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Kinaxis unveils first-ever supply chain orchestration model

Market News, Technology
TSX:KXS
18 November 2024 12:55 (EST)
Procurement illustrated by a buyer negotiating contracts and placing orders with suppliers

(Source: Adobe Stock)

Kinaxis (TSX:KXS) unveils the industry’s first-ever Supply Chain Orchestration (SCO) Maturity Model and Self-Assessment.

In a news release, the company stated that the tool is designed to help companies evaluate and enhance their supply chain capabilities across 14 critical dimensions, enabling faster decision-making, improved collaboration, and more agile, transparent planning and execution.

“We’re excited to launch this tool to help supply chain leaders instantly diagnose their strengths and weaknesses and develop an actionable plan to drive progress,” Andrew Bell, chief product officer at Kinaxis, said in a statement, adding that companies continue seeking guidance on how to advance their supply chain orchestration maturity

The SCO Maturity Model and Self-Assessment draws on over 40 years of successful partnerships with some of the world’s largest brands.

Key features of the assessment include:

Kinaxis specializes in modern supply chain orchestration with its AI-powered platform, Maestro. The platform offers end-to-end visibility and agility, from multi-year strategic planning to last-mile delivery.

Key solutions include concurrent planning, advanced analytics, AI, and integration. Its app warehouse optimizes inventory, production scheduling, and recycling planning, while its orchestration solutions support demand and supply planning, enterprise scheduling, and supply chain execution with tools like control towers and order management.

Shares of Kinaxis are up 0.25 per cent to C$165.57 as of 12:10 p.m. ET.

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(Top image: Adobe Stock, generated by AI)


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