Kinaxis partners with Deloitte to deliver supply chain solutions
Ottawa-based supply chain and sales and ops software firm Kinaxis has entered into a strategic alliance with Deloitte Consulting. The team will bring digital supply network solutions to the automotive, medical device, and aerospace & defense industries.
Supply chain management software company Kinaxis is a leading force in concurrent supply chain solutions. Older supply chain planning was cascaded, akin to a broken game of telephone where data is siloed, assessments misaligned, and the process is slow and less able to respond to change. Kinaxis’ RapidResponse software instead concurrently manages supply chains, allowing for real time data integrated into a single cloud-based system where processes are faster, more responsive, and easily adaptable to changing plans.
Kinaxis’ supply chain solutions can reduce finished goods inventory by 33%, manufacturing lead times by 20%, and planning cycles by 57%. Gartner placed Kinaxis in its Leadership quadrant for Supply Chain Planning Systems of Record – alongside giants SAP and Oracle – for the third consecutive year.
Founded in 1984 and headquartered in Ottawa, Kinaxis has additional offices in the US, the UK, The Netherlands, Japan, Hong Kong, and South Korea. The firm has approximately 500 employees, and is publically listed on the TSX following its IPO in 2014.Deloitte Consulting has announced that it will be teaming up with the supply chain technology whiz to build digital supply network solutions for the auto, medical device, and aerospace & defense industries.
The solutions will help clients make faster supply chain decisions, enabled by synchronized planning. The solutions will draw on Kinaxis’ concurrent planning software, customized with templates based on Deloitte’s experience with digital supply networks in the targeted industries.
Together, the team will deliver end-to-end digital supply chain transformations with industry-specific best practices and processes. "Operating successfully in today's complex supply chain networks requires a new mindset,” commented Doug Gish, Offering Leader, Supply Chain & Network Operations, Deloitte Consulting LLP. “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."
Deloitte will showcase the joint solutions at their Innovation Labs, providing clients with simulated real-life scenarios to demonstrate the real impacts of integrated planning and end-to-end supply chain visibility.
Commenting on the partnership, Kinaxis CRO Paul Carreiro said, “Strategic Alliances are a key component of the Kinaxis strategic growth strategy… 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."