Kinaxis believes its eighth consecutive time being placed in the
Leaders quadrant reinforces continued delivery of proven business
value for supply chain resiliency and agility
OTTAWA,
ON, May 19, 2022 /CNW/ - Kinaxis® Inc. (TSX:
KXS), the authority in driving agility for fast, confident
decision-making in an unpredictable world, today announced it has
been named a Leader in the 2022 Gartner Magic Quadrant for Supply
Chain Planning Solutions.1 Of the twenty-two vendors
evaluated, Gartner positioned Kinaxis furthest on the Completeness
of Vision axis.. Kinaxis attributes this position to its unique
concurrent planning technique, unrivaled scenario planning, depth
of analytics and automation, intuitive user interface, platform
strategy, and expanding partner program.
A complimentary copy of the report can be downloaded from the
Kinaxis website. This is the eighth consecutive time Kinaxis has
been named a Leader in a Gartner Magic Quadrant related to supply
chain planning. Kinaxis continues its commitment to the craft of
planning through advanced product innovation, unparalleled value
delivered to customers around the world, investment in the supply
chain profession and academic community, and a new unique
RapidStart program to help more companies transition to advanced
planning faster.
"The past two years have exposed both the importance and
weaknesses of supply chains all over the world. There is a growing
recognition that surviving and thriving through unrelenting
uncertainty requires competence in supply chain agility. The path
to achieving that agility requires a move away from legacy cascaded
planning techniques to one that is immersive, all-inclusive,
always-on, and fully concurrent," said John
Sicard, CEO of Kinaxis. "We believe our consistent
recognition as a Leader is an important indicator of our status as
a highly trusted vendor in enabling agility through concurrent
planning for companies of all sizes and maturity levels. Our vision
and continued innovation are redefining how enterprises will plan
and operate over the next decade, including helping them realize
the vital role purpose-driven supply chains play in global
sustainability."
Top-tier manufacturers around the world in aerospace and
defense, automotive, consumer products, high-tech and electronics,
industrial, life sciences and pharmaceuticals, and retail trust
Kinaxis as a valued supply chain partner, including Lockheed
Martin, Ford, Unilever, Novolex, and Viant Medical.
Working with its newly expanded global partner ecosystem,
Kinaxis supports a full range of digital transformation approaches.
With multiple planning applications powered by the single Kinaxis
RapidResponse® platform, companies can choose from highly
personalized transformation journeys to tailorable rapid
deployments with Kinaxis Planning One™. Planning One offers a
concurrent planning foundation package that can be deployed
in-production with RapidStart in as little as 12 weeks with Kinaxis
or a value-added reseller partner. Companies of all sizes can now
transition from disparate point solutions and Excel to advanced
concurrent planning with a low-risk, low-cost starting point to
accelerate value realization.
RapidResponse is a cloud-based software-as-a-service (SaaS)
platform purpose-built for planning and analytics, using patented
in-memory database technology and always-on algorithms. Combined
with Kinaxis' unique concurrent planning technique, RapidResponse
helps global manufacturers gain agile and resilient supply chains
through a suite of ready-to-deploy planning applications
(S&OP/IBP, Demand, Supply, Command & Control Center,
Inventory, Live Lens Insights) optimized with industry best
practice processes, scenario planning, end-to-end internal and
external collaboration, and analytics including the use of AI/ML
across supply and demand. RapidResponse also includes the App
Warehouse for additional partner-powered applications, such as
production scheduling, recycling planning, and transportation
planning. The RapidResponse platform is uniquely extensible to
build, access, or connect to custom applications, algorithms, and
external systems across the supply chain ecosystem.
Gartner defines a "supply chain planning solution as
a platform providing technology support that allows a
company to manage, link, align, collaborate and share its planning
data across an extended supply chain. It supports demand creation
through to the detailed supply-side response and from strategic
through execution-level planning. A supply chain planning (SCP)
solution is the planning decision repository for a defined
end-to-end supply chain and is the environment in which end-to-end
integrated supply chain decisions are managed. It establishes a
single version of the truth for the plan data and decisions,
regardless of the underlying execution
technology environment."
According to Gartner, "Leaders demonstrate strong SCP solution
vision and execution capabilities. They have broad, deep and
differentiated functionality that addresses a broad range of user
requirements. Their coverage across the main categories of planning
capability — configure, optimize, respond and execution visibility
— is good enough, with a good balance across the categories now
and/or planned for the future. Leaders have a reasonable range of
features to support a user's maturity journey. Their
visions for supporting a Level 5 maturity planning environment
align well with Gartner's vision. Leaders anticipate where customer
demands and markets are moving and clearly identify how innovative
technologies can be applied to planning applications. They have
strategies to support these emerging requirements to build a
future-proof SCP solution. Because leaders are typically
well-established in leading-edge complex user environments, they
benefit from a user community that helps them remain in the
forefront of emerging needs and innovation. Leaders exhibit strong
financial performance and viability of their SCP solutions. Leaders
generally have good market penetration as well as broad functional
penetration in their customers. Many customers have deployed a
single instance of the software that is often supporting large
planning models and high supply chain complexity."
For further information, you can access a complimentary copy of
the full Magic Quadrant for Supply Chain Planning Solutions report
here.
Additional resources
- Read about the latest Kinaxis news and activities
- Learn more about Kinaxis RapidResponse
- See Kinaxis' commitment to sustainability
- Find a Kinaxis partner to assist your journey
|
1 Gartner, Magic
Quadrant for Supply Chain Planning Solutions, A. Salley, T. Payne,
P. Orup Lund, J. Suleski, April 22, 2022
|
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About Kinaxis Inc.
Everyday volatility and uncertainty demand quick action.
Kinaxis delivers the agility to make fast, confident decisions
across integrated business planning and the digital supply chain.
People can plan better, live better and change the world. Trusted
by innovative brands, we combine human intelligence with AI and
concurrent planning to help companies plan for any future, monitor
risks and opportunities, and respond at the pace of change. Powered
by an extensible, cloud-based platform, Kinaxis delivers
industry-proven applications so everyone can know sooner, act
faster and remove waste. For more Kinaxis news,
visit Kinaxis.com or follow us
on LinkedIn or Twitter.
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.