FedEx
Corp. (NYSE:FDX) and Cardinal
Health (NYSE:CAH) announced today that they have formed a strategic
alliance that will enable the companies to leverage their market-leading
capabilities to provide 3PL solutions.
By combining the global transportation and logistics capabilities of
FedEx with the healthcare expertise and specialized facilities of
Cardinal Health, both companies can create tailor-made supply chain
solutions for the healthcare industry. In addition to providing access
to more than 40 warehouses and distribution facilities across the United
States, the FedEx-Cardinal Health strategic alliance offers customers a
variety of benefits, including:
-
Access to extensive global transportation networks, including the
world’s largest cargo airline
-
Delivery options that include direct-to-patient services and delivery
to specific departments in the hospital
-
Significant regulatory experience in the healthcare industry
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Access to facilities throughout the world – many located near
hospitals, business centers and other strategic locations
-
A single point of contact for supply chain and transportation needs
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Inventory and transportation visibility across the networks
“FedEx and Cardinal Health are collaborating to stay in front of our
customers’ needs and exceed their expectations,” said Carl Asmus, vice
president, Supply Chain Solutions & Market Development, FedEx Services.
“Through this collaboration, customers will have access to deploy their
inventory at over 40 distribution points across the country, access to
two proven networks that reach every U.S. ZIP code, and end-to-end
inventory and transportation visibility.”
“The healthcare market is undergoing unprecedented changes, demanding
more from an organization’s supply chain,” said Rob Doone, vice
president of Integrated Logistics Services at Cardinal Health. “The
combination of our healthcare expertise and 3PL capabilities with the
global transportation, information systems and logistics capabilities of
FedEx will bring new possibilities for healthcare manufacturers, care
providers and patients.”
FedEx and Cardinal Health have been working together for more than 10
years to create collaborative 3PL solutions for the healthcare industry.
This next phase of this relationship will provide a stronger, more
competitive 3PL offering for customers of both companies.
To learn more about FedEx healthcare shipping solutions, visit http://www.fedex.com/us/healthcare/.
For more information on Cardinal Health, visit http://www.cardinalhealth.com/.
About Cardinal Health
Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a
$101 billion health
care services company that improves the cost-effectiveness of health
care. As the business behind health care, Cardinal Health helps pharmacies,
hospitals,
ambulatory
surgery centers, clinical laboratories and physician
offices focus on patient care while reducing
costs, enhancing efficiency and improving quality. Cardinal Health
is an essential link in the health care supply chain, providing pharmaceuticals
and medical
products and services to more than 100,000 locations each day and is
also the industry-leading direct-to-home medical supplies distributor.
The company is a leading manufacturer of medical and surgical products,
including gloves,
surgical
apparel and fluid
management products. In addition, the company operates the nation's
largest network
of radiopharmacies that dispense products to aid in the early
diagnosis and treatment of disease. Ranked #19 on the Fortune 500,
Cardinal Health employs
34,000 people worldwide. More information about the company may be
found at www.cardinalhealth.com
and @CardinalHealth
on Twitter.
FedEx HealthCare Solutions
FedEx HealthCare Solutions is committed to offering specialty services
to the healthcare industry. In addition to core shipping services, FedEx
also offers customized solutions including temperature-controlled ground
and air transport, a high degree of visibility and compliance with
24-hour monitoring, and end-to-end solutions to handle storage,
fulfillment and distribution of inventory. Features such as the new
Boeing 777F aircraft being deployed between the U.S. and Asia also
benefit healthcare customers who need shorter transit times and later
pickups.
A dedicated healthcare support team works hand-in-hand with companies to
engineer ideal solutions to help healthcare customers stay competitive.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with
a broad portfolio of transportation, e-commerce and business services.
With annual revenues of $45 billion, the company offers integrated
business applications through operating companies competing collectively
and managed collaboratively, under the respected FedEx brand.
Consistently ranked among the world's most admired and trusted
employers, FedEx inspires its more than 300,000 team members to remain
"absolutely, positively" focused on safety, the highest ethical and
professional standards and the needs of their customers and communities.
For more information, visit news.fedex.com.
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