Leading transportation, logistics and supply chain company started by Fredrick W Smith in 1971
Trend setter in the express delivery industry
Posted 40% CAGR and crossed $1 Billion revenue mark in 1983 itself .
The following year began its overseas operations with services to Europe and Asia.
Also acquired Tiger International Inc. in 1989 to become worlds largest full service all cargo airline.
In 1995 acquired Evergreen International Airlines that facilitated its entry into China through its all cargo route authority and thus became sole US based integrated logistics company with aviation rights to china.
A sophisticated combination of laser scanners, bar codes, softwares and electronic connections to support its increasingly growing widespread air and vehicles network.
65% of total volume was as a result started to be processed using an automated shipping system which also helped FedEx reduce cost to a large extent.
Unveiled 2 internet based application programming interface(APIs) that enabled its business partners in Europe, Middle East and Africa to improve their internal productivity, streamline SCM and facilitate commerce with customers.
Various IT based Initiatives were introduced to streamline entire business operations like COSMOS, DADS, ASTRA, CAGA, CSW, PRISM, EDR, CERPS, FEECC
Replacing mainframe systems with UNIX based client server systems to expands it’s logistics and transportation services to all parts of the world by automating and streamling the procurement process.
Selection of ARIBA B2B as e-commerce platform (ORMS) because of it’s ability to integrate with diversified computing environment, and ability to facilitate spend analysis and purchasing pattern of identification.