Business
Kinaxis to Provide Supply Chain Management Solutions for Samsung Electronics
Kinaxis to Provide Supply Chain Management Solutions for Samsung Electronics Kinax...
About this update from Kinaxis, Inc.
[{"type":"text","content":"\n\n\n\n\nKinaxis to Provide Supply Chain Management Solutions for Samsung Electronics\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\nKinaxis to Provide Supply Chain Management Solutions for Samsung Electronics\nCanada NewsWire\nOTTAWA, ON and Suwon, South Korea, July 27, 2016\n\n\n\nLeading Tech Company Gains Next Generation Supply Chain Management Software\n\n\n\nOTTAWA, ON and Suwon, South Korea, July 27, 2016 /CNW/ - Kinaxis® (TSX:KXS), provider of RapidResponse®, delivering cloud-based SCM and S&OP applications, today announced that Samsung Electronics has selected Kinaxis RapidResponse as their supply chain planning solution.\n\nHeadquartered in Suwon, South Korea, Samsung Electronics employs more than 319,000 people in 84 countries. Due to the company's global operations and broad product portfolio, Samsung is constantly looking for ways to create efficiencies within its supply chain. RapidResponse will be deployed to drive supply chain management and sales and operations planning effectiveness through tight integration and alignment of all planning functions, which will help streamline efficiencies.\n\n\"We know that having the right technology to plan concurrently, run multiple simulations and drive collaborative planning, will allow Samsung's business segments to improve delivery, reduce customer lead times, and respond even more quickly to the rapidly changing market,\" said Wan goo Gee, global head of Operation, Samsung. \"By utilizing RapidResponse we can get closer to our goal of a more efficient, next generation supply chain.\"\n\n\"Kinaxis is thrilled to have earned the trust and confidence of Samsung, one of the world's largest consumer electronics companies,\" said John Sicard, chief executive officer at Kinaxis. \"This partnership will leverage our 2016 growth investments which included building on our existing success in the Asia Pacific market through the establishment of an Asian-based data center to support our expansion in the region. We look forward to collaborating closely with Samsung's talented organization and being a key ...