Elida Beauty Conditions its Supply Chain for Success with Kinaxis
OTTAWA, Ontario--(BUSINESS WIRE)--Nov 25, 2024--
Elida Beauty, a renowned distributor of beauty and personal care products, has selected Kinaxis® (TSX:KXS), a global leader in end-to-end supply chain orchestration, to modernize their supply chain operations with foundational planning capabilities.
As a distributor of some of the world’s best-known personal care brands, including Q-Tips, Bedhead and Timotei. Elida Beauty was seeking to implement new systems with a focus on improving customer fulfillment, Elida Beauty will develop a new framework for demand planning, supply planning, and sales and operations planning, resulting in better decision making and collaboration with suppliers.
Genpact, a global professional services and solutions firm and trusted Kinaxis partner, will play a pivotal role in the successful implementation and optimization of the Kinaxis Maestro™ platform. Leveraging its deep expertise in supply chain transformation and digital innovation, Genpact will tailor the platform to meet Elida Beauty’s unique needs, driving faster time-to-value. The scaled implementation will enable a strong foundation for demand and supply planning incorporating industry-leading machine learning and automation capabilities.
“We’re excited to leverage Maestro’s out-of-the-box cloud capabilities,” saidNilendu Sarkar, chief supply chain, R&D & IT officer at Elida Beauty. “With Maestro, we will be able to improve collaboration with our contract manufacturers and have total oversight across the supply chain to ensure service levels are consistently above competitors.”
“As a rapidly evolving and highly competitive industry, beauty and personal care brands require agility and foresight to meet fluctuating consumer needs,” said Mark Morgan, president of commercial operations at Kinaxis. “We’re thrilled to partner with Elida Beauty as they navigate this exciting time of transformation and we’re proud to support their journey in setting new standards for operational excellence.”
To learn more about Kinaxis and its supply chain management solutions, please visit Kinaxis.com.
About Kinaxis
Kinaxis is a global leader in modern supply chain orchestration, powering complex global supply chains and supporting the people who manage them, in service of humanity. Our powerful, AI-infused supply chain orchestration platform, Maestro™ combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain — from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. For more news and information, please visit kinaxis.com or follow us on LinkedIn.
View source version on businesswire.com:https://www.businesswire.com/news/home/20241125981989/en/
CONTACT: Media Relations
Jaime Cook | Kinaxis
jcook@kinaxis.com
+1 289-552-4640
Investor Relations
Rick Wadsworth | Kinaxis
rwadsworth@kinaxis.com
613-907-7613
KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: HOME GOODS OTHER RETAIL SPECIALTY SUPPLY CHAIN MANAGEMENT LOGISTICS/SUPPLY CHAIN MANAGEMENT COSMETICS TRANSPORT RETAIL
SOURCE: Kinaxis Inc.
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