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Supply chain management is the efficient and effective movement of goods and information from supplier to manufacturer to the end user. Looking at supply chain management from a cost standpoint, it represents the total expenses incurred by a company to acquire materials, maintain inventory, process and fulfill orders, manage transportation, deliver to end-customers, and manage information systems throughout the process.

In some industries, companies spend approximately 10 - 11% of their revenue just managing their supply chain. Independent research firms, such as AMR and International Data Corporation, project that by 2005, investments made in these segments will exceed half a trillion dollars. Several factors contribute to these trends, including:

  • Increased globalization of business
  • Shift to collaborative commerce
  • Development of powerful supply chain visibility and event management tools
  • Increased focus on just-in-time
  • Adoption of outsourced logistics
  • Carrier consolidation

Research shows that investments in services and technologies that improve supply chain performance continue to pay real dividends for business. Improving your supply chain performance can have a dramatic impact on your business.

FedEx® Supply Chain Services is here to help your business capitalize on such benefits. To learn more about how we can help with your supply chain, please contact us today at 1-800-543-7657 or view our portfolio of services to get started.

 

Customer Success Stories
FedEx Supply Chain Services offers a portfolio of services that can be applied with the flexibility and scalability needed to move with changing market conditions.