Creation Technologies Realizing Supply Chain Agility with Kinaxis
Global electronics manufacturer gaining end-to-end visibility to improve customer response times
OTTAWA, Feb. 25, 2019 /CNW/ - Kinaxis® Inc. (TSX: KXS), the leader in empowering people to make confident supply chain decisions, is helping Creation Technologies gain end-to-end visibility of its $500M+ global supply chain, generate fast and accurate what-next planning scenarios and optimize and manage inventories. With a company-wide deployment of Kinaxis RapidResponse® live in four of nine business units, Canadian-headquartered Creation Technologies continues to broadly expand adoption across functions to build on the significant improvements in customer response times and supplier constraint visibility it has already realized.
"It is critical to our success to be able to generate fast and accurate supply and demand planning scenarios to provide timely responses to our customers' requests for product deliveries," said Ana Cantu, Executive VP Supply Chain. "With Kinaxis we can do that and more. With everyone looking at the same data, we now spend our time on things that matter the most, analysis and decisions, instead of gathering and challenging data. We're able to be even better business partners to our customers by passing on additional insights and proposing new solutions that best fit their business needs."
A global provider of end-to-end solutions for original equipment manufacturers (OEMs), Creation helps customers accelerate time-to-market, reduce operating costs and grow revenues. Creation is using Kinaxis to provide a scalable solution that brings together data from nine manufacturing locations, two design centers, a prototyping center and its Oracle enterprise resource planning system (ERP). Kinaxis will also help Creation to standardize its practices across all operations in the United States, Canada, Mexico and China. Additionally, Creation has been rapidly analyzing the impact of supply and demand changes along the entire supply chain, mitigating risk to its growing inventory, increasing revenue realization, automating communications and improving customer and supplier response times.
"With hundreds of customers and thousands of inputs flowing through its supply chain, Creation Technologies needed a solution that allowed them to stay flexible as customer demands evolve, and help to improve responsiveness to customers and suppliers," said John Sicard, CEO of Kinaxis. "The agile Kinaxis planning experience ensures companies like Creation use holistic data to evaluate what-next scenarios, which leads to confident decision-making. We are pleased to see Creation continue to expand its use of Kinaxis across its organization."
About Kinaxis Inc.
Eliminating volatility in your supply chain is impossible, but managing it is not. Trusted by top brands, Kinaxis® gives people the confidence to know they are making the best supply chain planning decisions to maximize business performance. We solve complex business problems in easy-to-understand ways by combining human and machine intelligence to plan for any future, monitor risks and opportunities and respond at the pace of change. With the support of our community of supply chain experts and using our unique concurrent planning technique and single integrated planning platform, customers can realize higher revenue, lower costs and fewer risks. For more Kinaxis news, follow us on LinkedIn, Twitter or Facebook.
Forward-Looking Statements
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.
SOURCE Kinaxis Inc.
Media Relations: Danielle McNeil Taylor | Kinaxis, [email protected], 343-998-7284; Investor Relations, Rick Wadsworth | Kinaxis, [email protected], 613-907-7613
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