Challenge: A multinational oil and gas company relied on thousands of suppliers worldwide — including remote partners in Azerbaijan, Alaska and Angola — for time-critical materials. However, the company lacked adequate visibility and transportation management over it’s 60,000 purchase orders per year, resulting in incomplete deliveries, poor shipment-status insights and high administrative and process costs.
Solution: The company requested a control-tower solution from its logistics service provider to improve visibility, order and logistics management, and supplier collaboration. The LSP leveraged Kinaxis' Supply Chain Orchestration platform for connectivity to over 1,000 suppliers and carriers, real-time visibility and exceptions management, and automated control over import/export trade documents for international orders.
Results:Kinaxis' real-time, continuous control over the flow of supply-chain activities enabled the LSP to optimize every purchase order against service levels, inventory, transportation and costs — saving its customer about $1.5 million per year. Through game-changing capabilities like multi-leg carrier selection, in-transit stock visibility, dynamic invoice matching and order-splitting and consolidation, the customer saved 5% of logistics and billing costs and achieved overall efficiency gains.
About the Solution Provider: Everyday volatility and uncertainty demand quick action. Kinaxis® delivers the agility to make fast, confident decisions across end-to-end planning and execution. People can plan better, live better and change the world. Trusted by innovative brands, we combine human intelligence with AI and concurrent planning and execution to help companies plan for any future, monitor risks, seize opportunities, and respond at the pace of change. Powered by an extensible, cloud-based platform, Kinaxis delivers industry-proven applications so everyone can know sooner, act faster and remove waste. Don’t believe us? Ask us to prove it.
