Leading Networking Security Company to Manage Multiple Supply Chain and S&OP Processes with Cloud Service
OTTAWA, March 5, 2015 /CNW/ - Kinaxis® (TSX:KXS), provider of RapidResponse®, delivering cloud-based SCM and S&OP applications, today announced that Palo Alto Networks, the leader in enterprise security, has selected Kinaxis RapidResponse at the company's operations in North America.
As a growing business, Palo Alto Networks wants to link several business processes in their supply chain to know the cross-functional impacts of decisions before they take action and eliminate uncontrolled spreadsheets in their S&OP process.
To help achieve this kind of advanced visibility, Palo Alto Networks selected RapidResponse to:
- achieve a comprehensive view across the global supply chain network
- understand the impact of demand and supply changes
- drill down to the part level at its contract manufacturers
- perform scenario simulations so that decisions are made in complete consideration of other available alternatives
"As a global and fast-moving company, it is critical that we have a single view of our supply chain," said Vonnie French, vice president, supply chain operations at Palo Alto Networks. "We selected RapidResponse because it is capable of satisfying extensive strategic and operational planning needs."
"We are very pleased to work with this game-changing enterprise security company," said John Sicard, chief products officer at Kinaxis. "RapidResponse will provide Palo Alto Networks the solution they need to drive tangible business outcomes, as they orchestrate the value chain from a single system."
"Bristlecone is a leader in solving supply chain problems using technology enabled process transformation," said Irfan Khan, president and chief executive officer at Bristlecone. "Working closely with Kinaxis and using our deep industry experience, we are excited to lead the RapidResponse implementation to enable Palo Alto Networks to have a single view of their supply chain."
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.
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.
For further information: Media Relations: Melissa Clow, Tel: (613) 592-5780 ext. 5513, MClow@kinaxis.com; Investor Relations: Rob Kelly, TMX Equicom, Tel: (416) 815-0700 ext. 253, RKelly@tmxequicom.com