President & CEO
FedEx Global Supply Chain Services
Senior Vice President
Tom Schmitt continually explores new territory in the development of integrated solutions, leveraging the broad capabilities of FedEx to provide tailored answers for a wide range of customer needs.
As the leader of FedEx Global Supply Chain Services, Schmitt is directly responsible for all supply chain services throughout the FedEx operating companies. In 2006, he spearheaded the launch of FedEx Critical Inventory Logistics, a revolutionary service that provides two-hour order-to-delivery times by maximizing the capabilities of the vast global FedEx supply chain network.
Schmitt built FedEx Solutions from scratch when FedEx began its period of rapid expansion and acquisition. FedEx Solutions performs as a central hub to provide customers with the right combination of services to meet their needs, from supply chain management to shipping. FedEx Solutions supports every step of the process, from the initial sales call to implementation of the customer solution. As a result of his work to establish the “secret weapon” of FedEx, he was rewarded with the Senior Officer FedEx Five Star Award, the highest internal employee honor FedEx bestows.
Before joining FedEx in 1998, Schmitt leveraged his problem solving skills working for McKinsey & Company, where he consulted with Fortune 500 companies in the areas of logistics, transportation and telecom. Prior to joining McKinsey, Schmitt worked for British Petroleum in London and the United States.
In 2007, he shared his expertise by co-authoring a book, Simple Solutions, which is sold worldwide and is the only book to have a forward written by FedEx Chairman and CEO, Frederick W. Smith. Since coming to Memphis 10 years ago, Schmitt has become a leader in the local community, and is currently the Chairman of the Board for the Memphis Regional Chamber of Commerce. In that capacity he is leading Memphis Fast Forward, the largest Economic Development initiative in Memphis’ history. As a member of the executive board of the Shelby Farms Conservancy, he is heading up a $ 50 million fundraising effort to make the largest urban park in America into a jewel for the entire community. Schmitt leverages his professional skills on the board of LOGTECH, an advisory board to the US Department of Defense which educates high-performing, high-level military officers in supply chain management and recently graduated its 1,000th officer.
A native of Biberach, Germany, Schmitt graduated with first class honors from Middlesex University in the United Kingdom. From there he went to Harvard Business School, where he received an MBA with highest distinction.
While the U.S. seeks to regain economic momentum during one of the most trying times in its history, it is also essential that we not lose sight of the strong environmental reforms – those already in place and those still to come – that are needed to secure our country’s future stability and assure our standing as a responsible global citizen.
Standard currencies that have fueled both large and small businesses for decades – such as innovative services, state-of-the-art technologies, or life-saving procedures – must make room on the dais for a new, non-negotiable currency, and that currency is environmental sustainability.
We as business leaders and consumers must step forward with urgency and accountability, and insist that business models also begin quantifying the impact that our goods and services levy on environment. When we begin to embrace the necessity of responsible stewardship through this self-grading, we will also begin to see new ways to create efficiencies and replace outmoded processes that drain resources and add cost.
Organizations that thrive over the next decade will be world-class in service, value and environmental leadership. All three. Simultaneously.