Advisory

Kinaxis: Unlocking Opportunity in The Supply Chain

Leaders and innovators are finding opportunity amidst chaos.

January 30, 2024

Kinaxis

Kinaxis

Kinaxis: Unlocking Opportunity in The Supply Chain

Leaders and innovators are finding opportunity amidst chaos.

January 30, 2024

Kinaxis

From soaring energy costs and skyrocketing inflation to geopolitical challenges and unprecedented weather events, supply chains continue to see their share of disruption. But what if there was a great silver lining to all of the challenges?

Supply chains have been around in some form since humans have existed. Gathering raw materials, turning them into useful goods, and distributing them is a fundamental human activity. What’s changed in modern times is the scale and scope. Today’s supply chains are worldwide and far-reaching.

There’s no aspect of modern life that remains untouched by global supply chains and their dynamics. Customers today demand swift delivery, impeccable quality and sustainability. Meeting these demands while remaining resilient to shocks is no easy feat.

But that added pressure also creates a unique opportunity: there’s more innovation and willingness to reimagine supply chains for everyone’s benefit than ever before.

Orchestrating supply chains with people at the centre

Kinaxis helps businesses solve their most pressing supply chain problems by providing cutting-edge supply chain management software to companies of all sizes, across all industries and geographies. At the heart of its innovation is the emphasis on synchronising and optimising the end-to-end supply chain, from multi-year strategic planning through last-mile delivery – a concept known as supply chain orchestration.

Why is this significant? In the past, each supply chain function operated somewhat independently. As supply chains have grown more complex, disconnects between functions have hindered efficient communication, coordination, and responsiveness. This has proven  costly in terms of speed, sustainability and vulnerability to disruption.

Kinaxis offers a unique way of achieving harmony between supply chain functions while maintaining the best-in-class performance of each function. In particular, harmonising supply chain planning and execution functions is a major breakthrough. Fundamental to this is the concept of concurrency – a technique pioneered by Kinaxis that allows everyone to see ‘everything, everywhere, all at once’ to make faster, more confident decisions.

Reimagining supply chains through the lens of orchestration unlocks several opportunities for businesses:

  • DRIVING COMPETITIVE ADVANTAGE. Companies can reduce decision latency and lead times and elevate the customer experience, thereby creating a competitive advantage.
  • ACHIEVING COMPLIANCE. Advanced supply chain management solutions can help companies remove waste, maintain compliance and reduce inventory.
  • LEADING WITH SUSTAINABILITY. Supply chain sustainability has emerged as a key corporate goal. Companies have started to measure the environmental and societal impact of their goods and services, from the beginning to the end of their life cycles.
  • HIRING AND RETAINING TOP TALENT. Giving supply chain practitioners better, integrated tools breaks them out of spreadsheet prison and make it easier to collaborate, working together in teams to make the impact they desire.
  • LEVERAGING BOTH AI AND HUMAN INTELLIGENCE. By using AI solutions to automate the obvious, while augmenting and empowering people to focus on the activities and exceptions that call for a human touch, companies can drive exceptional accuracy, agility and efficiency.

Decades of innovation, experience and ground-breaking solutions

Kinaxis has always been a trailblazer in supply chain innovation, from its early days of providing advanced forecasting models for supply chain planners and being the first in the enterprise supply chain sector to embrace cloud technology to introducing today’s cutting-edge AI solutions.

All of Kinaxis’ innovations place people at the centre. This is a core part of its philosophy: supply chains are fundamentally human and supply chain solutions should always keep that in mind, even as processes digitise, automate and transform.

Today, Kinaxis plays a pivotal role in powering supply chains on a global scale. Its success has been widely acknowledged by customers and analysts alike. The Kinaxis customer community continues to grow and includes some of the world’s leading companies such as Volvo Cars, Unilever, P&G, Bose, Merck, Honeywell, IBM, and Lenovo.

As supply chains shift and change with the times, Kinaxis remains committed to providing best-in-class, advanced solutions that keep supply chains, and the people they serve, thriving even in the most challenging situations.