FedEx To Open First Advanced Capability Community (ACC) in India

Rhea-AI Summary

FedEx has announced the establishment of its first Advanced Capability Community (ACC) in Hyderabad, India, set to open in the second half of 2023. This initiative is part of a multi-year strategy to enhance recruitment and develop a diverse workforce globally. The ACC will support the company's technological and digital needs and is aimed at creating a more agile organization to better serve customers. The selection of Hyderabad aligns with India's governmental initiatives to bolster a technology-driven economy and its focus on engineering talent. FedEx aims to utilize this ACC to innovate and strengthen its presence in the Asia Pacific, Middle East, and Africa markets, thereby enhancing its global supply chain ecosystem.

Positive

• Establishment of the first Advanced Capability Community in Hyderabad enhances recruitment and workforce diversity.
• Supports FedEx's long-term growth strategy in the Asia Pacific, Middle East, and Africa markets.
• Aligns with India’s push for a technology-driven economy, providing access to a skilled talent pool.

Negative

• None.

HYDERABAD, INDIA / ACCESSWIRE / April 13, 2023 / FedEx has announced plans to open its first Advanced Capability Community (ACC) in Hyderabad, India in 2023. The opening 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.

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

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. The first ACC will be situated in Hyderabad and is anticipated to launch in the second half of 2023. The state of Telangana and its capital, Hyderabad, has been focusing on its engineering and digital enterprise talent pool to support international organizations that want to set up a presence here.

"FedEx is creating the world's most flexible, efficient, and intelligent supply chain for our customers," said Raj Subramaniam, FedEx Corp. president and chief executive officer. "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."

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 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. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 550,000 employees to remain focused on safety, the highest ethical and professional standards and the needs of their customers and communities. FedEx is committed to connecting people and possibilities around the world responsibly and resourcefully, with a goal to achieve carbon-neutral operations by 2040. To learn more, please visit fedex.com/about.

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Contact Info:
Spokesperson: FedEx Corporation
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Email: info@3blmedia.com

SOURCE: FedEx Corporation

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https://www.accesswire.com/749141/FedEx-To-Open-First-Advanced-Capability-Community-ACC-in-India

FAQ

What is the purpose of FedEx's Advanced Capability Community in Hyderabad?

The ACC aims to enhance recruitment, develop a diverse workforce, and support the technological needs of FedEx globally.

When is the FedEx Advanced Capability Community in Hyderabad expected to open?

The ACC is anticipated to launch in the second half of 2023.

What are the expected benefits of the ACC for FedEx?

The ACC will enable FedEx to innovate digitally, create a flexible supply chain, and strengthen its business in the Asia Pacific, Middle East, and Africa markets.

Why was Hyderabad chosen for the first ACC?

Hyderabad was selected due to its engineering talent pool and the Indian government's focus on building a technology-driven economy.