Leading Manufacturer to Deploy Cloud Service to Shorten Planning Cycles and Improve Global Inventory Management
OTTAWA, Oct. 8, 2014 /CNW/ - Kinaxis® (TSX:KXS), provider of RapidResponse®, delivering cloud-based SCM and S&OP applications, today announced that Roland DG Corporation, the world's leading manufacturer of wide-format inkjet printers and 3D devices, has deployed Kinaxis RapidResponse at the company's operations in the Americas, Europe and Asia Pacific.
In the coming years, one of Roland DG's objectives is to evolve the organization from a manufacturer of high-performance computer peripherals into a leading source for cutting-edge digital solutions that bring digital data to life. Because of its objective to stay at the forefront of technology innovations, the company's current supply chain and S&OP systems were creating limitations for the team to operate their business efficiently.
Roland DG found that they were making daily decisions on how inventory should be placed and moved without the ability for comprehensive inventory management analysis across its global supply chain. As a result, it is difficult to determine inventory availability, which creates the risk of excess inventory. Furthermore, the shortage of necessary items causes frequent adjustments to demand and supply balancing.
The electronics manufacturing company wanted to manage its supply chain as a single continuous pipeline, from one system, to build an efficient operation with maximum returns and minimum asset utilization. Roland DG selected RapidResponse to replace their current system and move away from heavy planning workloads, long processing times to perform scenario simulations and limited visibility into material constraints. With RapidResponse, the team can dynamically balance supply and demand in response to ever-changing conditions. RapidResponse will be deployed to drive SCM and S&OP effectiveness through improved multi-tier visibility and tight integration and alignment of all planning functions.
"With a central system for multi-tier, multi-enterprise supply chain visibility, planning, analysis, and collaboration, Roland DG's business can concurrently plan, monitor and respond across functions and time ranges to maximize business performance as a whole," said John Sicard, chief products officer. "We are excited to see the benefits the company will realize as Roland DG continues to implement across the organization."
"As we operate the business globally, we want to take full advantage of production and procurement functions at multiple manufacturing points," said Jorge Calvo, Executive Officer, President of Global SCM Division at Roland DG. "We believe RapidResponse gives us the ability to scale and mature our supply chain management and S&OP process to strengthen our competitive position."
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