FedEx to open first Advanced Capability Community in Hyderabad

at 7:25 pm

New Delhi: FedEx, a US-based global giant in transportation, e-commerce and business services, has announced plans to open its first Advanced Capability Community (ACC) in Hyderabad this year, with an aim of achieving its long-term vision to increase its operations in Asia Pacific, Middle East and Africa.

The opening, expected in the second half of 2023, is part of a broader multi-year initiative to strengthen the recruitment and development of the company’s diverse workforce all around the world and build a more efficient and agile organization to enhance how we deliver for our customers, the company said.

FedEx plans to set up ACCs in different parts of the world in the future.

Locations will be selected based on business needs and access to highly skilled talent pools.

Each community is planned to be staffed by full-time FedEx team members across many functional areas who will provide shared services to support the technological and digital requirements of the entire FedEx enterprise, it said in a statement.

The digital innovation these communities will provide will enable the company to provide even greater value in the global supply chain ecosystem, the company said.

The India government’s focus on providing world-class infrastructure to build a technology-driven and knowledge-based economy makes the country an ideal location for the first ACC, it said.

“FedEx is creating the world’s most flexible, efficient, and intelligent supply chain for our customers,” Raj Subramaniam, FedEx Corp. President and Chief Executive Officer, was quoted as saying.

“The opening of our first Advanced Capability Community in India, a critical market for FedEx, will enable us to be faster, more flexible, and secure as we innovate digitally. This move supports our long-term vision to grow our Asia Pacific, Middle East, and Africa business as well as provide opportunities to develop technology for the benefit of our global customers,” he said.

With annual revenue of $94 billion, the company offers integrated business solutions through operating companies competing collectively, operating collaboratively and innovating digitally under the respected FedEx brand.