Kinaxis & ExxonMobil Team Up to Transform Oil & Gas Supply Chain
Kinaxis and ExxonMobil have joined forces to revolutionize the oil and gas industry's supply chain management. The collaboration, announced by ARC Analyst Larry O'Brien on ARC's Client Portal, aims to enhance planning and decision-making processes using Kinaxis's Maestro software.
The oil and gas supply chain is notoriously complex, involving diverse production assets and transportation methods for multiple products. It's further complicated by varying regulatory and safety requirements across different regions. Frequent disruptions, caused by global economic policies, cyber-attacks, and geopolitical tensions, have highlighted the need for a more robust and unified management system.
Historically, the industry has relied on customized or semi-customized solutions due to the scarcity of advanced planning systems. However, the consequences of supply chain disruptions on end users have underscored the necessity for a comprehensive solution that provides increased resilience and visibility. This is where Kinaxis and ExxonMobil's collaboration comes into play. In 2021, they began developing a new, comprehensive supply chain management system for the oil and gas industry, as well as other resource sectors like metals and mining. Now, they are working together to create a next-generation, comprehensive supply chain management solution tailored to the oil and gas industry.
Kinaxis and ExxonMobil's joint effort to develop a Supply Chain Management Solution for the Oil and Gas industry promises to bring much-needed unity and agility to the sector. By leveraging Kinaxis's Maestro software, the collaboration seeks to enhance planning and decision-making processes, making the industry better equipped to navigate the challenges of a volatile global landscape.
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