Kinaxis Acquires MPO to Connect Supply Chain Planning and Real-Time Execution for Perfect Orders
Summary
OTTAWA, Ontario--(BUSINESS WIRE)--Kinaxis® Inc. (TSX: KXS), the authority in driving agility for fast, confident decision-making in an unpredictable world, announced today that it has acquired MPO, a European headquartered company that offers a unified global cloud-based SaaS platform for multi party orchestration of orders, inventory and transport. Uniting these two innovative platforms delivers end-to-end supply chain concurrency, visibility and knowledge across customers, suppliers, and the entire multi-enterprise business network.” The combination of Kinaxis Rapid Response® planning and MPO’s Multi Party Orchestration execution will uniquely deliver a complete real-time picture of every order across the lifecycle – from planned commitment through ultimate delivery. This full digitization will unlock supply chain agility and resiliency to improve the end-to-end customer experience, sustainability and financial outcomes for manufacturers and brand owners as well as logistics service providers. MPO helps diverse brand owners and logistics service providers embrace the increasing complexity of their global, regional, and domestic supply chains to become more flexible, agile, efficient, reliable, compliant, and sustainable to their customers. 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.
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