OPERATIONS

Weir Group signs up for digital supply chain

UK-based engineering company Weir Group plans to connect its ground engaging tools-focused ESCO division with Canadian supply chain management software company Kinaxis.

Solution will help the company improve forecasting and planning

Solution will help the company improve forecasting and planning

 

Kinaxis said its RapidResponse planning platform will be used by ESCO to create visibility of the supply chain in global sales and operations.

The software gives uses a company-wide view of data to enable what-if scenario analysis to improve forecasting and planning, and reduce inventory obsolescence, said the company.

"In the highly custom, often engineer-to-order landscape of industrial manufacturing, lead times can be long, but not having the right part at the right time can net huge losses," said John Sicard, CEO Kinaxis.

"Using Kinaxis, ESCO will gain the best balance of ready-to-configure applications and a flexible platform that can grow and evolve with the company. We are honored that ESCO selected Kinaxis as their vendor of choice to tackle their increasingly complex supply chain and empower them to better serve customers."

Weir Group acquired ESCO, a provider of ground engaging tools for surface mining and infrastructure, in 2018 for US$1.2 million.

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