FedEx invests in FourKites to make supply chains smarter

FedEx invests in FourKites to make supply chains smarter

FedEx Corp. announced on Friday a strategic partnership with the supply chain visibility platform, FourKites to offer businesses real-time visibility over their supply chain operations and further enhance their operational efficiency.

Under the strategic partnership, FedEx and FourKites will collaborate to make supply chains smarter and more reliable by utilising their shared market expertise and extended networks.

 

Smarter supply chains

“This is an exciting collaboration between two industry leaders and innovators coming together to unlock new opportunities for our customers. If the last two years have taught us anything, it is that companies need to work together to work smarter and faster,” FedExDataworks CEO, Sriram Krishnasamy said, pointing out that the collaboration between the two companies creates a “data ecosystem that will deliver a new level of predictability and visibility to help businesses build smarter supply chains in today’s unpredictable and complex business environment.”

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