OTTAWA, Ontario, Dec. 17, 2014 /PRNewswire/ -- Kinaxis® (TSX:KXS), provider of RapidResponse®, delivering cloud-based SCM and S&OP applications, today announced that ON Semiconductor, a leading semiconductor supplier offering a comprehensive portfolio of energy efficient solutions has selected Kinaxis RapidResponse to effectively manage supply chain processes for the company's operations in North America, Europe and Asia Pacific.
RapidResponse enables a broad base of users to:
- have a comprehensive view across the global supply chain network
- understand the impact of demand and supply changes
- perform rapid scenario simulations so that decisions are made quickly, and in complete consideration of the available alternatives
RapidResponse allows customers to concurrently plan, monitor and respond across functions and time horizons to maximize business performance as a whole. Different actors in all functions and at all levels of supply chain planning have a shared view and common understanding of the current and future state so they can effectively contribute to coordinating an appropriate supply chain response.
"After a competitive evaluation process, we are confident Kinaxis RapidResponse will help us as we make a supply chain paradigm shift," said Dwayne Kelley, Senior Director of Demand Planning at ON Semiconductor. "RapidResponse supports the company's vision for both maturing and integrating our planning processes. We believe this solution provides operational advantages including being able to orchestrate multiple supply chain functions from within a single system, including S&OP, aggregate supply planning, inventory management and capacity planning."
"We are delighted that ON Semiconductor has selected RapidResponse to support their vision for a best in class supply chain," said John Sicard, chief products officer for Kinaxis. "As ON Semiconductor continues to mature and integrate their planning processes, we look forward to supporting them along the way."
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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.
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.
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SOURCE Kinaxis
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