Business
Power Integrations Selects Kinaxis for Global Supply Chain Management Leading Semiconductor Technology Innovator to Deploy Concurrent Planning Platform
Power Integrations Selects Kinaxis for Global Supply Chain Management Leading Semiconducto...
About this update from Kinaxis, Inc.
[{"type":"text","content":"\n\n\n\nPower Integrations Selects Kinaxis for Global Supply Chain Management Leading Semiconductor Technology Innovator to Deploy Concurrent Planning Platform\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\nCanada NewsWire\nOTTAWA, March 15, 2018\n\n\n\nOTTAWA, March 15, 2018 /CNW/ - Kinaxis® (TSX:KXS), provider of RapidResponse®, a leading cloud-based supply chain management solution based on concurrent planning, today announced Power Integrations™ (Nasdaq:POWI), will deploy Kinaxis RapidResponse to consolidate planning activities on a single platform.\n\nAs a leading innovator in the development and production of semiconductor technologies, Power Integrations selected RapidResponse and its unique ability to provide end-to-end supply chain visibility, to improve its focus on order and customer fulfillment. Power Integrations recognized the need to manage its supply chain from a global perspective on a unified platform, keeping themselves at the leading edge of systems and processes. \n\n\"Through RapidResponse we will gain the ability to concurrently plan and trial unique scenarios in near-real-time,\" said Power Integrations Vice President of Operations, Raja Petrakian. \"This allows us to more accurately forecast our consumption of inventory based on a variety of demand-based scenarios.\"\n\n\"Concurrent planning is the essential philosophy that is driving the digital transformation of global supply chains,\" said Kinaxis CEO John Sicard. \"With RapidResponse, Power Integrations will be able to 'know sooner and act faster', gaining the ability to run multiple reality-based scenarios to help drive their decision-making process. Power Integrations will gain a better understanding of end-to-end customer fulfillment and the financial impacts of their supply chain planning decisions.\" \n\nRapidResponse will drive Power Integrations' effectiveness through tight integration and alignment of all planning functions, facilitating continuous orchestration of the enterprise's operations performance. RapidResponse dynamically balances supply and demand in...