Latest news with #IntelligentControlTower
Business Wire
09-07-2025
- Business
- Business Wire
Former McDonald's Supply Chain Leader Bob Stewart Joins FourKites' Strategic Advisory Council
CHICAGO--(BUSINESS WIRE)-- FourKites ®, the global leader in AI-driven supply chain transformation, today announced that Bob Stewart, former Senior Vice President and Chief Supply Chain Officer, North America at McDonald's, has joined its Strategic Advisory Council. Stewart brings 30 years of experience managing one of the world's most complex supply chains to FourKites' advisory council, where he will provide strategic guidance on product innovation and customer advocacy. Bob's experience leading McDonald's supply chain transformation and his deep understanding of global logistics challenges will be invaluable as we continue to evolve our platform and expand our market leadership. Share During his tenure at McDonald's, Stewart oversaw supply chain strategy for more than 15,000 restaurants across the U.S. and Canada, managing nearly $14 billion in food, beverage, equipment, packaging, and distribution resources. As SVP & Chief Supply Chain Officer for North America, he led digital transformation initiatives that enhanced transparency and operational efficiency across the company's supplier and distribution network. "AI-powered automation is fundamentally changing how global enterprises approach supply chain management," said Stewart. "FourKites has moved beyond traditional tracking to create systems that can understand, decide and act autonomously. I look forward to helping advance technologies that orchestrate complex logistics operations with minimal human intervention." FourKites' Strategic Advisory Council brings together accomplished supply chain executives with decades of hands-on experience. The Council represents FourKites' commitment to understanding the practical realities supply chain leaders face, ensuring the company's solutions address genuine market needs. "Bob brings a unique combination of operational expertise and strategic vision to our Council," said Mathew Elenjickal, Founder and CEO of FourKites. "His experience leading McDonald's supply chain transformation and his deep understanding of global logistics challenges will be invaluable as we continue to evolve our platform and expand our market leadership." Stewart will bring his transformation expertise directly to supply chain leaders at FourKites Summit 2025, where he'll lead a panel that explores how supply chain partners can share data and generate insights that individual companies cannot achieve independently, transforming linear supply chains into collaborative systems. The August 26-27 Chicago conference features hands-on workshops and case studies from executives who've successfully deployed AI-driven supply chain strategies, with limited seats available for the executive-focused format. Stewart's appointment follows FourKites' evolution beyond real-time visibility to offer the industry's only Intelligent Control Tower™. This platform combines supply chain network data with digital twins and a Digital Workforce of AI agents that autonomously act on visibility data, preventing disruptions before they occur and orchestrating complex supply chain operations. About FourKites FourKites®, the leader in AI-driven supply chain transformation for global enterprises and pioneer of advanced real-time visibility, turns supply chain data into automated action. FourKites' Intelligent Control Tower™ breaks down enterprise silos by creating a real-time digital twin of orders, shipments, inventory and assets. This comprehensive view, combined with AI-powered digital workers, enables companies to prevent disruptions, automate routine tasks, and optimize performance across their supply chain. FourKites processes over 3.2 million supply chain events daily — from purchase orders to final delivery — helping 1,600+ global brands prevent disruptions, make faster decisions and move from reactive tracking to proactive supply chain orchestration.
Yahoo
12-06-2025
- Business
- Yahoo
Former Michelin Executive Pascal Zammit Joins FourKites' Strategic Advisory Council
Supply chain and digital transformation expert brings global manufacturing expertise to platform's advisory council CHICAGO, June 12, 2025--(BUSINESS WIRE)--FourKites®, the global leader in AI-driven supply chain transformation, today announced that Pascal Zammit, former Senior Vice President at Michelin Group, has joined its Strategic Advisory Council. Zammit brings extensive experience in global supply chain operations and digital transformation to FourKites' advisory council, where he will provide strategic guidance on product innovation and market expansion. During his distinguished career at Michelin, Zammit led the global supply chain organization and spearheaded the launch of the Connected Mobility business unit. His accomplishments include transforming Michelin's supply chain across Europe, implementing advanced technologies including AI, IoT, and blockchain, and establishing a comprehensive worldwide S&OP/IBP process. "Industrial supply chains must evolve — from reactive systems to operations that are more predictive, more autonomous, but also more integrated with suppliers and customers and more understandable to operational teams — in order to deliver both Customer and Employee experiences that are key to business competitiveness," said Zammit. "FourKites has developed an artificial intelligence end-to-end platform that doesn't just react to events, but actively orchestrates complex operations with only the necessary level of human intervention. This represents the future of supply chain management: systems that are usable and understandable by frontline operational teams and close to the customers and suppliers, capable of sensing, analyzing, and proposing decisions quickly and efficiently. And doing so autonomously when needed, depending on the specific supply chain performance requirements of each business." FourKites' Strategic Advisory Council brings together accomplished supply chain executives with decades of hands-on experience. The Council represents FourKites' commitment to understanding the practical realities supply chain leaders face, ensuring the company's solutions address genuine market needs. "Pascal's experience driving global transformation at complex organizations provides him with unique insight into the challenges faced by manufacturers operating across multiple markets and product lines," said Mathew Elenjickal, Founder and CEO of FourKites. "His proven track record of implementing advanced technologies at Michelin and achieving measurable business outcomes makes him an ideal advisor as we continue to evolve our platform. Pascal's strategic vision aligns perfectly with our mission to transform supply chains from reactive monitoring systems into autonomous operations that can sense, analyze, and execute decisions with minimal human intervention." Zammit's appointment follows FourKites' evolution beyond real-time visibility to offer the industry's only Intelligent Control Tower™. This platform combines supply chain network data with digital twins and a Digital Workforce of AI agents that autonomously act on visibility data, preventing disruptions before they occur and orchestrating complex supply chain operations. Before joining Michelin in 1997, Zammit worked as a consultant at Cap Gemini following his post-graduate studies at INSA Lyon in France. Since 2021, he has served as a senior advisor for SaaS solutions providers and consultancy firms, and joined Paris Panthéon Assas University as an Associate Professor in Supply Chain and Logistics. Zammit will share his expertise on scaling operational excellence through digital workers at FourKites Summit in his session "The Digital Workforce Advantage: Scaling Excellence Through AI," drawing on his experience transforming Michelin's global supply chain operations to demonstrate how organizations can eliminate operational variance across complex multinational operations. The two-day conference takes place August 26-27, 2025 in Chicago and brings together supply chain leaders for hands-on learning about AI-powered transformation — registration is available at About FourKites FourKites®, the leader in AI-driven supply chain transformation for global enterprises and pioneer of real-time visibility, turns supply chain data into automated action. FourKites' Intelligent Control Tower™ breaks down enterprise silos by creating a real-time digital twin of orders, shipments, inventory and assets. This comprehensive view, combined with AI-powered digital workers, enables companies to prevent disruptions, automate routine tasks, and optimize performance across their supply chain. FourKites processes over 3.2 million supply chain events daily — from purchase orders to final delivery — helping 1,600+ global brands prevent disruptions, make faster decisions and move from reactive tracking to proactive supply chain orchestration. View source version on Contacts Media inquiries: press@ Sign in to access your portfolio
Yahoo
10-06-2025
- Business
- Yahoo
Former Dollar Tree CIO Josh Jewett Joins FourKites' Strategic Advisory Council
Retail technology leader brings strategic IT expertise to supply chain platform's advisory council CHICAGO, June 10, 2025--(BUSINESS WIRE)--FourKites®, the global leader in AI-driven supply chain transformation, today announced that Josh Jewett, operating partner at NewRoad Capital Partners and former Chief Information Officer at Family Dollar and Dollar Tree, has joined its Strategic Advisory Council. Jewett brings extensive experience in retail technology strategy to FourKites' advisory council, where he will provide strategic guidance on product innovation and market expansion. During his eighteen-year tenure as CIO at Family Dollar and Dollar Tree, Jewett transformed the IT function and deployed advanced technical solutions to enable growth and new business models. In his current role at NewRoad Capital Partners, an SEC-registered investment firm focused on Supply Chain & Logistics and Retail & Consumer Packaged Goods sectors, Jewett performs pre-investment due diligence, provides strategic guidance, and brokers industry contacts for portfolio companies. "The retail industry demands supply chain systems that can make autonomous decisions at the speed of consumer demand," said Jewett. "FourKites has built an impressive AI-driven platform that doesn't just present data but actively orchestrates operations based on real-time intelligence. This shift from passive monitoring to proactive automation represents the future of retail supply chains." FourKites' Strategic Advisory Council brings together accomplished supply chain executives with decades of hands-on experience. The Council represents FourKites' commitment to understanding the practical realities supply chain leaders face, ensuring the company's solutions address genuine market needs. "Josh's experience transforming IT operations at major retailers gives him unique insight into the challenges our customers face," said Mathew Elenjickal, Founder and CEO of FourKites. "His proven track record deploying technology solutions that support business growth will be invaluable as we continue to evolve our platform to address complex retail supply chain challenges." Jewett's appointment follows FourKites' evolution beyond real-time visibility to offer the industry's only Intelligent Control Tower™. This platform combines supply chain network data with digital twins and a Digital Workforce of AI agents that autonomously act on visibility data, preventing disruptions before they occur and orchestrating complex supply chain operations. Jewett's leadership has been recognized by multiple industry organizations. He was named "CIO of the Year, Strategic Impact" by RIS News in 2013 and chosen as CIO of the Year by the Charlotte Business Journal that same year. FourKites' customer co-innovation approach has defined the company since its founding. Through initiatives like the FourKites IdeaExchange, customer challenges directly shape the company's product roadmap, with more than 60% of features originating from customer suggestions. This collaborative approach has produced breakthrough solutions, enabling FourKites to transform how enterprises manage their supply chains. About FourKites FourKites®, the leader in AI-driven supply chain transformation for global enterprises and pioneer of real-time visibility, turns supply chain data into automated action. FourKites' Intelligent Control Tower™ breaks down enterprise silos by creating a real-time digital twin of orders, shipments, inventory and assets. This comprehensive view, combined with AI-powered digital workers, enables companies to prevent disruptions, automate routine tasks, and optimize performance across their supply chain. FourKites processes over 3.2 million supply chain events daily — from purchase orders to final delivery — helping 1,600+ global brands prevent disruptions, make faster decisions and move from reactive tracking to proactive supply chain orchestration. View source version on Contacts Media inquiries: press@ Sign in to access your portfolio
Business Wire
28-05-2025
- Business
- Business Wire
Supply Chain Technology Expert Luis Solana Joins FourKites' Strategic Advisory Council
CHICAGO--(BUSINESS WIRE)--FourKites, the global leader in AI-driven supply chain transformation, today announced that Luis Solana, an experienced supply chain executive with expertise across diverse industries and regions, has joined its Strategic Advisory Council. Solana brings extensive experience in end-to-end supply chain management to FourKites' advisory council, where he will provide strategic guidance on product innovation and market expansion. Throughout his career, Solana has led large-scale physical and digital initiatives across best-in-class brands including Henkel, Bridgestone, Coty, Colgate-Palmolive and DHL. His expertise lies in identifying, developing, and scaling supply chain technology platforms to drive EBITDA growth. Fluent in English, Spanish and Portuguese, Solana has lived across the United States, Mexico and Brazil, bringing valuable multi-cultural perspective to his leadership roles. "Supply chain automation represents the next wave of competitive advantage for global enterprises," said Solana. "FourKites has built an AI platform that transforms traditional operations into intelligent, self-orchestrating systems. Companies that embrace these autonomous capabilities will significantly outperform those still relying on manual coordination and reactive management approaches." FourKites' Strategic Advisory Council brings together accomplished supply chain executives with decades of hands-on experience. The Council represents FourKites' commitment to understanding the practical realities supply chain leaders face, ensuring the company's solutions address genuine market needs. "Luis's cross-industry experience and global perspective bring valuable insights to our Council," said Mathew Elenjickal, Founder and CEO of FourKites. "His expertise in scaling supply chain technology initiatives across diverse organizations aligns perfectly with our mission to transform how enterprises manage complex global operations." Solana's appointment follows FourKites' evolution beyond real-time visibility to offer the industry's only Intelligent Control Tower™. This platform combines supply chain network data with digital twins and a Digital Workforce of AI agents that autonomously act on visibility data, preventing disruptions before they occur and orchestrating complex supply chain operations. Solana holds an MBA from Harvard Business School and an industrial engineering degree from Universidad Panamericana. He is accredited by Harvard Business School Executive Education in Foundations of Private Equity and Venture Capital, and in Competing in the Age of Artificial Intelligence. His professional affiliations include membership in the Latino Corporate Directors Association (LCDA), Private Directors Association (PDA), Association for Corporate Growth (ACG), and Blackmore Connects (BMC). He is also affiliated with Tompkins Ventures as Business Partner and Coach, and with Ceiba Capital Partners and Cambridge Capital as a Private Equity Operating Advisor. Luis is also an Investor in Latino entrepreneurial ventures, as a Limited Partner in Angeles Ventures fund, and as an independent investor in Angeles Investors. FourKites' customer co-innovation approach has defined the company since its founding. Through initiatives like the FourKites IdeaExchange, customer challenges directly shape the company's product roadmap, with more than 60% of features originating from customer suggestions. This collaborative approach has produced breakthrough solutions, enabling FourKites to transform how enterprises manage their supply chains. About FourKites FourKites ®, the leader in AI-driven supply chain transformation for global enterprises and pioneer of real-time visibility, turns supply chain data into automated action. FourKites' Intelligent Control Tower™ breaks down enterprise silos by creating a real-time digital twin of orders, shipments, inventory and assets. This comprehensive view, combined with AI-powered digital workers, enables companies to prevent disruptions, automate routine tasks, and optimize performance across their supply chain. FourKites processes over 3.2 million supply chain events daily — from purchase orders to final delivery — helping 1,600+ global brands prevent disruptions, make faster decisions and move from reactive tracking to proactive supply chain orchestration.
Techday NZ
07-05-2025
- Business
- Techday NZ
FourKites & Chorus launch digital twins for supply chains
FourKites and Chorus have formed a strategic partnership intended to provide enterprises with enhanced supply chain visibility and digital inventory management. The collaboration integrates Chorus' item-level sensors and artificial intelligence-powered orchestration tools with the FourKites Intelligent Control Tower platform, which together create digital twins combining real-time supply chain events with granular package insights. The partnership aims to reduce inventory carrying costs, prevent stockouts and overstock, mitigate theft and damages, optimise safety stock levels, and improve service performance. According to research from IHL Group, inventory distortion currently costs companies $1.77 trillion annually. Traditional tracking systems have struggled to provide real-time, granular information at the package or SKU level, leading to costly inefficiencies. The partnership seeks to address these gaps by leveraging advanced technology for more accurate and timely inventory monitoring. Chorus' Seeker labels generate item-level data on the condition and location of goods, offering the foundation for AI-driven inventory management that covers not just inventory at rest but also goods in transit. Meanwhile, Chorus' Trip Intelligence system extends visibility into ongoing fulfilment, providing asset-level estimated arrival times and real-time anomaly detection to help prevent delays or losses. By combining Chorus' sensing technologies and real-time analytics with FourKites' supply chain network and digital shipment twins, businesses can access what the companies describe as a "unified view of their supply chain" with improved accuracy, consistency, and reduced latency compared to existing tracking systems. Through the alliance, FourKites will launch two new modules within its Intelligent Control Tower. The first, Precision Inventory Twin, will enable real-time digital representation of physical inventory, including condition tracking. The second, Dynamic Inventory Orchestration, uses AI to automatically optimise where inventory is kept, reduce waste, and lower working capital requirements, all while targeting improved service levels. Mathew Elenjickal, Founder and Chief Executive Officer at FourKites, said: "For decades, companies have tried to solve inventory problems with software that can't accurately represent what's happening in the physical world. With Chorus, we're creating a dynamic digital twin of inventory in motion and at rest, enabling our AI engines to not just recommend better decisions, but autonomously execute them." The partnership's initial focus addresses two critical segments. The first is critical goods inventory management for sectors such as pharmaceuticals, high technology, and medical devices. In these industries, disconnected systems and inaccurate data have resulted in either over-supply or frequent stockouts, both with significant cost implications. The second segment is consigned inventory management for firms with substantial capital tied up in stock, where losses from product expiry and unnecessary buffer stocks can reach tens to hundreds of millions of currency units annually. Customers who implement the joint solution are expected to benefit from reduced product loss and waste through condition monitoring, lower safety stock levels while retaining service quality, improvements to working capital, automated inventory balancing and optimisation, and greater supply chain resilience via predictive disruption management. Suresh Vishnubhatla, Chief Executive Officer at Chorus, commented: "The future of the supply chain is autonomous, but autonomy requires the fusion of physical and digital worlds and properly informed ML models. By combining Chorus' item-level visibility and highly granular ML models with FourKites' AI-powered automations, we're creating a nervous system for the modern supply chain that can react and optimise without human intervention." The partnership comes at a time when supply chain volatility and complexity are challenging companies globally. Research from McKinsey suggests that digitising supply chains could reduce operational costs by up to 30% and decrease inventories by as much as 75%. The first integrated modules from FourKites and Chorus' alliance will be available for select customers in the second quarter of 2025, with broader general availability planned for the third quarter of the same year.
