News Release Details

2013 Proves To Be Another Prosperous Year for Kinaxis

February 12, 2014

Supply Chain Management and Sales and Operations Service Provider Experiences Another Year of Double-Digit Revenue Growth

February 12, 2014

Kinaxis®, provider of RapidResponse®, a cloud-based SCM and S&OP service, announced that 2013 marked another year for market expansion and business growth. Over the last eight years the company has grown revenue sequentially each year, and the momentum continued in 2013, with:

  • Double-digit revenue growth
  • Sustained profitability
  • Significant free cash flow (FCF)

"We continued to drive strong results in 2013,” says Douglas Colbeth, CEO of Kinaxis. “We see that companies, in the vertical markets we serve, are placing a stronger emphasis on end-to-end value chain, which has resulted in continued investments in supply chain management solutions. As we enter 2014, we will continue to invest aggressively in our global channel partnerships and product innovation, to support our planned future growth.”

Business Highlights
Strategic relationships, market expansion and product innovation all contributed to the company’s advancements in 2013. Highlights include:

  • Strengthening Kinaxis partner alliances to drive growth with valuable strategic partnerships and managed service providers
  • Continued territorial growth as witnessed by new customers Nihon Koden in Asia
  • Increasing the presence in key markets and entering new markets, such as the automotive vertical
  • Innovative product enhancements as seen in the latest release with concentrations on strengthening mission critical capabilities, extended supply chain visibility and multi-enterprise collaboration, as well as enhancing business services

Industry Accolades
Recognition of Kinaxis in the marketplace was validated with the following awards “100 Great Supply Chain Projects” by Supply & Demand Chain Executive and the SupplyChainBrain “Great Supply Chain Partners”. In addition, Aahmer Rehman, vice president of industry strategy and solutions, was honored as a “Pro to Know” by Supply & Demand Chain Executive magazine

Kinaxis also received several employer awards, including being named one of “Canada’s Best Small & Medium Employers for 2014”, “Canada's Top Employers for Young People” and was named as one of the “National Capital Region's Top Employers