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10 Best Supply Chain Companies to Watch 2020

FourKites – Redefining supply chain management by combining powerful machine learning with real-time data for global organizations

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As today's supply chain ecosystem grows increasingly complex, the need for real-time, end-to-end supply chain visibility is more important than ever. Supply Chain Management is an integral part of every business. The primary role of supply chain management is to improve customer service standards and reduce the overall operational costs. With the dawn of the digital era, supply chain management processes have undergone a drastic change; processes have evolved from manual and labor-intensive to a more automated system-based approach. This transformation has helped businesses grow exponentially. Just a decade back, we could never imagine a one-day delivery format, but online same-day delivery is possible. Automated techniques, like Logistics software and Warehouse management systems, are optimizing businesses and efficiently addressing customer demands.

FourKites redefines supply chain management for global organizations, which is powered by data and innovation. With the world's largest network of shippers, carriers, and 3PLs, FourKites delivers unprecedented insight enabling you to make better, more proactive supply chain decisions. The firm is dedicated to maintaining integrity across its products and network and its customers and employees. It is committed to delivering trusted insights and dependable solutions for customers, so one can always count on them being your partner for the long haul. It is also the only visibility provider that is SOC2 Type II compliant. The firm strives to move the world forward by its commitment to developing and supporting sustainable supply chains, empowering drivers to report suspicious behavior they observe along their routes, and giving back to local communities.

Revolutionary products furnished by FourKites

Gain Real-Time Predictive Visibility: FourKites takes the guesswork out of freight management. Leveraging an expansive global network of shippers, carriers, and 3PLs and advanced carrier onboarding and the industry's most precise ETAs, you'll always know where your freight is and when it will arrive anywhere, anytime. Trusted by the world's largest corporations, FourKites' Core Tracking platform applies machine learning to connect the supply chain ecosystem, maximizing efficiency, collaboration, and satisfaction both within and outside of your four walls. The company's cold-chain solution enables real-time temperature, condition, and location tracking while maintaining FSMA compliance, mitigating the risk of spoilage and shipment delays.

CarrierLink and Advanced Mobile Package: FourKites' driver-facing app, CarrierLink, improves tracking consistency while increasing driver satisfaction, safety, and overall productivity through features that include turn-by-turn navigation and ratings of facility amenities. Meanwhile, Advanced Mobile offers up a comprehensive suite of delivery process enhancements that extends connectivity to your private or dedicated fleet.

FourKites Insights: The firm gives you the capabilities to dive deeper into your supply chain data, uncovering trends, and insights that deliver unprecedented business value by connecting siloed information across your supply chain and help you optimize processes and channel data into action. FourKites' Recommendation Engine enables users to proactively manage their supply chain with prescriptive recommendations, from pickup to delivery. Recommendation Engine identifies blind spots along each shipment's journey, giving them the ability to transform risks into opportunities to delight customers.

Network Solutions: FourKites helps you optimize your supply chain ecosystem through seamless collaboration with your supply chain partners. Drive higher productivity, utilization, and efficiency across your entire supply chain with the most trusted name in supply chain visibility. The film shines a light on your entire supply chain, delivering unprecedented clarity and data transparency on every load that matters to you.

The Visionary leader behind the success of FourKites

Matt Elenjickal is the Founder and also serves as the Chief Executive Officer of FourKites. He founded FourKites in 2014 after recognizing pain points in the logistics industry and designing elegant and effective systems to address them. Before founding FourKites, he spent seven years in the enterprise software space working for market leaders such as Oracle Corp and i2 Technologies/JDA Software Group. Mr. Matt has led high-impact teams that implemented logistics strategies and systems at P&G, Nestle, Kraft, Anheuser-Busch Inbev, Tyco, Argos, and Nokia across North America, Western Europe, and Latin America. Matt is passionate about logistics and supply chain management and has a keen sense of how technology can disrupt traditional silo-based planning and execution.

Matt holds a BS in Mechanical Engineering from College of Engineering, Guindy, an MS in Industrial Engineering and Management Science from Northwestern University, and an MBA from Northwestern's Kellogg School of Management. He lives in Chicago.

“We help brands lower operating costs and improve on-time performance so that our customers can better serve theirs.”