This morning we put out a press release announcing that Lockheed Martin is deploying Kinaxis RapidResponse to achieve superior supply management. Lockheed Martin chose RapidResponse because the solution will help complement their highly complex supply chain infrastructure in dynamically aligning demand and supply. Lockheed Martin is an SAP shop and they will use the initial deployment of RapidResponse to empower supply chain participants across various functional groups with tools to model ERP/MRP data to instantly simulate, share and score countless “what-if” supply and demand scenarios.
Below is a picture of the F-35 (the full name is the F-35 stealth multi-role international coalition fighter), one of the jets that Lockheed Martin makes (you have to admit, that is one cool looking jet!).
Lockheed Martin Corporation to Implement Kinaxis RapidResponse for Superior Supply Management
Ottawa, Canada, January 29, 2009 – Kinaxis™ Inc., provider of the on-demand RapidResponse service that empowers multi-enterprise manufacturers with the collaborative and integrated demand-supply planning, monitoring, and response capabilities required in today’s complex and dynamic world, today announced that Lockheed Martin Aeronautics Company, Ft. Worth, TX, a business unit of Lockheed Martin Corporation, an aerospace and defense (A&D) industry leader, will deploy the Kinaxis RapidResponse solution.
Lockheed Martin Aeronautics is engaged in the design, research and development, systems integration, production, sustainment, support and upgrade of advanced military aircraft, air vehicles and related technologies. Its customers include various government agencies and the military services of the United States and allied countries around the world. Major products and programs include the F-35 stealth multi-role international coalition fighter; the F-22 air dominance and multi-mission stealth fighter; the F-16 multirole fighter; the C-130J tactical transport aircraft; and the C¬5 strategic airlifter. Lockheed Martin is a major supplier of logistics systems and lifetime support and performance-based logistics services to military and civil government customers. The corporation provides solutions for platform maintenance, modifications and repair, material readiness and distribution, and global supply chain command and control.
Lockheed Martin Aeronautics chose RapidResponse because the solution will help complement their highly complex supply chain infrastructure in dynamically aligning demand and supply. With RapidResponse, a broad base of users are able to access accurate and detailed supply chain information in an easy-to-use spreadsheet interface that is embedded with powerful MRP analytics and automatically populated with live data feeds from ERP and planning systems across the extended enterprise. With the initial deployment of RapidResponse scheduled for early 2Q09, supply chain participants across various functional groups will be able to model ERP/MRP data to instantly simulate, share and score countless “what-if” supply and demand scenarios.
Bob Rearden, Aeronautics Vice President of Supply Chain Integration at Lockheed Martin offers that, ”In the near term, RapidResponse will aid us in prioritizing replenishments as we provision material consumption on the factory floor. Long term, we envision using this tool to enhance our reporting and decision-making capabilities.”
“To compete in the extremely competitive global A&D market, companies must be able to use their inventory and engineering resources efficiently, deliver greater value and be more responsive to their customers’ needs than ever before,” said Randy Littleson, vice president of marketing at Kinaxis. “We are proud that RapidResponse has become a proven solution to a multitude of pressing supply chain management challenges in the A&D market, as it has in other industry verticals.”
Kinaxis™ RapidResponse is a single on-demand service that empowers multi-enterprise manufacturers with collaborative and integrated demand-supply planning, monitoring, and response capabilities. RapidResponse embraces human judgment to enable planners and front-line responders to handle unpredictable changes. Global leaders such as Casio, Honeywell, Jabil, Qualcomm, and Raytheon use RapidResponse to achieve breakthroughs in sales and operations planning (S&OP), demand management, supply management, and supply chain risk management. The results are superior customer service, improved operations performance, and a competitive market advantage. For more information, visit the Kinaxis web site at www.kinaxis.com or the company’s blog at www.21stcenturysupplychain.com.