Supply Chain
Business Wire | October 27, 2023
ProvisionAI, the only provider of a patented, optimized replenishment transportation scheduling solution, has joined the Kinaxis solution extension partner program. Through this partnership, joint customers can now extend the visibility and agility gained from the Kinaxis RapidResponse® platform, and its patented concurrent technique, into their transportation scheduling needs; in effect, eliminating latency and siloes.
“The combination of RapidResponse and LevelLoad from ProvisionAI means customers can combine data from their whole network with their transportation data in real time,” said Tom Moore, CEO and founder at ProvisionAI. “By understanding real-time constraints from other parts of the supply chain, customers can create the most up-to-date replenishment transportation schedule that also takes into account lane carrier costs, warehouse capacities and inventory availability. It’s a game changer in supply chain management.”
Kinaxis and ProvisionAI already share several high-profile global customers including Unilever, Diageo, Baxter and Kimberly-Clark.
“Our solution extension partners are vital in the Kinaxis ecosystem, bringing unique and specialized capabilities to our customers,” said Conrad Mandala, senior vice president global partner organization at Kinaxis. “We are thrilled to welcome ProvisionAI to our global partner program and very excited to about what we’ll accomplish together.”
About Kinaxis
Kinaxis is the global leader in modern supply chain management. We serve supply chains and the people who manage them in service of humanity. Our software is trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. We combine our patented concurrency technique with a human-centered approach to AI to empower businesses of all sizes to orchestrate their end-to-end supply chain network, from multi-year strategic planning through down-to-the-second execution and last-mile delivery. For more news and information, please visit kinaxis.com or follow us on LinkedIn.
About ProvisionAI
ProvisionAI provides global manufacturers with a transportation scheduling solution featuring optimized, capacity-constrained replenishment. LevelLoad, the flagship offering, attains long-term transportation planning objectives despite the realities of supply chain network constraints. The results include fuller loads, higher use of preferred freight carriers, and overall lower costs. Clients save millions by tendering loads early to reserve preferred carriers, filling truckloads optimally to minimize wasted capacity, improving customer order fulfillment, and ratcheting down costs. The patented technology was developed over five years by a team of logistics optimization experts that studied shippers like Unilever, Baxter, P&G, and Kimberly-Clark.
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Supply Chain
Trimble Inc | November 08, 2023
Ferguson joins Trimble Supplier Xchange, streamlining the construction supply chain.
Trimble's Supplier Xchange handles 10,000+ digital connections, 18B in monthly quotes.
This integration automates pricing info to purchase orders, reducing errors and streamlining workflows.
Trimble, a leading technology, software, and services solutions provider for the architecture, engineering, and construction (AEC) industry, and Ferguson have recently announced a significant development in the construction supply chain. Ferguson locations nationwide have officially joined the Trimble Supplier Xchange digital pricing and procurement network. This development marks a pivotal step and further digitalizes and streamlines construction supply chain operations, benefiting both mechanical and commercial customers. Furthermore, it enhances efficiency between construction teams and their most crucial business partners.
Trimble's Supplier Xchange network currently facilitates over 10,000 digital connections between specialty subcontractors and their preferred suppliers. It handles an impressive average of 130,000 quote requests every month, with an average total value of USD 18 billion per month.
The integration between Ferguson and Supplier Xchange enables contractors to access up-to-date, contracted pricing information and seamlessly convert it into a purchase order (PO). This PO flows directly into the contractor's Enterprise Resource Planning (ERP) system, ensuring that the order is placed and financially accounted for in the ERP system without delay. This streamlined process significantly reduces the time required and minimizes errors typically associated with manual data entry, thanks to the automatic synchronization of the purchase order.
By becoming a part of the Supplier Xchange network, Ferguson, a prominent commercial mechanical distributor in the United States, is proactively addressing the common pain points faced by contractors in their day-to-day workflows.
Tom Sullivan, Commercial Construction Services and Technology Director at Ferguson highlighted that prioritizing digital connections with their customers was of utmost importance. He explained that as their customers are increasingly looking for ways to cut costs and enhance efficiency, accuracy, and timeliness, Supplier Xchange would empower them to offer real-time customer-specific information. This would effectively reduce the manual processes and time needed in the workflows related to estimating, Virtual Design and Construction (VDC), purchasing, project management, and accounting.
The official announcement took place at Trimble Dimensions 2023, where both Ferguson and Trimble are showcasing the Supplier Xchange network.
Trimble Construction Management Solutions' Vice President and General Manager Lawrence Smith emphasized that it had never been more crucial to integrate technology solutions to enhance the speed, accuracy, and seamlessness of information sharing across the construction supply chain. He stated that the data collaboration between Ferguson and Trimble was delivering increased efficiency, precision, and swiftness in their customers' workflows, encompassing estimating, procurement, purchasing, accounting, and project management.
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Supply Chain
PR Newswire | November 03, 2023
Baxter Planning, the leading provider of Service Parts Management technology, today announced that Siemens Healthineers, a leading medical technology company, has selected Baxter Planning as their long-term Service Supply Chain partner. Siemens Healthineers will be leveraging Baxter Planning's BaxterPredict, an end-to-end predictive platform to support the global Service Supply Chain at Siemens Healthineers Customer Services.
After an extensive evaluation, Siemens Healthineers selected Baxter Planning based on their leading Service Parts Planning solution and domain expertise. Through Baxter's advanced support system and Center of Excellence (CoE), their customers have access to professional input from the most qualified experts in the space, earning Baxter Planning the tagline, "Your Partners in Planning" and multiple industry awards.
Another feature that set Baxter Planning apart for Siemens Healthineers is BaxterPredict's Total Cost Optimization capability, which enables companies to plan for low volume, intermittent demand patterns, ensuring the right mix of parts are stocked at the correct location.
Healthcare Service Business is also a space where emergency situations demand partners like Siemens Healthineers to act fast, with the potential to result in excess shipping expenses. BaxterPredict's Automated Replenishment will help them minimize freight shipping costs and burn down excess inventory throughout their global Service Supply Chain with a replenishment strategy that prioritizes stocking from the smartest location. To help Siemens Healthineers reach even more of a strategic edge, Installed Based Planning can allow them to plan according to the growth or decline of their equipment base and highlight critical client contracts for enhanced coverage. With this dynamic feature, they will be able to drive better service levels and higher first-time fix rates for technician visits, improving service operations, and enhancing the customer Net-Promoter-Score.
Operating in more than 70 countries, 90% of leading hospitals work with Siemens Healthineers around the globe to support their patients. With over 15,000 granted patents, Siemens Healthineers is focused on pioneering breakthroughs in healthcare and delivering world-class support to their clients.
"With such a sprawling operation, our requirements can get too complicated for most planning platforms quite quickly. We needed a powerful, dynamic solution that gives us actionable insights based on a massive amount of data, and we found that in BaxterPredict", stated Klaus Rueth, Senior Vice President, Customer Service Managed Logistics, Siemens Healthineers.
"BaxterPredict is becoming an industry standard in the medical technology field, which is exciting because of the huge impact medical technologies can have on individuals' lives. I believe our partnership with Siemens Healthineers will help improve healthcare as a whole and bring life-preserving efficiency to emergency situations," added Mårten Gustafsson, Chief Revenue Officer, Baxter Planning.
The Baxter Planning Predictive Service Supply Chain Platform solution connects disparate workflows and teams with predictive insights that drive significant productivity gains, cost savings, and customer satisfaction.
This new, predictive approach to inventory planning, demand forecasting, product-lifecycle planning, operations-workflow monitoring, reverse logistics, and customer-escalation management unlocks significant new value for Service Supply Chain organizations.
About Baxter Planning
Baxter Planning is the world leader in Service Parts Management technology. Global customers rely on their software to better manage their service supply chain. The company's BaxterPredict™ end-to-end predictive platform transforms Service Supply Chain management, driving cost reduction, resiliency, optimization, and end-to-end visibility control, reducing inventory, logistics, and operations costs, while helping customers improve services revenue and better manage service outcomes. Customers using Baxter Planning's software manage $11B in inventory across 35,000 locations in 120 countries.
Baxter Planning is a portfolio company of Polaris Partners, a private investment firm with offices in Boston, San Francisco, and New York.
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