Real-Time Doppler Overlays & Continuously Updated Shipment ETAs Enable Proactive Supply Chain Adjustments Traceable Down To The Item Level
CHICAGO, April 17, 2018 (GLOBE NEWSWIRE) — FourKites, the leading supply chain visibility and predictive analytics platform, today unveiled Predictive Weather Intelligence, a real-time severe weather risk assessment offering that enables the world’s largest shippers and 3PLs to nimbly plan around disruptive weather events before they impact freight in-transit.
“At a time when natural disasters, including hurricanes, floods, blizzards and forest fires, cost global supply chains tens of billions of dollars each year, FourKites Predictive Weather Intelligence will empower the world’s largest shippers and 3PLs to mitigate the costly impact of extreme weather events,” said Mathew Elenjickal, FourKites’ founder and CEO. “As the world’s largest predictive supply chain visibility network, we are applying cutting-edge data science on millions of shipments to forecast the impact of severe weather on ETAs, to help our customers improve on-time delivery.”
Powered by weather forecast data updated every 15 minutes, FourKites Predictive Weather Intelligence traces the paths of shipments in transit, diagnosing the impact of real-time and forecasted weather conditions along each shipment’s route. Severe weather conditions, with the potential to materially impact routes and delivery times, are proactively communicated to supply chain execution teams along with recommendations for corrective actions.
Real-time Doppler conditions, updated every six minutes, enable supply chain execution teams to plan with a broader geographic view by tracking major weather systems moving across North America. The interactive Doppler overlay lets supply chain managers zoom into impacted areas to see the precise locations experiencing the brunt of severe weather. With that granular view, supply chain execution teams can see which routes to avoid and anticipate which regions of the country will experience the most disruptive weather events.
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For more information, visit www.fourkites.com
FourKites is the fastest-growing predictive supply chain platform, delivering real-time visibility and execution for Fortune 500 companies and third-party logistics firms. Using a proprietary algorithm to calculate shipment arrival times, FourKites enables customers to lower operating costs, improve on-time performance, and strengthen end-customer relationships. With a network of more than four million GPS/ELD devices, FourKites covers all modes including ocean, rail, parcel and over-the-road. The platform is optimized for mobile and equipped with market-leading end-to-end security. To learn more, visit www.fourkites.com.