South Korea’s Pulmuone to deploy RapidResponse to gain visibility into global supply chain
OTTAWA, Ontario, May 9, 2018 /PRNewswire/ — Kinaxis Inc. (TSX:KXS), provider of RapidResponse®, a leading cloud-based supply chain management solution based on concurrent planning, today announced Pulmuone, South Korea’s largest fresh food company and the world’s leading tofu manufacturer, has selected Kinaxis® to manage its global supply chain.
With more than 20 manufacturing facilities serving global markets that include South Korea, Japan, China and the United States, Pulmuone’s corporate mandate to never miss a customer delivery or allow for product to pass an expiry date required revolutionary changes to the company’s supply chain operations. From tofu to bean sprouts and non-fried noodles, expiry dates underscore the essential requirement to balance the company’s supply and demand to deliver the freshest possible products to consumers in a timely manner and in the specific amounts required.
"By partnering with Kinaxis, Pulmuone will realize a truly responsive supply chain management system," said Seunghoon O, Head of SCM Division, Pulmuone. "RapidResponse will provide unique insights into our global supply chain data that will allow us to quickly and intelligently respond to constantly changing environments and sudden increases in customer demand. RapidResponse will have a very positive impact on our business by lowering our operating margins and increasing total sales while creating a better experience for our customers."
Pulmuone also cited the product’s flexible and configurable solutions, a highly intuitive user experience, and the ability to quickly simulate virtually any planning scenario as strong differentiators in the selection of RapidResponse.
"We are very excited to be working with Pulmuone to help revolutionize their global supply chain," said John Sicard, Chief Executive Officer, Kinaxis. "This segment of the consumer packaged goods (CPG) vertical continues to see broad fluctuations in demand due to constantly shifting market preferences, driving the need to rapidly realign and rebalance supply. With the power of concurrent planning, Pulmuone will be able to respond to such changes with speed and accuracy only available through RapidResponse."
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About Kinaxis Inc.
Offering the industry’s only concurrent planning solution, Kinaxis is helping organizations around the world revolutionize their supply chain planning. Kinaxis RapidResponse, our cloud-based supply chain management software, connects your data, processes and people into a single harmonious environment. With a consolidated view of the entire supply chain, you can plan expected performance, monitor progress and respond to disconnects when reality hits. RapidResponse lets you know sooner and act faster, leading to reduced decision latency, and improved operational and financial performance. We can prove it. From implementation to expansion, we help our customers with every step of their supply chain journey.
Media Relations: Mike McAllister | Kinaxis, (613) 552-1607, firstname.lastname@example.org; Investor Relations: Rick Wadsworth | Kinaxis, (613) 907-7613, email@example.com