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FourKites and Infosys partner on supply chain technology
- February 2, 2021
- Steve Rogerson
Chicago-based real-time supply chain visibility platform FourKites has formed an alliance with consultancy Infosys to accelerate the delivery of supply chain process innovations and technology.
Infosys brings decades of experience in designing and implementing supply chain operations and logistics that optimise the entire ecosystem. Infosys selected FourKites as a real-time visibility partner based on its technology, network of shippers and ability to deliver innovations rapidly.
“FourKites pioneered real-time freight visibility and continues to lead the industry in helping shippers, carriers, brokers and 3PLs improve on-time delivery and orchestrate their supply chains based on actionable data and predictive intelligence,” said Karmesh Vaswani, executive vice president at India-based Infosys. “We’re very excited to bring FourKites’ global, multimodal visibility to our customers worldwide so they can realise the value of end-to-end, real-time freight visibility.”
Covid-19 related economic impact, capacity shortages and trade tensions have roiled supply chains thereby accelerating the move to visibility technology that helps supply chain professionals proactively manage their operations and ensure the timely delivery of shipments. This relationship aims to help meet this surge in demand through joint go-to-market programmes and implementation services.
Most importantly, it certifies Infosys to market FourKites’ entire suite and leverage Infosys’ expertise in complex global supply chain and logistics functions within users’ existing environments.
“Optimising the entire supply chain ecosystem is a complex challenge that necessitates cooperation, collaboration and active partnerships between systems integrators and providers,” said FourKites CEO Mathew Elenjickal. “Infosys is uniquely accomplished and qualified to understand customers’ global requirements and integrate FourKites into their existing infrastructures. We’re honoured to be selected as Infosys’ real-time visibility partner, and excited to help more customers realise faster time-to-value from their supply chains.”
FourKites delivers real-time visibility and predictive analytics for companies and third-party logistics firms. Using a proprietary algorithm to calculate shipment arrival times, it helps users lower operating costs, improve on-time performance and strengthen end-customer relationships. The company’s’ network spans millions of GPS and ELD devices in 176 countries and covers all modes, including truckload, LTL, ocean, rail, air, intermodal, courier and parcel, and extends real-time visibility into the yard.
FourKites has one million loads and over $100bn in freight under management at any given time. The platform is optimised for mobile and equipped with end-to-end security.