Purchased Transportation (PT) is an increasing spend category for FedEx where 3rd party contracted carriers are utilized for balancing lanes and meeting additional network capacity requirements. Drowning in data, yet starving for insights, Sourcing realized the importance of going digital. The team engineered a scalable and sustainable platform for real-time monitoring of the domestic freight market. The powerful reporting and analytics functionalities of the Intelligent Dashboard bolster decision analytics and enable FedEx to better capitalize on market opportunities.
About the Future of Sourcing Awards
The 2018 inaugural Future of Sourcing Awards program recognized organizations that showed innovation, leadership and transformation in categories critical to the sourcing industry. The Awards brought together some of the brightest minds, the best insights and the most relevant topics and created a truly remarkable experience. In eight categories our esteemed judges selected three finalists from many innovations in sourcing, outsourcing, third party management, supplier performance, digitization, governance/compliance, talent management, and sustainability.
Each nominee was invited to discuss their innovations in a podcast for The Sourcing Industry Landscape as well as a Ted-style Talk at the SIG 2018 Fall Global Summit. Finally, each nominee was asked to provide a handout for their Talk.
Contributors: FedExCategories: 2018 Nominations, Future of Sourcing Awards
SRC Type: Benchmarking and Analysis, Procurement Operations, Sourcing Management, Third Party Management