FedEx Supply Chain - Genco
FedEx Supply Chain - Genco
Industry
About FedEx Supply Chain - Genco
FedEx Supply Chain, formerly known as GENCO, is a leading third-party logistics (3PL) provider specializing in comprehensive supply chain solutions across various industries. These industries include technology, retail, consumer goods, industrial sectors, and healthcare.
Established in 1898 as H. Shear Trucking Company in Pittsburgh, Pennsylvania, the company has evolved into a significant player in the logistics industry. In 2015, FedEx Corporation acquired GENCO, integrating it into its portfolio to enhance its supply chain capabilities.
Operations and Services
Operating over 130 warehouse locations spanning approximately 38 million square feet throughout North America, FedEx Supply Chain offers a diverse range of services. These are designed to optimize supply chain operations and include:
- Inbound logistics
- Warehousing and distribution
- Fulfillment
- Contract packaging
- Managed transportation
- Systems integration
- Returns processing and disposition
- Test, repair, refurbishment
- Product liquidation and recycling
This extensive service portfolio enables businesses to build flexible and scalable networks, minimize costs, mitigate supply chain risks, and improve customer service.
Innovations in Healthcare Logistics
A notable innovation by FedEx Supply Chain is the introduction of multi-tenant warehouse solutions tailored for healthcare manufacturers. These facilities provide scalable and cost-effective storage options for medical devices, diagnostic testing, and pharmaceuticals.
Located in Memphis, Tennessee, and Milton, Ontario, Canada, these warehouses allow manufacturers to share resources and infrastructure. This approach achieves operational efficiencies and maintains regulatory compliance without the burden of fixed operating costs.
Technology and Expansion
In 2024, FedEx Supply Chain expanded its capabilities by investing in Nimble, an AI robotics and autonomous technology company. This strategic move aims to enhance the FedEx Fulfillment unit, which supports small and medium-sized businesses with order fulfillment and inventory management.
The integration of Nimble's automated solutions is expected to streamline supply chain operations across North America, particularly in the e-commerce sector.
Commitment and Presence
FedEx Supply Chain's commitment to innovation and customer-centric solutions has solidified its position as a trusted partner in supply chain management. It offers tailored services that address the unique challenges of various industries.
Locations
The company has a significant presence in Bensalem, Pennsylvania, USA. It also operates facilities at:
- Bensalem, PA, USA
- Rialto, California, USA, at 1364 W Rialto Ave #B, Rialto, CA 92376
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