Global leader in motion products to upgrade planning for digital transformation
OTTAWA, July 16, 2019 /CNW/ - Kinaxis® Inc. (TSX: KXS), the leader in empowering people to make confident supply chain decisions, today announced that Johnson Electric has chosen Kinaxis to upgrade its end-to-end planning as a key part of their digital transformation strategy.
Johnson Electric is a global leader in motion systems and motors, providing its customers with support from new product introduction through to mature high volume production. With 38,000 people and shipping products to more than 30 countries around the world, Johnson Electric needed a scalable and collaborative supply chain management solution to support its assurance of supply commitments.
"We make our global customers successful by providing technology leadership and being their safe choice supplier," said Jim Dick, Chief Information Officer at Johnson Electric. "We selected Kinaxis because of their strong position and success in the manufacturing industry."
With Kinaxis and its unique concurrent planning technique, Johnson Electric will be able to improve visibility, control and planning. This gives everyone in their demand and supply network access to the same data set and collaboration tools for scenario simulation to immediately see the effect of changes throughout the supply chain.
"When you are responsible for not only your own supply chain but also the supply chains of your customers, you need to have a decision support solution you trust to deliver results," said John Sicard, CEO of Kinaxis. "Leveraging the benefits of a single platform means the entire Johnson Electric supply chain will be in sync, providing all users with the same version of the truth to help make confident business decisions and execute faster. We welcome them into our growing community of industrial manufacturing customers."
Johnson Electric will deploy a full suite of Kinaxis applications including supply, demand, inventory, and sales and operations planning to build a foundation for integrated business planning now and allow the company to seamlessly take advantage of the machine learning capabilities of the Self-Healing Supply Chain™.
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.