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NI to Enhance its Global Supply Chain Operations by Selecting Kinaxis

·3 min read

The high-tech company’s global supply chain to gain transparency through digital transformation

OTTAWA, Ontario, August 08, 2022--(BUSINESS WIRE)--Kinaxis® Inc. (TSX: KXS), the authority in driving agility for fast, confident decision-making in an unpredictable world, has been selected by NI to undergo a digital supply chain transformation, gaining end-to-end visibility and laying the foundation for continued business growth.

NI, headquartered in Austin, Texas, has developed automated test and automated measurement systems for more than 40 years. By leveraging the Kinaxis RapidResponse® platform and concurrent planning technique, NI will enhance the company’s supply chain planning process and supporting technologies, resulting in a more flexible, agile, and resilient supply chain.

"A critical component of the NI growth strategy is targeting segments with powerful growth drivers, including electric and autonomous vehicles, wireless communication, and new space technology. Our highly differentiated technologies and offerings enable our customers to constantly evolve their testing systems to get to market faster," said Adam Rutkovszky, Director of Supply Chain Transformation, NI. "To ensure strong relationships with all of our customers, we are committed to modernizing our supply chain process for timely delivery. The unique capabilities offered by Kinaxis align with our priority to serve our customers with the speed and accuracy required. In return, our business will be more predictable and process efficient."

With Kinaxis, NI will have complete transparency across its supply chain and the ability to balance all aspects of the demand and supply plans instantly and continuously, taking into consideration material restrictions, geographical standards, and market volatility. When changes inevitably occur, the company will be able to run multiple scenarios, simultaneously, removing planner guesswork.

"Global supply chains are complex, and part of our people matter here approach aims to remove repetitive tasks and empower supply chain planners to be better equipped to handle disruption and make impactful business decisions," John Sicard, Kinaxis CEO. "We are thrilled to work with NI and support its supply chain, helping them to continue to innovate and provide solutions to their customers."

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

View source version on businesswire.com: https://www.businesswire.com/news/home/20220808005112/en/

Contacts

Media Relations
Jaime Cook | Kinaxis
jcook@kinaxis.com
289-552-4640

Investor Relations
Rick Wadsworth | Kinaxis
rwadsworth@kinaxis.com
613-907-7613