ClearMetal Adds Amazon's Former Head of Global Logistics to Board of Directors and New Executives to Advisory Board
ClearMetal, a leader in Continuous Delivery Experience (CDX) for supply chain and logistics solutions, today announced the addition of Ed Feitzinger to its Board along with two new Executive Advisors, Tom Linton and Walter Charles III.
Feitzinger was most recently VP of Global Logistics for Amazon, with prior roles as CEO of UTi Worldwide and VP Global Logistics at HP. At Amazon, Feitzinger was responsible for international inbound and outbound international logistics, as well as customer fulfillment in Amazon's emerging countries. Linton most recently served as Chief Supply Chain Officer at Flex and was Chief Procurement Officer at both LG and Freescale (News - Alert). Charles served as Senior Vice President and Chief Procurement Officer at Allergan and held similar roles prior at Biogen, Kellogg, Kraft and Johnson & Johnson.
ClearMetal's software platform helps companies dramatically reduce freight variability and improve customer experience. "E-commerce has made every shipper acutely aware of the impact of the supply chain on customer experience," said Feitzinger. "I was captivated by how ClearMetal enables dynamic, door to door freight management, increasing on-time delivery over 50%, improving cash-flow, reducing inventory, and enhancing ClearMetal client's customer experience."
The COVID-19 pandemic has further exposed that supply chains are not set up to handle continuously evolving customer demands. Current available data is inaccurate, systems are antiquated and processes are generally rigid and conducted on a static versu continuous basis. For example, transport lead-times and customer promise dates are often generated by using a transit table that's many months or a year old; shipments are usually monitored manually from carrier websites and statuses are emailed in excel files to customers. By contrast, ClearMetal's CDX Data Platform is based on a continuous methodology and uses machine learning software to dynamically provide accurate lead-times, automatically monitor in-transit shipments and exceptions, and leverage real-time order visibility from supplier to customer all via a cloud-based software platform, portal, and set of APIs.
"Supply chain is about resiliency, agility and transparency," said Linton. "Digitization alone counts for nothing if you do not provide your organization with a platform that enables these three elements. ClearMetal has cracked the code by providing trusted data that is foundational for any modern supply chain. Their applications geared toward dynamic transport planning, improvement of on-time-delivery metrics, and customer transparency are all exceptional while ClearMetal's customer portal provides the differentiation that many supply chains need."
ClearMetal's 'Continuous Delivery' solutions help companies determine an accurate lead-time, promise-date, and inventory level based on freight transportation mode, carrier, routing and the likelihood of exceptions along that route. This solution set also enables real-time monitoring and exception management of shipments in transit. These capabilities help reduce transportation costs and improve reliability and cashflow. ClearMetal's 'Continuous Experience' solutions include a unique Connect Portal that enables end to end visibility of shipments coming from suppliers, going out to customers, and while being handled by partners. This portal enables a company to receive inbound visibility of shipments coming from its suppliers so that the company can more accurately plan manufacturing production, drayage, and warehouse labor. In turn, the portal also provides this same order-level visibility of shipments sent outbound to customers-- enabling these customers to not only receive exception alerts but also self-serve by viewing the real-time status of shipments coming to them via a single trusted screen.
"As a CPO at a number of companies, I've seen my teams continually face the challenge of improving on-time-in-full metrics while simultaneously slashing logistics costs, all without the tools to enable success," said Charles. "ClearMetal has something unique here, allowing procurement and supply chain teams to have near real-time insight on all inbound shipments as well as dynamic, trusted data to reduce wasted operational expenses."
ClearMetal, Inc., based in San Francisco, CA (News - Alert) (USA), is a leader in the Continuous Delivery Experience (CDX), enabling supply chain organizations to optimize logistics and provide their customers with easy access to trusted, live information about their shipments and a customer experience that is a differentiator and revenue accelerant. The ClearMetal CDX Platform uses proprietary machine learning to break free from static-visibility paradigms and turn supply chains from a cost center to a competitive advantage. ClearMetal was founded by top software engineers, data scientists, and operations researchers from Stanford University, Google (News - Alert), and Silicon Valley and is funded by Eclipse Ventures, Prelude Ventures, Innovation Endeavors, NEA, SAP.io, Prologis Ventures, PSA Unboxed, DCLI, and the founders of GT Nexus, Navis, and Uber Freight. For more information visit www.clearmetal.com.
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