuously balance every aspect of their end-to-end supply chains, and immediately see and understand the potential financial and functional impact of changes."
Continued Sicard, "We continue to work in collaboration with our customers, partners and stakeholders on purposeful applications of artificial intelligence/machine learning, advanced analytics and prescriptive automation to enable confident, aligned decision-making in the multienterprise supply chain. As a result, we're able to deliver more value for our customers and empower them to accelerate their maturity journey."
Gartner defines Stage 4 S&OP maturity as the "Collaborate" stage. The report states, "In this stage, the S&OP system creates a demand-driven, profitable supply response across the increasingly extended supply chain, taking into account internal resources and trading partner capabilities. Potential benefits are outside-in oriented and include improvements in gross margin, working capital and market share."
A single cloud-based SaaS platform, code base and user interface, RapidResponse integrates functional planning activities and ties them directly into the S&OP process. Planners can collaborate across functions and organizations and explore the financial and operational impacts of decisions quickly and collaboratively, helping companies make better trade-offs across competing metrics – both at the time of plan development or when mitigating risk due to unplanned events.
Kinaxis delivers S&OP capabilities that help customers:
- Break down silos by planning concurrently across hierarchies, organizational boundaries and time horizons
- Profitably change and shape forecast demand by aligning and balancing consensus demand and aggregate supply plans
- Make confident decisions faster by evaluating multiple supply-demand balancing scenarios against key corporate metrics
- Measure progress by setting and monitoring various financial targets and acceptable variability while maintaining S&OP assumptions
For further information, you can access a complimentary copy of the full Magic Quadrant for Sales and Operations Planning (S&OP) Systems of Differentiation (SOD) report here.
Gartner, Magic Quadrant for Sales and Operations Planning System of Differentiation, T. Payne et al, May 7, 2019
Gartner, Magic Quadrant for Sales and Operations Planning Systems of Differentiation, Amber Salley et al, August 21, 2018
Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Kinaxis Inc.
Eliminating volatility in your supply chain is impossible, but managing it is not. Trusted by top brands, Kinaxis® gives people the confidence to know they are making the best supply chain planning decisions to maximize business performance. We solve complex business problems in easy-to-understand ways by combining human and machine intelligence to plan for any future, monitor risks and opportunities and respond at the pace of change. With the support of our community of supply chain experts and using our unique concurrent planning technique and single integrated planning platform, customers can realize higher revenue, lower costs and fewer risks. For more Kinaxis news, follow us on LinkedIn, Twitter or Facebook.
Certain statements in this release constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include statements as to Kinaxis' growth opportunities and the potential benefits of, and demand for, Kinaxis' products and services. These statements are subject to certain assumptions, risks and uncertainties, including our view of the relative position of Kinaxis' products and services compared to competitive offerings in the industry. Readers are cautioned not to place undue reliance on such statements. Kinaxis' actual results, performance, achievements and developments may differ materially from the results, performance, achievements or developments expressed or implied by such statements. Risk factors that may cause the actual results, performance, achievements or developments of Kinaxis to differ materially from the results, performance, achievements or developments expressed or implied by such statements can be found in the public documents filed by Kinaxis with Canadian securities regulatory authorities. Kinaxis assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.
SOURCE Kinaxis Inc.
Renseignements: Media Relations, Danielle McNeil Taylor, Kinaxis, email@example.com, 343-998-7284; Investor Relations, Rick Wadsworth, Kinaxis, firstname.lastname@example.org, 613-907-7613