Global welding, brazing and coating solutions company selects
Kinaxis to organize its supply chain planning under one
platform
OTTAWA,
ON, May 25, 2022 /CNW/ - Kinaxis® Inc.
(TSX: KXS), the authority in driving agility for
fast, confident decision-making in an unpredictable
world, announced today that Castolin Eutectic has selected Kinaxis
to break down silos by integrating concurrent planning and provide
accurate and agile planning capabilities.
Castolin Eutectic established in 1906 is a global company,
specializing in welding, brazing and coating solutions, located in
Kriftel, Germany. With a large
portfolio of products, the company identified the need for advanced
planning systems to support the company's growth and operational
efficiency. Kinaxis RapidResponse® platform will provide Castolin
Eutectic with a suite of applications, providing end to end
visibility, accurate scenario planning and more.
"For the first time Castolin Eutectic is implementing an
integrated planning approach, making us the first of our peers to
select Kinaxis and its concurrent planning solution," said
Tabish Wani, COO of Castolin
Eutectic. "Our expansive list of products makes for complex supply
chain operations, so it made sense for us to organize our planning
under one platform. RapidResponse gives us what our supply chain
needs now to succeed and lays a solid foundation for us to continue
to grow as a company."
"The welding, brazing and coating industry has a long history
filled with experts and people skilled in the craft, much like its
supply chain today. Our role at Kinaxis is to give supply chain
planners the time and resources to focus on the complex decisions,"
said John Sicard, CEO of Kinaxis.
"We are thrilled to be working with Castolin Eutectic to provide
them with the agility, resiliency and insight to continue to focus
on their growth and operational efficiency."
About Kinaxis Inc.
Everyday volatility and uncertainty demand quick action.
Kinaxis® delivers the agility to make fast, confident decisions
across integrated business planning and the digital supply chain.
People can plan better, live better and change the world. Trusted
by innovative brands, we combine human intelligence with AI and
concurrent planning to help companies plan for any future, monitor
risks and opportunities and respond at the pace of change. Powered
by an extensible, cloud-based platform, Kinaxis delivers
industry-proven applications so everyone can know sooner, act
faster and remove waste. For more Kinaxis news, visit Kinaxis.com
or follow us on LinkedIn or Twitter.
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.