TIE Kinetix (Euronext Amsterdam: TIE), today announced a contract with Bunzl, a large European distributor of non-food consumable products, to provide a Europe wide platform for Bunzl to manage and optimize their supply chain business using TIE Kinetix EDI Solutions.

TIE Kinetix customers on average still only exchange about 30% of their documents fully automatically. That means customers miss great cost saving opportunities. Recognizing this opportunity Bunzl is dedicated to make the next step and moves to optimize its digital supply chain. For large international organizations, like Bunzl, it is important for its trading community to be connected 24/7 without downtime and with the best security in place.

TIE Kinetix offers a wide range of SaaS (Software as a Service) based solutions for Business-to-Business Integration that helps automate the exchange of data between companies, providing huge saving in time and money. TIE Kinetix is ISO27001:2013 certified and carefully selects its certified datacenter partners for their services. This next phase offers Bunzl the continuous monitoring by a team of skilled experts year round to make sure processes keep running. Additionally, the environment is compliant with the latest complex global standards, emerging technologies and cloud infrastructure. Bunzl will upgrade and outsource its EDI software to TIE Kinetix latest state of the art EDI solutions.

TIE Kinetix sets itself apart as the solution provider that focuses on serving the entire supply chain, including the large retailers and the long tail of the supply chain. The solution is easy-to-use and fully automated to help customers free up time for core activities, lower costs and optimize their processes to grow their digital supply chain.

Jan Sundelin, CEO of TIE Kinetix said: “We are proud with our partnership with Bunzl. This shows the high dependence of large organizations like Bunzl on our Integration solutions. Complicated infrastructure and loss of transaction documents and data are taken care of. This allows every major organization in the distribution market to operate at its absolute best at any moment and in any situation.”

Tie EUR 7,001 onv. vol. 1