New freight visibility AI tool unveiled

With access to the largest supply chain data network, Fin AI uses artificial intelligence to help users assess the impact of disruptive events, increase visibility of shipments and access FourKites’ guidance and advice.

“FourKites is proud to be building at the leading edge of supply chain data and AI,” said FourKites founder and chief executive Mathew Elenjickal.

“With Fin AI, we are giving our customers greater depth and breadth of actionable insights across their supply chains, further empowering them to focus on the information and decisions that will move their businesses forward.”

Tracking more than three million shipments per day across the world, FourKites says it has the largest repository of supply chain data, encompassing more than 6,000 data points per shipment, over 18 million estimated times of arrival per day, and more than 62 billion miles tracked per year.

FourKites says Fin AI can help users optimise labour, transportation and inventories as well as automate time-consuming workflows.

“The biggest advantage we can give to logistics professionals right now is enabling them to eliminate time-consuming workflows and empowering them to uses data to make smarter and faster decisions,” said Brett Frankenberg, senior vice president, Technology, Process, & Systems, Coca-Cola Consolidated.

“With the launch of Fin AI, FourKites puts the breadth of its data at users’ fingertips, giving them the opportunity to focus on higher-value tasks and drive proactive change across their supply chain.”