FourKites, a renowned leader in supply chain visibility solutions, has unveiled a groundbreaking innovation with the launch of Fin AI, a natural language interface. FourKites is ushering in a new era of supply chain visibility and decision-making. This cutting-edge technology is designed to empower supply chain professionals by surfacing invaluable insights, identifying optimization opportunities, and automating critical tasks. The launch signifies a pivotal step in addressing the prevalent issue of data silos and transforming supply chain management from a reactive to a proactive paradigm.
Leveraging the power of generative artificial intelligence, Fin AI offers users an intuitive natural language interface, enabling them to assess the impact of disruptive events, diagnose tracking anomalies, and access product guidance seamlessly across the FourKites suite. This transformative solution aims to elevate real-time, data-driven decision-making in supply chain management.
With its extensive capabilities and access to a vast supply chain data network, the company is well-positioned to continue driving innovation in the industry. FourKites provides even more value to its customers by tracking over 3 million shipments daily and providing a wealth of supply chain data, including estimated arrival times and miles tracked. Fin AI's potential extends beyond insights into optimizing labor, transportation, and inventory to automating various workflows, providing a comprehensive solution for supply chain management. The announcement of Fin AI at Visibility 2023, attended by supply chain leaders from renowned brands worldwide, highlights the company's commitment to shaping the future of supply chain visibility and efficiency.
Mathew Elenjickal, FourKites Founder and CEO, commented,
FourKites is proud to be building at the leading edge of supply chain data and AI. With Fin AI, we are giving our customers greater depth and breadth of actionable insights across their supply chains, further empowering them to focus on information and decisions that will move their businesses forward. Over time, automation through Fin AI will act as a direct extension of the capabilities of those who use it.
[Source – Business Wire]
Brett Frankenberg, Senior Vice President, Technology, Process, & Systems at Coca-Cola Consolidated, emphasized that the most significant advantage for logistics professionals is the ability to streamline time-consuming processes and harness data for quicker, more informed choices. He noted that FourKites' introduction of Fin AI makes a wealth of data readily accessible to users, enabling them to prioritize more valuable responsibilities and initiate proactive transformations within their supply chains.
About FourKites
FourKites, a leading global supply chain visibility platform, is renowned for its expertise in extending visibility throughout the supply chain, encompassing yards, warehouses, retail locations, and beyond. With a daily tracking capacity exceeding 3 million shipments, spanning road, rail, ocean, air, parcel, and last-mile deliveries, FourKites operates in over 200 countries and territories worldwide. The company leverages real-time data and advanced machine learning techniques to enable organizations to digitize their end-to-end supply chain operations. Trusted by over 1,200 of the world's most prominent brands, including nine of the top-10 Consumer Packaged Goods (CPG) and 18 of the top-20 food and beverage companies, FourKites empowers businesses to achieve greater agility, efficiency, and sustainability within their supply chains.