Kinaxis, a provider of supply chain software solutions, and Lippert Components have been named a recipient of Supply & Demand Chain Executive’s SDCE 100 Award for 2019. Supply & Demand Chain Executive has recognized LCI and its partnership with Kinaxis, for its ability to plan with greater visibility, reduce material shortages, improve on-time delivery, and empower collaboration across multiple teams and geographies, according to the publication.
With more than 9,000 team members across 65 facilities around the world and completing more than 60 acquisitions in the past 15 years, LCI needed a supply chain solution that could provide statistical forecasting and consensus demand planning along with supply and scenario planning. The solution also needed to be fast, user-friendly, and agnostic to the enterprise resource planning (ERP) platform.
“We chose Kinaxis as they could provide us with a comprehensive and connected view of LCI’s entire supply chain, which helped us achieve our goals of reducing decision latency and increasing collaboration throughout the organization,” said Kristen LeBaron, director of supply chain at LCI. “This meant instilling an elevated sense of urgency and accountability, viewing the business from the outside-in, and then understanding what the market wants to satisfy the future demand.”
Collaborating with Kinaxis through a five-phased project approach, LCI now has a clear view of the company's demand and supply. Using the Kinaxis RapidResponse platform and its concurrent planning technique, LCI increased monthly inventory turns and improved reporting processes, according to Kinaxis. The project also increased overall productivity, including reducing the monthly planning process from two weeks down to a couple of days.
“The concept of truly connecting all planning activities wouldn’t have been possible without Kinaxis, its experienced and collaborative team, and the support of LCI’s executive leadership and operational teams,” said LeBaron.
“It is an honor to work with Lippert Components to help them move along their supply chain maturity and drive more confident decisions, better business results, and happier customers,” said John Sicard, CEO of Kinaxis. “We are proud to be recognized by Supply & Demand Chain Executive.”