Kinaxis Names Ronald A. Matricaria, Life Sciences Advisor, to its Board of Directors Supply Chain Management and Sales and Operations Service Provider Deepens Expertise with Former Chairman of the Board and CEO of St. Jude Medical
OTTAWA, Ontario, March 11, 2014 /PRNewswire/ -- Kinaxis®, provider of RapidResponse®, a cloud-based SCM and S&OP service, today announced the appointment of Mr. Ronald A. Matricaria to its board of directors. The addition of Matricaria adds deeper industry expertise in life sciences, a market that has seen continued growth for Kinaxis.
Mr. Matricaria has over 35 years of medical device and pharmaceutical experience at St. Jude Medical, Inc. and Eli Lilly and Company Inc. He currently is chairman of the board at Volcano Corporation Inc., a medical device company; is a member of the board at Phoenix Children's Hospital; and, most recently served on the board of directors of Life Technologies Corporation, a life sciences company that was recently acquired by Thermo Fisher Scientific for over $13 billion.
"I am excited to join the Kinaxis board of directors," said Ronald A. Matricaria. "As many life sciences' companies are placing a stronger emphasis on end-to-end value chain performance, I believe Kinaxis fills a critical supply chain planning technology gap. As multiple life sciences market segments mature, I believe the focus on supply chain efficiency and effectiveness will continue to gain momentum. It is a pleasure to join an innovative software as a service (SaaS) company with an experienced management team and board of directors."
"Kinaxis is extremely pleased to have Ronald A. Matricaria join our board," said Douglas Colbeth, CEO of Kinaxis. "He has helped build many high growth enterprises in the life sciences industry both as a CEO and board member. His extensive history in this industry is incredibly valuable and also timely, as Kinaxis continues to expand its presence in this important vertical market."
Life sciences companies are faced with a fragmented demand chain with varying regulatory requirements across markets, while employing outsourcing at all levels of the supply chain to reduce costs, satisfy local demand, and enhance capacity flexibility. Needing to deliver to diverse customer requirements while coordinating an extended supply chain in an environment of constant change is the current reality for life sciences companies. As industry dynamics intensify, this has had a direct and material impact on the way supply chains must operate. There is growing evidence that existing technology architectures are not satisfying the emerging capability needs. Kinaxis has helped life science companies adopt process improvements and technology targeted at removing business "silos," improving collaboration, and achieving significant operations performance breakthroughs. Find out more about RapidResponse for life sciences at: http://kinax.is/pharm.
Mr. Matricaria has served on the board of a number of public and private companies including Home Depot Inc., Diametric Medical Inc., Ceridian Inc., Centocor Inc., Haemonetics Inc., Kinetic Concepts Inc., Hospira Inc., Cyberonics Inc., Vistacare Inc., Advanced Medical Technology Association (AdvaMed), the Pharmaceutical Manufacturers Association International Section, the American Diabetes Association, the American Foundation for Pharmaceutical Education, the National Foundation for Infectious Diseases, the National Retiree Volunteer Center and the Indiana Repertory Theatre as well as a trustee on the board of the Massachusetts College of Pharmacy and Allied Health Science. He also chaired the BioMedical Engineering Institute campaign, which raised an operating endowment for the Institute at the University of Minnesota. He remains a Trustee emeritus of the University of Minnesota Foundation.
Kinaxis delivers cloud-based S&OP and supply chain solutions for discrete manufacturers and brand owners with complex supply chain networks and volatile business environments. Leaders across multiple industry verticals, including A&D, Automotive, High Tech, Industrial and Life Sciences rely on RapidResponse for concurrent planning, continuous performance monitoring, and coordinated responses to plan variances across multiple areas of the business. RapidResponse's configurable service solutions encompass a full spectrum of supply chain related business processes, including such functions as: S&OP, supply planning, capacity planning, demand planning, inventory management, MPS and order fulfillment. As a result, Kinaxis customers have replaced disparate planning and performance management tools and are realizing significant operations performance breakthroughs in planning cycles, supply chain response times and decision accuracy. From a single product, customers are able to easily model varying supply chain conditions to make both long-term and real-time demand and supply balancing decisions quickly, collaboratively, and in line with the shared business objectives of multiple stakeholders.