Kinaxis & ExxonMobil Team Up for Next-Gen Oil & Gas Supply Chain Management
ARC Analyst Larry O'Brien has published a report on ARC's Client Portal, revealing a significant collaboration between Kinaxis and ExxonMobil. The two companies are working together to create a next-generation, comprehensive supply chain management solution tailored to the oil and gas industry.
The oil and gas supply chain is notoriously complex, with varying regulatory and safety requirements across different regions. Disruptions are common due to global economic policies, cyber-attacks, and geopolitical tensions. Historically, the industry has relied on customized or semi-customized solutions due to the scarcity of advanced planning systems. However, this collaboration aims to change that.
Kinaxis and Exxon are working together to digitalize various sectors of Exxon's business using Kinaxis's Maestro software. This will enhance planning and decision-making, providing a unified view of the supply chain. The goal is to share tailored supply chain management solutions, improving resilience and enabling swift responses to disruptions. This is particularly important as supply chain disruptions can have serious consequences for end users.
The collaboration between Kinaxis and ExxonMobil is set to transform the oil and gas industry's approach to supply chain management. By leveraging advanced software and digitalization, they aim to create a comprehensive solution that addresses the unique challenges and complexities of the oil and gas supply chain. This could significantly improve the industry's ability to respond to disruptions and ensure a more stable and resilient supply chain for end users.
