OTTAWA, May 3, 2016 /CNW/ - Kinaxis® (TSX:KXS), provider of RapidResponse®, delivering cloud-based SCM and S&OP applications today announced a new alliance with Deloitte Consulting LLP in the US to develop supply chain solutions designed to improve the end-to-end supply chain for large enterprises. Deloitte and Kinaxis can help companies improve their ability to create "what-if" scenarios to make informed decisions and respond more quickly to market changes in real-time. In addition, the collaboration aims to provide faster implementations, encourage broader user-adoption across the organization and help to profitably manage the complete value chain.
"Enterprises today need a comprehensive global supply chain strategy coupled with deep industry knowledge and the technology to support the organization's vision," said John Sicard, chief executive officer for Kinaxis. "By teaming with Deloitte, our customers benefit from Deloitte's worldwide presence as well as cross-industry and country-specific supply chain expertise. The alliance between our two organizations will enable supply chain transformations at some of the largest companies in the world."
Deloitte is a recognized leader in supply chain management, providing advisory services that optimize, reinvent and improve the supply chain from end-to-end, including develop, plan, source, make and deliver. Deloitte helps its clients tackle their most complex issues by drawing on global capabilities that span all areas of business strategy and operations.
"With our clients facing changing market demands in supply chain, it's important we provide holistic solutions that bring together leading industry business practices with key technology solutions to improve performance," said Ken Olsen, director, Deloitte Consulting LLP, and supply chain planning market offering leader. "Our integrated Kinaxis solution, with in-memory processing, provides critical capabilities for our clients."
Kinaxis RapidResponse provides a single product that powers the underlying capabilities essential to balancing demand and supply across an enterprise. The cloud-based platform offers a standard foundation on which many business applications — such as supply chain planning, demand management, S&OP, supplier collaboration — can be deployed. With RapidResponse, customers gain a comprehensive view across the global supply chain network to make informed strategic decisions.
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.
Kinaxis is a leading provider of cloud-based subscription software that enables our customers to improve and accelerate analysis and decision-making across their supply chain operations. The supply chain planning and analytics capabilities of our product, RapidResponse, create the foundation for managing multiple, interconnected supply chain management processes. By using the single RapidResponse product instead of combining individual disparate software solutions, our customers gain visibility across their supply chains, can respond quickly to changing conditions, and ultimately realize significant operating efficiencies.
About Deloitte Consulting LLP
Deloitte helps organizations grow their businesses and enhance value by identifying actionable insights. More than 23,000 professionals provide a broad range of capabilities across human capital, strategy and operations, innovation, and technology that are aligned to the particular needs of specific sectors, businesses and organizations. Deloitte provides clients with leading business insights that can help generate a tangible and measurable impact.
SOURCE Kinaxis Inc.
For further information: Media Relations: Melissa Clow, Tel: (613) 592-5780 ext. 5513, [email protected]