Global medical device company leveraging Kinaxis to gain supply
chain visibility and scenario planning capabilities to better serve
healthcare professionals and patients around the world
OTTAWA, ON, Nov. 19, 2020 /CNW/ - Kinaxis® Inc.
(TSX:KXS), the authority in driving agility for fast, confident
decision-making in an unpredictable world, today announced that
Hollister Incorporated (Hollister) has selected Kinaxis as part of
its larger technology innovation strategy to drive best-in-class
supply chain management across the organization. Using Kinaxis,
Hollister will be able to collapse planning silos to be able to
deliver better on customer commitments and achieve business
outcomes.
Headquartered in Libertyville,
Illinois, Hollister is an independent, employee-owned
company that develops, manufactures, and markets healthcare
products and services worldwide. With manufacturing and
distribution centers on three continents, Hollister has been
serving healthcare professionals and patients for nearly 100 years
— making a difference in the journey of life for people throughout
the global community. In 2019 and 2020, Hollister was ranked #5 on
the Crain's Chicago Business list of Most Innovative Companies.
"At Hollister, our goal is to ensure we fulfill Our Mission to
make life more rewarding and dignified for the people who use our
products and services," said Peter
Smith, Senior Director Global Supply Chain, Hollister
Incorporated. "To do this, we take an innovative approach to
everything we do from product design, to how we orchestrate our
supply chain through our operations to ensure delivery of our
products to patients. We selected Kinaxis RapidResponse because of
its leadership in providing holistic visibility and
scenario-planning to enable us to proactively manage the entire
global supply chain and take action when changes arise to meet
customer needs."
Hollister turned to Kinaxis, in partnership with
mSE Solutions, end-to-end supply chain process optimization
consultants, to connect its supply chain network leveraging
the Kinaxis RapidResponse® platform and concurrent
planning technique. This means everyone is making decisions based
on the same, real-time data and is focused on a balanced scorecard
to achieve business metrics such as revenue, capacity, inventory
and service-level agreements. This connectivity gives Hollister
visibility of its end-to-end supply chain to pre-emptively identify
and manage risk and ensure daily production and capability plans
are feasible and adaptable as changes are made.
"From getting the right products into the hands of patients when
they need them to keeping up with regulations, the life science
supply chain can be as complex as they come, making end-to-end
coordination and orchestration vital to success," said John Sicard, CEO, Kinaxis. "We are honored to be
selected by Hollister to take a future-looking approach to its
supply chain. We can help them leverage industry best practices and
tools to reach their business objectives and make a huge difference
for their customers."
About Hollister Incorporated
Hollister Incorporated
is an independent, employee-owned company that develops,
manufactures, and markets healthcare products worldwide. The
company develops and manufactures products for ostomy care,
continence care and critical care, and also develops educational
support materials for patients and healthcare professionals.
Headquartered in Libertyville,
Illinois, it has manufacturing and distribution centers on
three continents and sells in nearly 80 countries. Hollister is a
wholly owned subsidiary of The Firm of John Dickinson Schneider Inc
(JDS Inc), a nearly 100 year old company. Hollister is guided by
the shared Mission of JDS Inc, to make life more rewarding and
dignified for people who use its products and services.
www.Hollister.com.
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 Inc.