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Strategic use of IT in FedEx
Title: Strategic use of IT in FedEx
Category: Business & Economy
Details: Words: 623 | Pages: 2.7 (approximately 235 words/page)
Strategic use of IT in FedEx
-FedEx's Tight Focus on Strategic Information Systems
This emphasis on IT innovation has gained FedEx a 30 percent share in the highly competitive business to consumer express delivery market, according to Chris Newton, a senior analyst of supply chain strategies for AMR Research in Boston (CIO Magazine, 2001). In my opinion, FedEx knows that without IT their business is liveless. They look beyond transportation from point A to point B but focus on value-added services that they …showed first 75 words of 623 total…
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…showed last 75 words of 623 total…extended to manufacturing, where supply chain data has become more granular than ever. It was in 1996 , that FedEx moved its businesses to the Web: a move that even necessitated their systems to be more strategic as IT becomes a strategic necessity.
-Impressive Bottom lines Proves Strategic Use of IT
As at 2002 (InformationWeek), FedEx Corp. obtained revenues of USD,607M, and an income of USD0M. On InformationWeek's 500 companies, FedEx tops the list by employing 5,378 IT
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