Partnership enables
the agility needed to better orchestrate unified supply chain planning and transportation
execution
Hyderabad,
June 13th, 2022 – Kinaxis® Inc. (TSX:KXS), the authority in driving
agility for fast, confident
decision-making in an unpredictable world, and Blume Global, the
only multimodal
supply chain orchestration platform uniting end-to-end visibility, supplier
management and logistics execution, today announced a partnership that will connect
Blume Global’s logistics visibility and transportation management system (TMS) with
the Kinaxis RapidResponse® concurrent planning platform. The result will be
better alignment between supply chain planning and execution, enabling
companies to quickly remedy, or even avoid, freight transportation disruptions.
Freight
transportation disruptions are now one of the most common, and most costly, forms
of supply chain interruption. Organizations need new levels of supply chain
agility across planning and execution to understand the business-wide impact of
a shipment delay and be able to act in time to mitigate the risks to cost and
customer service. By combining Kinaxis’ unique concurrent planning technique
with Blume Global’s TMS shipment data, companies will be able to dynamically
generate new plans to quickly get shipments back on track and ultimately have improved
supply chain resiliency.
“For nearly three
years, the supply chain industry has been defined by uncertainty. That is
likely to continue. While major disruptions used to occur every few years, we
are now facing significant events annually – or even more frequently,”
according to Pervinder Johar, CEO of Blume Global. “Our partnership with
Kinaxis will give customers around the world access to robust, innovative
logistics planning and execution solutions so they can create agile processes
that adapt quickly to even the most challenging circumstances.”
As part of the
new combined offering, Blume Global will synchronize core TMS shipment data to
RapidResponse, providing real-time exception-based alerts that ensure customers
focus on business-critical shipments and updated ETAs for shipments that exceed
defined tolerance levels. From there, customers will be able to generate and
execute alternate shipment plans with a full understanding of how the alternate
plan will impact key performance measures.
“The
intersection point between supply chain planning and execution has never been
more critical. When a disruption happens, it’s not enough just to be able to
create a new plan quickly. Companies must be able to execute quickly as well,” said
John Sicard, CEO of Kinaxis. “Our new offering with Blume Global helps
companies do just that by delivering concurrent planning and execution,
providing a new level of supply chain agility.”
Blume Global joins
the growing Kinaxis ecosystem of Solution Extension partners. These partners
increase the value customers gain from RapidResponse by delivering digital
inputs and developing domain-specific applications that leverage the power of
concurrent planning and extend the capabilities of the widely-trusted planning
platform.
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