FedEx expands fulfilment with investment in AI robotics firm Nimble
Nimble’s automation technology will help FedEx streamline supply chain operations and improve the efficiency of its fulfilment unit.
FedEx has made a strategic investment in AI robotics and automation company Nimble to enhance its fulfilment services for small and medium-sized businesses. The investment aims to support FedEx’s Fulfilment unit, which assists businesses with order fulfilment and inventory management.
The investment comes as parcel delivery companies increasingly turn to automation to reduce costs and improve efficiency, particularly during periods of lower freight demand. FedEx believes Nimble’s automated third-party logistics solutions will help optimise supply chain operations across North America.
Scott Temple, president of FedEx Supply Chain, stated that the alliance with Nimble will expand the company’s presence in e-commerce, allowing FedEx to scale its fulfilment offerings throughout North America. The exact size of the investment has not been disclosed.
Nimble’s AI robotics technology is expected to help FedEx improve the efficiency of its fulfilment operations and further strengthen its position in the e-commerce sector.
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