AI Online


2013 Proves To Be Another Prosperous Year for Kinaxis

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

Kinaxis®, provider of RapidResponse®, deliveringcloud-based supply chain management (SCM) and sales and operations planning(S&OP) solutions, announced that 2013 marked another year for marketexpansion and business growth. Over the last eight years the company has grownrevenue 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 thevertical markets we serve, are placing a stronger emphasis on end-to-end valuechain, which has resulted in continued investments in supply chain managementsolutions. As we enter 2014, we will continue to invest aggressively in ourglobal channel partnerships and product innovation, to support our plannedfuture growth.”

Business Highlights

Strategic relationships, market expansion and productinnovation all contributed to the company’s advancements in 2013. Highlightsinclude:

      Strengthening Kinaxis partner alliances todrive growth with valuable

        strategicpartnerships and managed service providers

      Continued territorial growth as witnessed bynew customers Nihon Koden

        in Asia

      Increasing the presence in key markets andentering new markets, such as

        theautomotive vertical

      Innovative product enhancements as seen inthe latest release with

       concentrations on strengthening mission critical capabilities, extended

        supplychain visibility and multi-enterprise collaboration, as well as

        enhancingbusiness services

Industry Accolades

      Recognition of Kinaxis in the marketplace wasvalidated with the

        followingawards “100 Great Supply Chain Projects” by Supply & Demand

        ChainExecutive and the SupplyChainBrain “Great Supply Chain Partners”.

        Inaddition, Aamer Rehman, vice president of industry strategy and

        solutions,was honored as a “Pro to Know” by Supply & Demand Chain


      Kinaxis also received several employerawards, including  being named

        one of”Canada’s Best Small & Medium Employers for 2014″, “Canada’sTop

        Employersfor Young People” and was named as one of the “National

        CapitalRegion’s Top Employers”

About Kinaxis

Kinaxis delivers cloud-based S&OP and supply chainsolutions for discrete manufacturers and brand owners with complex supply chainnetworks and volatile business environments. Leaders across multiple industryverticals, including A&D, Automotive, High Tech, Industrial and LifeSciences rely on RapidResponse for concurrent planning, continuous performancemonitoring, and coordinated responses to plan variances across multiple areasof the business. RapidResponse’s configurable service solutions encompass afull spectrum of supply chain related business processes, including suchfunctions as: S&OP, supply planning, capacity planning, demand planning,inventory management, MPS and order fulfillment. As a result, Kinaxis customershave replaced disparate planning and performance management tools and arerealizing significant operations performance breakthroughs in planning cycles,supply chain response times and decision accuracy. From a single product,customers are able to easily model varying supply chain conditions to make bothlong-term and real-time demand and supply balancing decisions quickly,collaboratively, and in line with the shared business objectives of multiplestakeholders.

Previous posts

Next posts

Tue. March 5th, 2024

Share this post