Kinaxis Inc. (TSX:KXS), provider of RapidResponse®, a leading cloud-based supply chain management solution based on concurrent planning, today announced Gartner, Inc. has positioned Kinaxis in the Leaders quadrant of its Magic Quadrant for Supply Chain Planning System of Record for the third consecutive time.
With customers and partners across every global region, Kinaxis provides a unique concurrent planning solution for a wide range of verticals—including aerospace and defense, automotive, consumer products, high-tech and electronics, industrial and life sciences.
"We believe our Leader position in Gartner’s Magic Quadrant for Supply Chain Planning System of Record and high level of customer satisfaction validates our ability to empower global businesses to overcome today’s supply chain volatility,” said John Sicard, Chief Executive Officer, Kinaxis. “We continue to help companies at any maturity level improve their supply chain planning agility, speed and efficiency. Our unique concurrent planning technique delivers real-world actionable what-if scenarios and end-to-end visibility and eliminates functional silos. This core difference enables Kinaxis to offer a true single platform solution, one that connects all data, processes and people to unify supply chain management.”
According to Gartner, “an SCP SOR is a platform that enables a company to create, visualize, manage, link, align, collaborate and share its planning data across a supply chain. The platform encompasses demand plan creation, the supply-side response, and detailed operational and tactical-level planning.”1
The report evaluated 20 vendors on their ability to execute, which includes product or service, overall viability, sales execution/pricing, market responsiveness/record, marketing execution, customer experience, and operations, and completeness of vision, which looks at market understanding, marketing strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation, and geographic strategy. Kinaxis was placed furthest on the completeness of vision axis in the Leaders quadrant.
Kinaxis continues to invest heavily in supply chain innovation. The company recently introduced the Self-Healing Supply Chain™, built to keep supply chains operating in top health by automatically closing the gap between expected and actual performance. The Self-Healing Supply Chain uses purpose-built machine learning technology to surface complex dependencies and patterns across billions of data elements driving supply chain performance in a practical, easy-to-understand way.
[1] Gartner, Payne, Tim, Pradhan, Alex, & Salley, Amber, Magic Quadrant for Supply Chain Planning System of Record, 21 August 2018
Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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.
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