Kinaxis to provide supply chain services for Toyota Group
Supply chain management specialist Kinaxis Inc., provider of RapidResponse has won a contract from Toyota Motor Corporation to manage its automotive demand and supply chain processes.
Toyota will replace its manual planning systems with RapidResponse to unify the company’s global demand and supply planning between its sales and production divisions, and to help better manage vehicle and unit volume.
“We are looking forward to working with Kinaxis to optimise inventory and enable more flexible responses to customer demand,” said Iwao Nakano, General Manager Corporate IT Division at Toyota.
“RapidResponse will help us unify sales and production and will become the foundation upon which we can continue to realise improvement in demand and supply planning.”
John Sicard, Chief Executive Officer, Kinaxis, commented: “We are excited to help drive breakthrough results for one of the world’s most prestigious brands.
“With a proven track record of increasing supply chain efficiencies for automotive manufacturers, we’re looking forward to deploying our revolutionary cloud-based concurrent planning platform to help Toyota instantly create what-if scenarios and better understand the impact of various supply change management strategies to create positive outcomes.”