Kinaxis® Inc. (TSX:KXS), provider of RapidResponse®, the recognized leader in digital supply chain management for concurrent planning, today announced it is working with Deloitte Consulting LLP to bring to market solutions to help organizations in the automotive, medical device (life sciences), and aerospace and defense industries realize the benefits of digital supply network transformation faster.
Aimed at helping companies accelerate their transition to a digital supply network, these solutions will be designed to enable faster decision-making with synchronized planning processes, improved productivity and profitability, and increased agility for addressing changing market needs while reducing deployment risks. The joint solutions will leverage unique concurrent supply network planning technology from Kinaxis, layered with pre-configured templates based on Deloitte’s digital supply network experience specifically for the three target industries.
“Companies that are striving to turn their supply networks into strategic assets are looking for business relationships which can deliver an end-to-end transformation spanning business, technology, and industry-specific best practices and processes. At the same time, they’re concerned about shortening the time to value and ensuring rapid adoption,” said Aamer Rehman, Managing Director, Supply Chain & Network Operations, Deloitte Consulting LLP. “The combination of Kinaxis and Deloitte brings together the required ingredients for successful supply chain transformation.”
“Operating successfully in today’s complex supply chain networks requires a new mindset. This initiative will further strengthen Deloitte’s alliance with Kinaxis as we deliver accelerated, long-range economic benefits to our customers in these three sectors,” said Doug Gish, Offering Leader, Supply Chain & Network Operations, Deloitte Consulting LLP.
Helping customers lay the foundation of their digital journey, Deloitte has created Innovation Labs that showcase the joint solutions. Offering a unique approach to the traditional requirements-gathering phase for any new business initiative, the Innovation Labs provide an immersive experience that guides supply chain leaders through a series of simulated real-life scenarios. The simulation provides a first-hand opportunity to validate the value-hypothesis of integrated planning by demonstrating the impact of end-to-end visibility.
“Strategic Alliances are a key component of the Kinaxis strategic growth strategy. What we are launching with Deloitte are innovative, faster-to-deploy solutions that will provide customers with greater end-to-end visibility and accelerate their time to value,” said Paul Carreiro, Chief Revenue Officer, Kinaxis. “We have seen great success working with Deloitte over the last few years. Through the extension of our collaboration, we’re bringing industry-tailored solutions to market that meet real business needs and give our joint customers powerful competitive advantages.”
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.