At Kinaxis, we devote our time to the innovative technologies, processes and methods to help our customers and partners navigate the changing landscape of supply chain planning. Forecasting specific disruptions has become increasingly futile, but if you set your business up to deal with the process of disruption, you'll be set up for success.
The transformative concept at the heart of what we do is concurrency: a model that takes into view the whole planning network and aligns data so that a change in one part of your chain triggers corresponding changes and communications in the rest of the chain, in real time. You can create what-if scenarios, understand their impact on your whole network and assess your options before anything actually happens. This concept of concurrency when applied to supply chain planning is called concurrent planning. Market-leading companies, such as Ford, Unilever and Schneider Electric, across industries – including automotive, consumer goods, and high-tech and electronics – are already harnessing the power of concurrent planning to realize significant business results.
How do you implement it? What technology do you need? And what is the impact on your most important asset: people?
We've sought perspectives on concurrency from supply chain operators, consultants, partners and analysts around the world and across numerous industries and we're sharing it in this inaugural guide to concurrency.