FourKites and Cardinal Health (NYSE: CAH) introduced at the moment a worldwide partnership to boost monitoring of medical tools, pharmaceutical merchandise, first help provides and private protecting tools (PPE) in transit to hospitals, pharmacies and different care amenities worldwide. FourKites’ superior monitoring and analytics capabilities will assist Cardinal Health optimize provide chain operations and allow a quick, dependable and frictionless expertise for the 29,000 pharmacies and practically 90 p.c of American hospitals that rely on Cardinal Health for crucial provides.
“Delivery of healthcare products directly impacts patients, and ensuring these products reach their destinations on time and in full has never been more critical. This type of transparency helps build trust in the connection between the Cardinal Health supply chain and our customers,” mentioned Sean Halligan, SVP of Pharmaceutical Operations at Cardinal Health. “By partnering with FourKites, we will have end-to-end visibility to see products in transit and make any necessary adjustments to provide a frictionless experience to our customers everywhere and help them better serve their patients.”
FourKites will function the central knowledge hub for Cardinal Health’s next-generation cognitive provide chain community, which mixes real-time provide chain visibility, machine studying and synthetic intelligence capabilities to facilitate the unencumbered move of stock all through the provision chain. Cardinal Health’s cognitive provide chain will give clients full visibility to community in-transit shipments through Cardinal Health’s ordering platforms. In addition, it will assist the trade predict demand; higher handle and shield merchandise in transit; and observe and account for merchandise as they’re delivered. This workflow will lead to a leaner, extra optimized healthcare provide chain, and higher outcomes for customers.
FourKites distinguished itself in a aggressive bid based mostly on its main community of Global 1000 firms and third-party logistics companies; superior multimodal, end-to-end capabilities; observe document for customer-driven innovation; and unmatched capacity to deliver collectively all of Cardinal Health’s key stakeholders — inside teams, distributors, clients and medical producers — to collaborate on provide chain optimization. Together with FourKites, Cardinal Health’s Procurement, Transportation, Warehousing and Store Management groups can collaborate extra seamlessly with companions and clients to offer a world-class buyer expertise.
“Distributing medical products comes with many complexities — security, temperature control, trade challenges, multiple geographies and transportation modes, transit times, and carrier capacity — that have to be precisely managed and tightly coordinated across a large network of stakeholders,” mentioned FourKites CEO and Founder Mathew Elenjickal. “We are honored to be selected by Cardinal Health to provide real-time visibility into these critical shipments and to help the company execute on its broader vision for a cognitive supply chain.”
FourKites’ work with Cardinal Health started throughout the onset of the COVID-19 pandemic with a pilot program designed to offer the corporate with middle-mile visibility into PPE shipments as demand for its merchandise surged. During this preliminary engagement, FourKites and Cardinal Health constructed a brand new courier monitoring resolution to particularly deal with the distinctive necessities for healthcare merchandise that want exact temperature controls and “white glove treatment” throughout transport. FourKites and Cardinal Health will proceed to collaborate on modern new capabilities for the healthcare market.
Cardinal Health is a distributor of prescription drugs, a worldwide producer and distributor of medical and laboratory merchandise, and a supplier of efficiency and knowledge options for well being care amenities. With 50 years in enterprise, operations in additional than 40 nations and roughly 48,000 workers globally, Cardinal Health is crucial to care. Information about Cardinal Health is out there at cardinalhealth.com.
FourKites is the #1 provide chain visibility platform on the earth, extending visibility past transportation into yards, warehouses, shops and past. Tracking greater than 1 million shipments every day throughout street, rail, ocean, air, parcel and courier, and reaching 176 nations, FourKites combines real-time knowledge and highly effective machine studying to assist firms digitize their end-to-end provide chains. More than 500 of the world’s most acknowledged manufacturers — together with 9 of the top-10 CPG and 18 of the top-20 meals and beverage firms — belief FourKites to rework their enterprise and create extra agile, environment friendly and sustainable provide chains. To be taught extra about FourKites, go to https://www.fourkites.com.