Supply Chain Management and Sales and Operations Planning (S&OP) Provider Recognized in Annual List
OTTAWA, May 20, 2014 /CNW/ - Kinaxis®, provider of RapidResponse®, delivering cloud-based SCM and S&OP applications, is proud to announce that it has been selected as one of the 2014 "100 Great Supply Chain Projects" by Supply & Demand Chain Executive. The award recognizes leadership, as a solution or service provider, in assisting the supply chain function move toward supply chain excellence.
Kinaxis was nominated for a customer's sales and operations planning (S&OP) deployment project, which was designed to help increase the robustness of their S&OP analysis, while simultaneously streamlining the process. The supply chain team created a cross-functional, global project to create an integrated supply plan inclusive of its six manufacturing facilities and their EMS suppliers. The deployment and use of RapidResponse has contributed to operations performance improvements, including lower year-over-year inventory levels and a reduction in their overall expedited freight spend by over 50%.
"As part of the S&OP process, the team now has the ability to rapidly simulate multiple supply plans against different demand and supply scenarios," said John Sicard, chief products officer at Kinaxis. "The supply chain management breakthrough comes from being able to concurrently and continuously plan, monitor and respond in a single environment and across S&OP and supply chain functions. We are delighted to once again be recognized by Supply & Demand Chain Executive's Top 100 Great Supply Chain Projects."
"Our readers count on Supply & Demand Chain Executive for intelligence and decision-making information on solutions and best practices for supply chain transformation," said Barry Hochfelder, editor of Supply & Demand Chain Executive. "With this year's Supply & Demand Chain Executive 100, we are featuring '100 Great Supply Chain Projects' that demonstrate the broad spectrum of opportunities for enabling excellence in the supply chain."
All 100 recipients are featured in the cover story of the June 2013 issue of Supply & Demand Chain Executive, as well as online at www.SDCExec.com.
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.
SOURCE: Kinaxis Inc.