Kinaxis Corporation

Kinaxis Corporation

May 16, 2006 08:00 ET

Viasystems Group Deploys Kinaxis RapidResponse to Drive Response Management Across Global Operations and Supply Chain

OTTAWA, CANADA--(CCNMatthews - May 16, 2006) -

Solution Increases Customer Service while Decreasing Excess and Obsolete Inventory Levels and Freeing up Cash

Kinaxis™ Inc., a provider of a Response Management solution that drives operations performance management by enabling brand owners and manufacturers to rapidly respond to change, today announced that Viasystems Group has successfully deployed Kinaxis RapidResponse™.

Viasystems Group Inc. is a leading worldwide independent provider of world-class printed circuit board (PCB) and electro-mechanical manufacturing and assembly solutions, primarily for the automotive, telecommunications, computer and data, industrial, instrumentation and consumer industries. Viasystems products and services consist of: the design and fabrication of printed circuit boards; the manufacture of custom-designed back panel assemblies; the design and manufacture of wire harnesses, custom cable assemblies for thermal management equipment, and a wide range of electromechanical enclosure systems.

As a global PCB and EMS provider, Viasystems must balance flexibility to meet changing customer requirements within very short lead-times with cost management to ensure profitable operations. Viasystems needed a tool to assist in supply chain management and responsiveness to their customers constantly changing needs. In addition, excess and obsolete (E&O) inventory is always a potential problem. RapidResponse not only identifies what is on hand, but also what is on order so E&O can be dealt with before it even arrives. At the sites where RapidResponse has been deployed, E&O has reduced significantly.

"Inventory is a key risk for any EMS provider given the volatile nature of the industry", said Dan Smith, materials manager at Viasystems. "RapidResponse helps us take a more proactive approach to managing our operations, enabling us to reduce inventory risk while at the same time increasing our agility to meet changing customer demands."

RapidResponse delivers innovative technology that enables manufacturers to anticipate potential problems, instantly review multiple action alternatives, and align operations to rapidly and effectively respond to changes.

"The market today requires EMS providers to be highly responsive while being ever more flexible in meeting customer requirements", said Randy Littleson, vice president of marketing at Kinaxis. "Leading companies are making strategic investments in Response Management to complement their planning and execution systems and allow them to better manage at the moment."

RapidResponse is currently being used at Viasystems' plants in Mexico and China with plans to add additional sites on a global basis.

About Kinaxis

Kinaxis stands alone in delivering an on-demand Response Management service that drives operations performance management for brand owners and contract manufacturers. RapidResponse extends beyond supply chain planning systems to enable global leaders such as Casio, Coty, Honeywell, Jabil Circuit, Raytheon and Benchmark to access real-time information; quickly collaborate to reach optimal decisions that align with corporate objectives; and rapidly drive effective action when faced with constant changes.

Copyright (C) 2006 Kinaxis Inc. All rights reserved. Kinaxis, the Kinaxis logo, RapidResponse, on-demand RapidResponse service, Active Spreadsheets, AlwaysOn Analytics, RapidResponse Live Scorecard, and Resolution Engine are trademarks of Kinaxis Inc. All other brands and product names are trademarks or registered trademarks of their respective companies.

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