Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
Canva Businesswoman writing Supply Chain Management SCM concept. e1592564414149 - Business Express
Businesswoman writing Supply Chain Management (SCM) concept.

Kinaxis Acquires MPO to Connect Supply Chain Planning and Real-Time Execution for Perfect Orders


 

Adding Multi-Enterprise Visibility, Order Management, and Transportation Management to extend Kinaxis’ vision for end-to-end concurrent planning

London, UK – 16th August 2022 – Kinaxis® Inc. (TSX: KXS), the leading supply chain management software provider, 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. In a deal that closed on August 15, 2022, Kinaxis acquired all the shares of MPO for approximately $45 million, consisting of approximately 75 percent cash and 25 percent equity consideration. The exact amount of equity consideration will depend on the level of attainment of certain revenue and execution goals over the near term.

“Today’s more complex supply chain networks and higher customer expectations have shown the importance of outside-in thinking and improving the control of material in motion to accelerate and improve decision making. This acquisition will seamlessly activate supply chain concurrency from planning through last-mile execution,” said John Sicard, Kinaxis CEO. “We welcome the MPO team and their customers to the Kinaxis community. Uniting these two innovative platforms delivers end-to-end supply chain concurrency, visibility and knowledge across customers, suppliers, and the entire multienterprise business network.”

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

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. Instead of treating these areas as separated teams, planners will be able to react to disruptions in transportation and dynamically respond, and logistics teams will be able to incorporate the strategic impacts of their execution activities. This full digitisation 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 is to supply chain execution what Kinaxis is to supply chain planning – revolutionising the space by concurrently combining control and visibility of supply chain execution steps across business networks, into a unified cloud platform with one codebase, single user-interface and real-time optimisation in a way no other vendor in the market does,” said Martin Verwijmeren CEO, who co-founded MPO with Paul van Dongen, CTO.

MPO will continue to operate as a standalone company. Sampford Advisors acted as exclusive financial advisors to Kinaxis for this acquisition. Finch Corporate Strategy Services acted as exclusive advisors to MPO.

 

Recent Post: