Global Logistics and Supply Chain Strategies of FedEx
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Topic in Depth: In my research paper, I would like to discuss the global logistics and supply chain strategies of FedEx. FedEx supply chain provides integrated logistics solutions for our customers with high-value products or complex supply chain requirements. They offer centralized command and fulfillment centers that are tightly integrated with the global network to support the management and the customers most critical products. FedEx provides end-to-end optimized transportation management through the FedEx global network and a select group of core carries. They also include global distribution centers to provide that end-to-end supply chain for the customers high-value and high-volume time critical goods.
Global Logistics and Supply Chain Strategies of FedEx
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Background
FedEx facilitates transportation management, fleet services and fulfillment to meet the customer needs. FedEx also offers international trade services including ocean, freight services, and customs coverage as well as delivery service. To facilitate this, the company manages customs-clearance while orchestrating deliver and return of packages. FedEx operates domestically and internationally with the fulfillment services are the reverse logistics, inbound and outbound logics. Additionally through operating fleet services the company is well placed to manage carriage services (FedEx, 2016). As a third-party logistics firm, the company performance logistics functions as an external supplier including transportation, warehousing and distribution. Integrating the multiple activities provides solutions to address the logistics and supply chain problems.
Logistics management
Logistics management and supply chain functions at FedEx include inbound, transport, order fulfillment, warehousing as well as supply/ demand planning services. There is also a need to manage customer orders properly in logistical management given that the production, scheduling and procurement processes are connected to the efficiency of logistics management. Logistics are important at all levels of the organization, since integrating logistic activities improves efficiency and improves performance and an organization is better paced to compete with rivals. Now more than ever before the logistics management activities of an organization are integrated including various activities like sales, marketing, procurement, information technology and finance.
Supply chain
Proper supply chain management is important to meeting the customer needs and this builds loyalty and customer satisfaction the customers have rust in the company’s ability to deliver. FedEx integrates strategy, technology and supply chain management to build a reliable supply chain system. The technology team is tasked with designing tracking devices to improve, while the strategy of integrating different aspects of the supply chain to ensure proper functioning. As a supply chain service provider, the company gives the clients a strategic advantage through delivery on time by relying on a network of people while utilizing capital and information to coordinate activities.
Critical inventory logistics
Another strategy is to optimize logistics management and supply chain activities is through using the critical inventory logistics system. This platform has been identified as being crucial to meeting the customer needs, where FedEx leverages its expertise to customize solutions to the customers’ requirements while managing critical inventories (FedEx, 2016). There are centers in strategic locations where customers can pick critical replacements when need arises. This option also allows the customers to access supplies through a global network off the company’s solution providers. For instance in the U.S FedEx Kinko provides document solutions but can rely on FedEx Express for transportation solutions, and the critical inventory platform also making it ...
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