FourKites claims the tool Fin represents “a significant milestone” in shifting supply chain managers from reactive to proactive decision-making, and achieving automated supply chain orchestration at scale.
The company believes the solution is “paving the way toward a revolutionary method of exploring, monitoring and leveraging supply chain data for real-time, data-driven decision-making”.
According to FourKites, Fin AI allows users to do the following:
- Assess the impact of disruptive events on their supply chain, so they can quickly isolate impacted shipments and take action.
- Quickly diagnose why a shipment isn’t tracking and bring it online to increase visibility throughout their network.
- Obtain product guidance across the entire FourKites’ product suite and distill the most relevant insights in just a few sentences.
Commenting on the release of Fin AI, FourKites founder and CEO Mathew Elenjickal said:
“FourKites is proud to be building at the leading edge of supply chain data and AI. 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. Over time, automation through Fin AI will act as a direct extension of the capabilities of those who use it.”