Business
Kinaxis and Wahupa Partner to Help Companies Navigate Inventory Complexity Through Disruptions
Kinaxis and Wahupa Partner to Help Companies Navigate Inventory Complexity Through Disrup...
About this update from Kinaxis, Inc.
[{"type":"text","content":"\n \n \n \n Kinaxis and Wahupa Partner to Help Companies Navigate Inventory Complexity Through Disruptions\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n Combining Wahupa's probabilistic multi-echelon inventory optimization and the Kinaxis concurrent planning platform to maximize inventory efficiencies and customer service\n \n \n \n \n OTTAWA, ON\n \n \n ,\n \n \n May 9, 2022\n \n \n /CNW/ -\n \n Kinaxis\n \n ® Inc. (TSX: KXS), the authority in driving agility for fast,\n \n confident decision-making\n \n in an unpredictable world, and\n \n Wahupa\n \n LLC, the company that delivers probabilistic planning solutions, today announced a partnership that combines the resiliency planning of Wahupa and the agility of Kinaxis to take inventory planning to the next level.\n \n \n The partnership will bring Wahupa's probabilistic multi-echelon inventory optimization (MEIO) to the Kinaxis RapidResponse® platform to help companies maximize service levels and lower costs. The new MEIO application will calculate optimal inventory targets and safety stock settings through market-driven service planning, helping companies reach their strategic, financial, and service goals while removing waste from their supply chain. When combined with Kinaxis what-if scenarios, companies can simulate various strategies, such as network streamlining and portfolio rationalization, to predict outcomes before choosing the optimal approach. The result will be an inventory plan that optimizes across product mix, inventory tiers, and production stages, while considering physical and monetary constraints.\n \n \n \"Traditional approaches to inventory planning assume that everything is known, precise and exact, so any type of volatility can cause chaos. With our probabilistic approach, we help organizations quantify this uncertainty so they can create plans that take into account these variables,\" said\n \n Stefan de Kok\n \n , CEO of Wahupa. \"Partnering with Kinaxis allows us to realize our mission to minimize waste and margin erosion at a scale th...