Preview

Fed Ex

Good Essays
Open Document
Open Document
505 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Fed Ex
Abstract: The case discusses how FedEx Corporation (FedEx) emerged as the leading global provider of supply chain management (SCM) services to corporate customers. The case discusses in detail the SCM services offered by FedEx and its infrastructure facilities that enabled the company to offer these services.

The operations at the Memphis hub of FedEx are described in detail. Finally, the case provides real-life examples of how FedEx solved the supply chain problems of Fujitsu (US) and Cisco Systems by offering a customized SCM solution.

"FedEx is a supply chain company. We are very cognizant of trying to make our customers' supply chain more efficient. But, at the same time, we became very focused on our internal supply chain."1 * Edith Kelly-Green, Vice President and Chief Sourcing Officer, FedEx Corporation. "E-Procurement delivers for FedEx," Susan Avery, Purchasing, November 18, 2001.

"FedEx's Supply Chain Services represents the best of the best and the organization has set an example ... for other companies to follow."2
- Bo Anderson, Executive in Charge of Worldwide Purchasing, GM

As quoted in the article, "FedEx powers supply chains through synchronized reality," posted on www.ascet.com

edEx started offering SCM services to its customers on a very small scale in 1974. With increasing demand for services such as inventory and warehouse management, in 1989 FedEx established FedEx Logistics Services, a group company specifically focusing on managing the supply chain of corporate customers. Soon, FedEx started building upon its technology intensive SCM service offerings.

By offering world-class SCM services and solving the customers' supply chain problems by customizing its SCM solution according to their specific requirements, FedEx earned significant appreciation from all customers.
History - The history of FedEx dates back to 1971, when its founder Frederick W. Smith (Smith) felt the need for an airfreight system that would

You May Also Find These Documents Helpful

  • Good Essays

    Federal Express was founded in 1973 by Fred Smith. The idea came from FedEx Corporation operates in four segments. FedEx Express is the world's largest express transportation company, delivering some 3 million packages daily. It provides transportation, e-commerce, and business services worldwide. The company offers a range of shipping services for the delivery of packages, documents, and freight. FedEx Freight segment offers regional next-day and second-day, and interregional less-than-truckload freight services. FedEx Kinko's provides document management solutions and many business services including facsimile, black and white and color copying/printing, finishing and presentation services, signs and graphics, Internet access, videoconferencing and various other retail services and products. The company was incorporated in 1971 and is based in Memphis, Tennessee.…

    • 554 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    FedEx has one main key activity and that is to deliver goods around the world. FedEx express is an overnight courier, providing next day air service. FedEx Ground provides a door-to-door delivery service. FedEx Freight provides a service which carries large amounts of freight to destinations where it is then transported by FedEx Ground. FedEx Office provides a retail outlet for shipping, printing, copying and binding services. During an average day various departments within FedEx Corp work together to ensure a excellent service is delivered to customers. The marketing department works very hard to ensure people know about them. They especially target small businesses that are in need of professional connections at far off places.…

    • 1014 Words
    • 5 Pages
    Satisfactory Essays
  • Better Essays

    FedEx is known for their very strategic advantages, their techniques that are highly unmatched and competitive. FedEx’s functional level strategies include customer service, efficiency and productivity. These are their main strategies that must be met at all times. FedEx directs their focus primarily on their business to customer deliveries. They are able to target an online retailer which is the way most people currently shop. FedEx does not have communication barriers and very innovative ideas. FedEx has many competitors, but has surpassed their competition by using those innovative ideas and providing many services to fit the customers need. They were the first company to use electronic means for their orders. FedEx goals are to increase their net income and revenues. They are known to differentiate their services products from others.…

    • 1386 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Fedex

    • 2233 Words
    • 9 Pages

    FedEx Corp., founded by Frederick W. Smith, began operations in April 1973 and was incorporated on October 2, 1997. FedEx Corp. is a publicly traded company on the New York Stock Exchange and headquartered in Memphis, TN. Fedex Corporation was formed in January 1998 with the acquisition of Caliber System Inc. The company reports in four major business segments. FedEx Express provides time-certain delivery within one to three business days serving markets that comprise more than 90 percent of the world 's gross domestic product. FedEx Ground provides low-cost, day-certain service to every business address in the United States, Canada and Puerto Rico and nearly 100 percent of U.S. residences through FedEx Home Delivery. It also includes FedEx SmartPost, Inc. FedEx Freight provides less-than-truckload freight services through FedEx Freight and FedEx National LTL. The FedEx Freight segment also includes FedEx Custom Critical, Inc., North America 's largest time-specific, critical shipment carrier, and Caribbean Transportation Services, Inc., a leading provider of airfreight forwarding services between the United States and Puerto Rico. FedEx Services provides sales, customer service, and information technology support through FedEx Customer Information Services, Inc., primarily for the benefit of FedEx Express and FedEx Ground. The FedEx Services segment also includes FedEx Office and Print Services, Inc., formerly known as FedEx Kinko 's, and FedEx Global Supply Chain Services, Inc., which offers a range of supply chain solutions. In 2007, FedEx Corporation acquired ANC Holdings Ltd. (now rebranded as FedEx UK), Prakash Air Freight Pvt. Ltd. and Tianjin Datian W. Group Co., Ltd. 's 50 percent share of the FedEx-DTW International Priority joint venture and assets relating to DTW Group 's domestic network in China.…

    • 2233 Words
    • 9 Pages
    Powerful Essays
  • Better Essays

    Both FedEx and UPS have met their match in the logistics industry. FedEx gives a more liberal way of business by giving the drivers a small business set up, and UPS is looking to stay a few steps ahead of the game with trends like being environmental friendly, saving natural resources, cutting costs, and using technology to make logistics run more efficiently. Combined parcel carriers like FedEx and UPS are growing vigorously because of solid matrix models and the need of their existence. It is imperative in the scope of businesses that its components are solid, smooth sailing, and always one step ahead of the…

    • 1057 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    The purpose of this paper is review the current market trends and conditions for FedEx. There are numerous ways that a company can become a success or become a failure. The market trends and conditions are just of those reasons. Team A has analyzed the market trends and conditions by reviewing FedEx's operating structure, competitors, the impact of government regulations, price elasticity of demand, along with a supply and demand analysis.…

    • 4943 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Fedex vs Ups

    • 4116 Words
    • 17 Pages

    Fedex was formed in 1971, as the brain child of Fred Smith who started the idea of the business as a undergraduate term paper for a Yale economic class. Smith’s strategy dictated that FedEx would purchase the planes that it required to transport packages, whereas all other competitors used the cargo space available on passenger airlines. In addition to using his own places, Smiths key innovation was a hub and spoke distribution…

    • 4116 Words
    • 17 Pages
    Powerful Essays
  • Better Essays

    Enabling Factors supporting this statement were clear in FedEx heavy investments in IT solutions as it presented COSMOS and Powership 3 for better package control resulting in an improved quality. In addition to that, FedEx…

    • 974 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Mg518 Week 1 Assignment

    • 545 Words
    • 3 Pages

    FedEx’s traditional ways of doing things were changing. Originally, FedEx was a company that provided quick service faster than any competition for a premium price. Price was no object to most companies because the cost of doing business quickly far outweighed not getting it there in time. Bids on new business needed to be there overnight! This brought in more business to most organizations and so the cost was no so important. As times changed and some companies fell on harder times, they could not afford the exhorbinate…

    • 545 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Fedex vs. Ups

    • 2478 Words
    • 10 Pages

    Technological innovations such as COSMOS (Customer, Operations, Service, and Master On-line System) enabled FedEx to achieve important advances in customer ordering, package tracking, and process monitoring.…

    • 2478 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Fedex Courier Pak

    • 1011 Words
    • 5 Pages

    By capitalizing on this strategy, FedEx was able to boost its average delivery volume in 1976 to 20,726 packages per day via its three services, Priority-One, Standard Air, and Courier Pack, compared with an average of 10,521 delivered daily the prior year. Clearly the company’s calculated use of strategically-located hubs, nighttime flight routes, and limited package size allowed the company to carve out a niche by reliably delivering packages on an immediate, overnight basis.…

    • 1011 Words
    • 5 Pages
    Powerful Essays
  • Satisfactory Essays

    FedEx Corporation provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $45 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 300,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities.…

    • 585 Words
    • 3 Pages
    Satisfactory Essays
  • Best Essays

    FedEx showed real grit in FY12. FedEx’s earnings per share increased 40 percent, and annual revenues exceeded $42 billion, a 9 percent increase, despite political gridlock in the United States, financial turmoil in Europe, a slowing Asian economy and volatile fuel prices. FedEx Ground delivered an 18.4 percent operating margins and accounting for more than half of FedEx operating profit. Online shipments spurred record volumes. More than one quarter of FedEx Ground lanes are now faster in terms of transit times than the competition, boosting service and customer satisfaction to unprecedented levels. As a result, including FedEx SmartPost, FedEx’s overall U.S. ground parcel-market share has increased to nearly 30 percent, doubling over the last decade. The rapid transformation of FedEx Freight paid off with a strong return to profitability. Revenues grew 8 percent year over year. Offering both priority and economy service options and industry-leading transit times have made FedEx Freight a market share leader (FedEx, 2013).…

    • 2033 Words
    • 9 Pages
    Best Essays
  • Powerful Essays

    UPS vs. FedEx

    • 1698 Words
    • 5 Pages

    FEDEX Overview:The FedEx companies' historical milestones span over a half century and demonstrate the insight and leadership of the trusted FedEx brand. FedEx Custom Critical, a package and delivery business was founded in Akron, Ohio in 1947 by Roberts Cartage. The FedEx Corporation, as we know it today, was organized in 1971 in Little Rock Arkansas. Today's FedEx is led by FedEx Corporation, which provides strategic direction and consolidated financial reporting for the operating companies that compete collectively under the FedEx name worldwide. FedEx has grown and expanded into four core businesses including; FedEx Kinko's Office and Print Center, FedEx Express, FedEx Ground and FedEx Freight.…

    • 1698 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    FedEx virtually invented the express mail industry. It held around 45% of the domestic express mail market and was the industry leader.…

    • 1943 Words
    • 8 Pages
    Powerful Essays