Sunday, May 5, 2019
Logistics Essay Example | Topics and Well Written Essays - 250 words - 6
Logistics - Essay ExampleFedEx is an American transnational courier slant company. The organization has massive information stored in its computer vaults in its Memphis headquarters (FedEx, 2014). The major challenge for FedEx in the early 2000s was to help their global partners access this information, make business for themselves and in wriggle business for FedEx. To solve this challenge, FedEx connected its partners through an online portal. Check Point Software Technologies is the firm that provided the needed software product that was customized by FedExs IT workforce. Tied to the firms payment processing system, AutoPay, the portal provides access to respective(a) reports including revenues brought in by each partner compared to their budgets (Hemmatfar, Salchi & Bayat, 2010). This is in line with the objective of business intelligence of comparability actual performance to set goals (Gendron, 2013). The portal could also be queried to provide information on delivery perfo rmance and help in making decisions on best locations for new satellite bureaus. Thus, FedEx is able to bounce back and monitor its processes. It provides real-time management updates to pave way for appropriate adjustment plans. Therefore, business intelligence has been tiny for FedExs continuous planning. In the same way, business intelligence could be used in the logistics industry in general to make timely and well informed business
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