03:58:17 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Kinaxis Inc
Symbol KXS
Shares Issued 28,278,081
Close 2023-05-15 C$ 186.10
Market Cap C$ 5,262,550,874
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Kinaxis to provide RapidResponse to CSR

2023-05-16 09:52 ET - News Release

Mr. John Sicard reports

CSR SELECTS KINAXIS FOR CONCURRENT SUPPLY CHAIN PLANNING SOLUTIONS

CSR, one of the leading building products in Australia and New Zealand, has selected Kinaxis Inc. to drive accuracy and transparency across its supply chain and ensure it is prepared for the unexpected.

CSR is the name behind some of the market's most trusted and recognized brand names in providing building products for residential and commercial construction in Australia, including Gyprock plasterboard, Bradford insulation, Cemintel fibre cement, Hebel autoclaved aerated concrete panels, PGH bricks, Monier roof tiles and AFS walling systems. CSR operates low-cost manufacturing facilities and has a strong distribution network to service its customers across Australia and New Zealand.

The Kinaxis RapidResponse platform offers a solution for realigning, consolidating and optimizing global supply chain activities for maximum flexibility and faster decision-making. CSR selected Kinaxis, in partnership with Argon & Co., a global management consultancy specializing in operations strategy, to transform its supply chain capability.

"RapidResponse will be a key part of our large-scale transformational change," said Cameron Webb, executive general manager, transformation, technology and digital, at CSR Ltd. "The current volatility and global supply chain disruptions require an integrated view to enable quick decision-making."

"Working together with CSR to achieve their transformation objectives, we bring a combination of deep technical expertise and operational experience to this engagement," said Argon & Co. partner ANZ's David Bissett. "Partnered with Kinaxis, we look forward to supporting CSR through this operational transformation which we believe will lead to substantial improvements in efficiency, visibility and decision-making."

With more than 40 current customers with operations in Australia, Kinaxis welcomes CSR as the first Australia-based corporation to join the record number of companies selecting Kinaxis for supply chain planning and optimization, which ultimately reduces waste in the supply chain.

"CSR is already a leader in sustainability efforts. Using RapidResponse to help them identify more efficient routes and delivery options for forward and reverse logistics with real-time scenario planning will cut carbon emissions even more," said John Sicard, chief executive officer at Kinaxis. "We are excited to work with the world's leading companies, like CSR, who are committed to supply chain sustainability."

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, the company combines human intelligence with artificial intelligence 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.

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