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KXS Kinaxis Inc

150.21
0.65 (0.43%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Kinaxis Inc TSX:KXS Toronto Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.65 0.43% 150.21 149.84 150.96 151.19 149.60 149.67 32,548 21:12:22

Kinaxis RapidResponse Named Among Top 100 Great Supply Chain Projects

22/05/2015 4:00pm

PR Newswire (US)


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Customer Nomination Leads to Recognition of RapidResponse in Supply & Demand Chain Executive's Annual List

OTTAWA, May 22, 2015 /PRNewswire/ - Kinaxis®, provider of RapidResponse®, delivering cloud-based SCM and S&OP applications, has once again been selected as one of the 2015 "100 Great Supply Chain Projects" by Supply & Demand Chain Executive. The award recognizes solution or service providers who demonstrate leadership in assisting customers achieve supply chain excellence.

Kinaxis was nominated for the impact RapidResponse had on a customer's five-phase supply chain transformation journey, whereby, the customer saw their on-time ship rate jump from 86% to 94%, their past due revenue decrease from $42M to $10M and their employee engagement scores increase by 57%.

"With a clear vision, executive leadership and a strong process approach on the part of the customer, RapidResponse helped support an incredible evolution that not only redefined how the supply chain was managed, but also the role and value of the individual contributors," said John Sicard, chief products officer at Kinaxis. "We are delighted to once again be recognized by Supply & Demand Chain Executive as one of the Top 100 Great Supply Chain Projects and are always honored to successfully support our customers in achieving supply chain excellence."

"Our goal with this year's '100' is to put the spotlight on successful and innovative transformation projects that are delivering bottom-line value to small, medium and large enterprises across the different functions that comprise the supply chain," said Barry Hochfelder, editor of Supply & Demand Chain Executive. "The projects featured in the article can serve as a roadmap for supply chain executives looking for new opportunities to drive improvement in their own operations."

All 100 recipients are featured in the cover story of the June 2015 issue of Supply & Demand Chain Executive, as well as online at www.SDCExec.com.

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About Kinaxis

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.

Copyright 2015 PR Newswire

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