Leader in health and wellness products bringing concurrent planning to its global operations
OTTAWA, Ontario--(BUSINESS WIRE)-- Kinaxis® Inc. (TSX: KXS), the authority in driving agility for fast, confident decision-making in an unpredictable world, announced today that Jamieson Wellness Inc. is using Kinaxis to bring concurrent planning to its supply chain, supporting company growth and helping to achieve its global business objectives.
Headquartered in Toronto, Ontario, Jamieson Wellness is Canada’s leading consumer health brand with its portfolio of innovative natural health brands and variety of VMS products under its Youtheory, Progressive, Smart Solutions, Iron Vegan and Precision brands. Jamieson Wellness is leveraging Kinaxis’ RapidResponse® platform to gain end-to-end visibility and real-time agility needed to react quickly to any disruption.
“Over the last few years, we’ve seen just how volatile supply chains can be when they aren’t equipped with the right tools. As a leader in our industry, we knew we needed to accelerate our supply chain transformation to continue to thrive,” said Andre Teixeira, VP of Global Supply Chain, Jamieson Wellness Inc. “We aligned with Kinaxis and its concurrent planning technique, and we look forward to working with them to increase our service levels, optimize our inventory and gain manufacturing efficiencies.”
With Kinaxis, Jamieson Wellness has the ability to find balance in all aspects of the demand and supply plans, by taking into consideration material constraints, production capacity and market volatility. RapidResponse, provides the ability to run unlimited simulations and collaborate in real-time giving the agility and flexibility needed to react to market volatility and changes in demand.
“Demand for a product can change drastically, and many companies experienced unpredictable change in demand due to the pandemic and since,” said John Sicard, Kinaxis CEO. “The ability to plan, adapt, and react quickly to changes is what will differentiate industry leaders from their peers. We are thrilled to work with Jamieson Wellness and support its digital supply chain journey and helping them gain a more resilient supply chain.”
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
Media Relations
Jaime Cook | Kinaxis
jcook@kinaxis.com
289-552-4640
Investor Relations
Rick Wadsworth | Kinaxis
rwadsworth@kinaxis.com
613-907-7613