ExxonMobil & Kinaxis Team Up for Next-Gen Oil & Gas Supply Chain Management
ExxonMobil and Kinaxis have joined forces to develop a cutting-edge, all-encompassing supply chain management system for the oil and gas industry. This collaboration aims to address frequent disruptions and the lack of unified solutions in the sector.
The oil and gas supply chain is notoriously intricate, involving diverse production assets and transportation methods for volatile products. Disruptions, often caused by global economic policies, cyber-attacks, and geopolitical tensions, can have severe consequences for end users. Until now, the industry has relied on customized or semi-customized solutions due to the scarcity of advanced planning systems.
Kinaxis's Maestro software is being used to digitalize various sectors of Exxon's business. Robert Courteau, executive chair at Kinaxis, is leading the development of tailored supply chain management solutions for the oil and gas industry. The collaboration seeks to share industry-specific solutions, as current options are limited. The complex regulatory and safety requirements that vary across major geographic regions add another layer of challenge to this task.
ExxonMobil and Kinaxis are working together to create a next-generation supply chain management solution for the oil and gas industry. This collaboration aims to address frequent disruptions and provide a unified view of the supply chain, which has been lacking in the sector. ARC Analyst Larry O'Brien has published a report on this collaboration via ARC's Client Portal, highlighting its potential impact on the industry.
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