Kinaxis achieves third consecutive ranking in Leaders quadrant by delivering unified processes across S&OP, supply and demand on a single platform
OTTAWA, Aug. 24, 2018 /CNW/ - Kinaxis Inc. (TSX: KXS), provider of RapidResponse®, a leading cloud-based supply chain management solution based on concurrent planning, today announced Gartner, Inc. has positioned Kinaxis® in the Leaders quadrant of its Magic Quadrant for Supply Chain Planning (SCP) System of Record (SOR) for the third consecutive time. With customers and partners across every global region, Kinaxis provides a unique concurrent planning solution for a wide range of verticals—including aerospace and defense, automotive, consumer products, high-tech and electronics, industrial and life sciences.
"We believe our leadership position in Gartner's Magic Quadrant for Supply Chain Planning System of Record and high level of customer satisfaction validates our ability to empower global businesses to overcome today's supply chain volatility," said John Sicard, Chief Executive Officer, Kinaxis. "We continue to help companies at any maturity level improve their supply chain planning agility, speed and efficiency. Our unique concurrent planning technique delivers real-world actionable what-if scenarios and end-to-end visibility and eliminates functional silos. This core difference enables Kinaxis to offer a true single platform solution, one that connects all data, processes and people to unify supply chain management."
According to Gartner, "an SCP SOR is a platform that enables a company to create, visualize, manage, link, align, collaborate and share its planning data across a supply chain. The platform encompasses demand plan creation, the supply-side response, and detailed operational and tactical-level planning."1
The report evaluated 20 vendors on their ability to execute, which includes core planning capabilities, and completeness of vision, which looks at business model, strategy and innovation. Kinaxis was one of only a few placed in the Leaders quadrant.
Kinaxis was also previously named a Leader in the Gartner Magic Quadrant for Sales and Operations Planning System of Differentiation for delivering comprehensive capabilities that allow companies to increase their maturity levels today and as their businesses evolve.2
Kinaxis continues to invest heavily in supply chain innovation. The company recently introduced the Self-Healing Supply Chain™, built to keep supply chains operating in top health by automatically closing the gap between expected and actual performance. The Self-Healing Supply Chain uses purpose-built machine learning technology to surface complex dependencies and patterns across billions of data elements driving supply chain performance in a practical, easy-to-understand way.
For further information, download the full Magic Quadrant for Supply Chain Planning System of Record report.
1 Gartner, Magic Quadrant for Supply Chain Planning System of Record, A. Salley, T. Payne, A. Pradhan, August 23, 2018.
2 Gartner, Magic Quadrant for Sales and Operations Planning System of Differentiation, T. Payne, May 1, 2017
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.
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.
About Kinaxis Inc.
Offering the industry's only concurrent planning solution, Kinaxis is helping organizations around the world revolutionize their supply chain planning. Kinaxis RapidResponse, our cloud-based supply chain management software, connects your data, processes and people into a single harmonious environment. With a consolidated view of the entire supply chain, you can plan expected performance, monitor progress and respond to disconnects when reality hits. RapidResponse lets you know sooner and act faster, leading to reduced decision latency, and improved operational and financial performance. We can prove it. From implementation to expansion, we help our customers with every step of their supply chain journey.
SOURCE Kinaxis Inc.