News: Quintiq selected by NXP Semiconductors to support supply chain operations
September 9, 2014 - Quintiq, a global leader in supply chain planning and optimization (SCP&O), announced today that it has been selected by NXP Semiconductors (NXP) to optimize its demand planning.
NXP is among the world’s top 20 semiconductor manufacturers and supplies chips to high-tech companies like Apple, Samsung and Siemens. NXP is also a global leader in secure banking and eGovernment deployments. It has operations in over 25 countries.
Quintiq’s Demand Planner software platform will help NXP to reduce data gathering efforts, improve workflow management, monitor forecast accuracy and bias, and adjust inventory levels. The planning solution will centralize all of NXP’s data and enable the company to create plans with greater forecast accuracy. In addition, the solution will give NXP greater visibility into its supply chain, increasing the accuracy of future sales predictions.
Jan Paul Smits, Solution Manager at NXP, said, “Working with Quintiq will improve our entire demand planning workflow from sales input to final consensus forecasting. The proof of concept demonstrated that Quintiq is ideally suited to support the complex supply chain that NXP operates”.
Arjen Heeres, Chief Operating Officer at Quintiq said, “Our selection by NXP Semiconductors affirms our expertise in providing solutions for managing the highly complex supply chains of the electronics industry”.
The new solution from Quintiq is expected to be designed and tested this year at NXP’s headquarters in Eindhoven, the Netherlands, before being rolled out globally.
About NXP Semiconductors NXP Semiconductors N.V. (NASDAQ: NXPI) creates solutions that enable secure connections for a smarter world. Building on its expertise in High Performance Mixed Signal electronics, NXP is driving innovation in the automotive, identification and mobile industries, and in application areas including wireless infrastructure, lighting, healthcare, industrial, consumer tech and computing. NXP has operations in more than 25 countries, and posted revenue of $4.82 billion in 2013. Find out more at www.nxp.com.
About Quintiq Every business has its supply chain planning challenges. Some of those challenges are large. Some are complex. Some seem impossible to solve. Since 1997, Quintiq has been solving each of those challenges with a supply chain planning & optimization software system. Today, approximately 12,000 users in over 80 countries rely on Quintiq software to plan and optimize workforces, logistics and production. Part of Dassault Systèmes (Euronext Paris: #13065, DSY.PA), Quintiq has offices in the Netherlands, the USA and around the world.