Preview

Fedex

Good Essays
Open Document
Open Document
763 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Fedex
Six Components of FedEx Corporation Supply Chain

Six Components of FedEx Corporation Supply Chain
This project paper will describe six components of the FedEx’s supply chain. Also this paper will examine the potential problems related to each of the components and describe and explain the approaches of the organization for solving the problems.
Let’s start with the background of the company. FedEx is led by Corporation, that provides strategic direction and financial reporting to the operating companies which compete under the FedEx name worldwide: FedEx Express, FedEx Ground, FedEx Home Delivery, FedEx Office, FedEx Supply Chain Solutions and FedEx Services these are six supply chain of the main FedEx brand.
FedEx started in 1971, when its founder Frederick W. Smith had idea for airfreight system that would facilitate quick overnight delivery of documents directly to customers. To make his ideas work, Smith decided to start his own company. In March 1973, FedEx moved its airline operations to Memphis, Tennessee, US. On April 1, 1973, FedEx started full time operations with a network, opened up in 25 cities in the US. This had begun the air/ground express industry.

FedEx Express is a cargo airline based in Memphis, Tennessee. In terms of freight tons flown it is the largest in the world and the world's fourth largest in terms of fleet size. It is one of the supply chain segments of FedEx Corporation. It delivers packages and freight to more than 375 destinations in almost every country in the world every day. FedEx Express is the world's largest express transportation company. Potential problem for FedEx express is the increase of the plane fuel prices. However the FedEx gives FedEx Express businesses that is why they can compensate those expenses.
FedEx Ground is a shipping company which is one of the of the FedEx Corporation supply chains. Moon Township, Pennsylvania is the headquarter office. This company

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
  • Good Essays

    P1 Unit 5 Essay

    • 2276 Words
    • 10 Pages

    Student Answer: FedEx was founded in 1971 by Fred Smith, previously known as Federal Express, headquartered in Memphis, TN. FedEx, is a multinational…

    • 2276 Words
    • 10 Pages
    Good Essays
  • Satisfactory Essays

    FedEx Corporation is an American global courier delivery service. It operates under a public limited ownership as a tertiary business.…

    • 1014 Words
    • 5 Pages
    Satisfactory Essays
  • Better Essays

    Federal Express, which has since changed their name to The FedEx Corporation, was founded in 1971. FedEx began running their operations in 1973 and created an air and ground industry of delivering packages. FedEx is renowned for the being a leader in the courier industry and also play a very important role in the logistics industry.…

    • 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

    When people think of transportation delivery services there are two names that come to mind and that is UPS and FedEx. These two brands are leaders and competitors in the transportation industry and have built a sustainable competitive advantage. When looking at these…

    • 1057 Words
    • 5 Pages
    Better Essays
  • Powerful Essays

    FedEx Corporation is responsible for the direction of FedEx which is comprised of FedEx Express, FedEx Ground, FedEx Freight, FedEx Office, FedEx Custom Critical, FedEx Trade Networks, and FedEx Services. FedEx started in 1998 and wanted to expand their express delivery service so that they could diversify their portfolio ultimately to compete in the market on a global scale. In 2000, FedEx acquired a new subsidiary called Tower Group International who is a leader in the business of international logistics and trade information technology. Through this acquisition, FedEx has become the largest-volume customs entry filer in North America and a leader in global ocean and air cargo distribution and trade facilitation.…

    • 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
  • 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

    Federal Express was founded in 1971. In 1973, FedEx started operations officially and its hub-spoke distribution pattern enabled it to offer cheaper and faster service than its competitors. By 1981, UPS began to enter into the overnight air market and the United States Postal Service (USPS) cut its overnight letter at half the price of FedEx’s. Despite facing such extreme competition in the industry, FedEx could still excel due to change in the business environment. The success of the firm could be attributed to several factors:…

    • 2478 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    FedEx Corporation is a market structure of an oligopoly they have control over the supply of a commodity is held by a small number of producers each of whom is able to influence prices and thus directly affect the position of competitors. The chief competitor is UPS (United Parcel Services) and both companies ship throughout the United States and have shipping to international ports.…

    • 731 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Ups/Fedex Package Wars

    • 349 Words
    • 2 Pages

    FedEx also has many strengths which keep the company extremely competitive in the industry. FedEx is a very entrepreneurial company, fostering creativity and innovative ideas. The fostering of innovation is important in order to differentiate from competitors and offering new and improved services to customers. FedEx is also a first mover in overnight delivery, grabbing a large portion of the market. FedEx also uses their innovative technologies to surpass competitors and differentiate themselves. Furthermore, the strategic alliance with Kinko’s gives FedEx a retail presence, attracting a different customer base with different needs. This partnering expanded the services FedEx offers.…

    • 349 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Risk Assessment

    • 1788 Words
    • 8 Pages

    FedEx Corporation is a 29 billion dollar company that offers a variety of supply chain, transportation, business and related information services (FedEx Corporation, 2006). Today FedEx consists of a network of different companies providing services to many countries around the world. FedEx Corporation is the premier provider of shipping and information services worldwide, and its companies function under the motto of "operate independently, compete collectively and manage collaboratively" (FedEx Corporation, 2006).…

    • 1788 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Fedex Quality

    • 684 Words
    • 3 Pages

    FedEx was incorporated in June 1971 and officially began operations on April 17, 1973. Conceived by Chairmen and Chief Executive Officer Fredrick W. Smith, a man that would soon expand the small 14 aircraft fleet he started with into a $29 billion network of companies with 652 aircraft, 69,000 vans and trucks, and over 250,000 employees. FedEx did not become the largest shipping company by chance, they did it by focusing on their customers needs and making quality in their services a top priority.…

    • 684 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Fedex

    • 904 Words
    • 4 Pages

    FedEx Corporation , originally known as FDX Corporation, is a logistics services company, based in the United States with headquarters in Memphis, Tennessee.[1] The name "FedEx" is a syllabic abbreviation of the name of the company's original air division, Federal Express, which was used from 1973 until 2000.…

    • 904 Words
    • 4 Pages
    Better Essays

Related Topics