CHICAGO, Aug. 28, 2018 /PRNewswire-PRWeb/ -- Exide Technologies, a global provider of stored electrical energy solutions, has selected FourKites to provide real-time end-to-end supply chain visibility and predictive analytics across its operations. The partnership includes a FourKites-powered "last mile" visibility solution that will enable Exide to optimize order-to-cash workflow by digitizing a previously paper-based proof of delivery (POD) process. This innovative solution will allow Exide to track automotive batteries all the way to their final customer destinations, in addition to tracking the return of spent automotive batteries collected from battery replacement location sites, such as auto repair shops and aftermarket automotive supply retailers.
Given that a significant percentage of each automotive battery is recyclable, with core components melted down and re-integrated into the production of new batteries, this state-of-the-art return-tracking solution gives Exide visibility into the inbound flow of component materials headed toward the company's manufacturing facilities, serving as a crucial input for Exide's Materials Resource Planning (MRP) process.
Exide will also use FourKites to optimize its outbound logistics network, tracking shipments through the company's distribution centers by planning proactively at each branch location, and notifying end-customers of precise arrival time predictions through the final mile tracking solution.
"Precision in delivering the right product to our customers at the right time is essential in our business, which is why we have partnered with FourKites to harness the power of technology to achieve market-leading fulfillment," said Andrew Mosteller, Director of Logistics. "After a comprehensive assessment of visibility providers, we determined FourKites was best suited to track our complex supply chain all the way through the final mile, enabling us to deliver the best customer experience."
Exide will use FourKites to track across transportation modes, including shipments moving by less-than-truckload (LTL), full truckload, and rail. Exide will also use FourKites Insights and Benchmarking, the world's most in-depth supply chain predictive analytics suite, to gain actionable intelligence across its operations and to compare its performance metrics against anonymized averages on the FourKites shipper network.
"We are pleased to welcome Exide to FourKites' fast-growing network of enterprise shippers, and to deliver a final-mile solution for their operation," said Mathew Elenjickal, founder and CEO of FourKites. "Exide's decision to gain precise, GPS-based predictive visibility across its supply chain exemplifies how the company is using technology to optimize its customer experience."
For more information on FourKites, visit http://www.fourkites.com.
About Exide Technologies
Exide Technologies is a global provider of stored electrical energy solutions—batteries and associated equipment and services for transportation and industrial markets. With 128 years of industry experience and operating in more than 80 countries, Exide produces and recycles a broad range of products that keep customers and their businesses powering forward.
The Exide Transportation business manufactures and markets starting, deep-cycle, and micro-hybrid batteries for automotive, light and heavy-duty truck, agricultural, marine, military, powersport, and other specialty applications, along with battery diagnostic equipment and charging systems.
Exide serves the Industrial Power markets with its GNB®-branded efficient energy storage systems for both Motive Power and Network Power customers. Motive Power applications include materials handling (power for lift trucks, airside assistance vehicles, and automatic guided vehicles); cleaning machines; railroads; military and mining vehicles; and other commercial electric vehicles. Network Power installations include standby power for electric utilities; telecommunications systems; alarm/security systems; renewable energy systems; railway systems; uninterruptible power supply (UPS); and defense industry equipment.
Exide Technologies is Powering the World Forward. History and scale, combined with a start-up mentality, make Exide the right choice for customers who want more than simply a battery supplier.
About FourKites
FourKites is the fastest-growing predictive supply chain visibility platform, delivering real-time visibility and predictive analytics for the broadest network of 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 http://www.fourkites.com.
SOURCE FourKites
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