FedEx Supply Chain commences operations at new healthcare facility in Greater Memphis
October 13, 2017
FedEx Supply Chain, a subsidiary of FedEx Corp. (NYSE: FDX) and an industry-leading third-party logistics provider (3PL), has officially commenced operations at a new healthcare facility in the Greater Memphis market. This announcement marks the latest milestone as the company continues to ramp and launch operations across the U.S. and Canada.
“This new operation will prove to be an instrumental addition to our long-term growth strategy in the healthcare sector,” said Kevin McPherson, VP of Healthcare Logistics at FedEx Supply Chain. “It was designed to streamline service, which will enable heightened visibility, increase cost-effectiveness and maximize efficiencies. Our company knows that the supply chain in the healthcare industry is vital, and we take precise measures to ensure products get into the right hands, at just the right time.”
The 600,000-square-foot facility was designed to streamline service for its customer, helping them have more control, increase cost-effectiveness and maximize efficiencies.
Currently employing nearly 200 individuals in the local area, the facility provides services spanning outbound and inbound distribution across the U.S., as well as specialized packaging and kitting solutions. It’s also fully equipped with a validated warehouse management system.
Since January, FedEx Supply Chain has ramped more than 1.5 million square feet of operations for facilities spanning the country. The company also continues to work with brands to identify supply chain challenges and further build out a comprehensive network that can be leveraged to provide fast and reliable shipments.
Currently, FedEx Supply Chain manages more than 35 million square feet of warehouse space and operates in more than 130 locations across the U.S. and Canada. The company provides businesses with a comprehensive suite of integrated logistics solutions, including warehousing, distribution, transportation, e-commerce fulfillment and reverse logistics.