Introduction
In today’s’ fast moving world delivery of packages, parcels, documents, goods in a timely and guaranteed manner is of absolute importance. With the fast moving trend of online businesses, auctions etc. The need for fast and reliable package delivery is growing. The logistics industry has received globally, a lot of publicity regarding the industry’s attitudes on, and actions in, corporate responsibility issues. The different stakeholder groups are interested in the logistics industry’s ways of action concerning these issues. The logistics industry has had to react to these new kinds of demands and questions from the stakeholders. Two major companies come to mind when we have to ship anything of real importance: FEDEX and UPS.
FEDEX Overview:The FedEx companies’ historical milestones span over a half century and demonstrate the insight and leadership of the trusted FedEx brand. FedEx Custom Critical, a package and delivery business was founded in Akron, Ohio in 1947 by Roberts Cartage. The FedEx Corporation, as we know it today, was organized in 1971 in Little Rock Arkansas. Today’s FedEx is led by FedEx Corporation, which provides strategic direction and consolidated financial reporting for the operating companies that compete collectively under the FedEx name worldwide. FedEx has grown and expanded into four core businesses including; FedEx Kinko’s Office and Print Center, FedEx Express, FedEx Ground and FedEx Freight.
Nutrition Company Business Plan
Executive summary: Bharat Food Science Nutritionals is a company which is in the market for 30 years and has been providing the highest quality formulations in Nutritional Supplement Industry for both human and animal needs. Main objective is to provide Humans with required nutritional supplements and make them healthier and more productive. It is known that low socio-economics groups just eat ...
Every generation expects easier access to more of what the world has to offer and that is more products and services, more information and ideas, more people and places. FedEx helped create that expectation. In addition, we deliver on it millions of times a day, providing the access to transform possibilities into reality. While our early days are legendary, today’s FedEx has grown up into a $29-billion network of companies, offering just the right mix of transportation, information, document management, and supply chain solutions. Moreover, we still back our services with the “absolutely, positively” spirit you expect from the trusted FedEx name. Companies owned by FedEx: FedEx, Corporation, FedEx Express, FedEx Ground, FedEx Freight, FedEx Kinko’s, FedEx Custom Critical, FedEx Trade Networks, and FedEx Services.
UPS Overview:UPS established its messenger service in 1907 and transitioned into a package delivery service in 1913. The business was started when Jim Casey borrowed $100 from a friend and has grown into a $36 billion company. Jim’s mode of transportation began with a bicycle, expanded to model T Fords, and today’s fleet of over 100,000 vehicles delivering 3.6 billion packages and documents to more then 200 countries in 2004. UPS Air Cargo provides freight forwarders direct, airport-to-airport deliveries to over 150 strategically located airports around the world.
UPS is the world’s largest package delivery company and a global leader in supply chain services, offering an extensive range of options for synchronizing the movement of goods, information, and funds. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide and operates the largest franchise shipping chain. The UPS Store Companies owned by UPS: UPS Air Cargo, UPS Aviation Technologies, UPS Capital Corporation, UPS Consulting, UPS Mail Innovations, Mail Boxes Etc., UPS Professional Services, UPS Supply Chain Solutions, and UPS TeleServices.
Galvor Company Business Plan
Case 10-3: Galvor Company Background Galvor Company was founded in 1946 by owner, and president M. Georges Latour. The company had acted as a fabricator, buying parts and assembling them into high quality, moderate-cost electric and electronic measuring and test equipment. Latour had always been personally involved in every detail of the firm's operations as in most family businesses. Fiscal ...
Mission Statement:FedEx:FedEx will produce superior financial returns for shareowners by providing high value-added supply chain, transportation, business, and related information services through focused operating companies competing collectively, and managed collaboratively, under the respected FedEx brand. Customer requirements will be met in the highest quality manner appropriate to each market segment served. FedEx companies will strive to develop mutually rewarding relationships with its employees, partners and suppliers. Safety will be the first consideration in all operations. All corporate activities will be conducted to the highest ethical and professional standards.
UPS:We sustain a financially strong company that provides a long-term competitive return to our shareholders. UPS has a history of strong returns. These returns have been driven by our abilities to transform our company and adapt to changing conditions. We believe these abilities will drive our financial sustainability well into the future. The service UPS provides has inherent economic benefits. First, by providing reliable, affordable services to millions of small businesses, we help them thrive; Second, by facilitating the flow of goods, information, and funds we enable our customers to run their businesses more efficiently, reduce waste and strengthen their bottom lines; Third, as we grow our business in a financially sustainable manner, we extend Economic, social and environmental benefits to our stakeholders.
UPS combines the disparate activities of supply chains into a precise, engineered whole, transforming what was once a cost center into a business opportunity. For example, several manufacturers, eliminating redundancies, can share warehouses and reducing costs; packages can be delivered directly from the manufacturer to the consumer, saving money for the producer and improving customer service; international accounts receivable can be reduced from weeks to days, substantially increasing cash flow. Ours is an industry of increasing importance to our customer’s business strategies. UPS is aligning its strategies to capitalize on four emerging industry trends. Those trends are: Globalization, Consolidation, Shift to smaller, more frequent shipments, and Outsourcing logistics.
The Business plan on Parcel Service Ups Company Customer
"United Parcel Service: Basic management structure." The United Parcel Service known also as the "Brown Giant" is the powerhouse in the air delivery, freight and parcel service industry. The United Parcel Service is based in Atlanta and is the world's largest package-delivery firm. UPS delivers more than 3 billion parcels and documents per year. United Parcel Service operates 150, 000 vehicles and ...
Service: Our absolutely, positively spirit puts our customers at the heart of everything we do. Innovation: We invent and inspire the services and technologies that improve the way we work and live. Integrity: We manage our operations, finances, and services with honesty, efficiency, and reliability. Responsibility: We champion safe and healthy environments for the communities in which we live and work. Loyalty: We earn the respect and confidence of our FedEx people, customers, and investors every day, in everything we do.
UPS:The core values of UPS – “our enduring beliefs,” as we call them – have changed little since the company began 95 years ago. Our managers embrace them and instill them in everyone, and it has created an indelible bond between strong values and a strong brand. UPS values: Integrity, Diligence, Innovation, Courtesy, Promptness, Reliability, and Appearance.
These values are the yardsticks by which every employee, product, and decision is measured. Therefore, it is only logical that our brand is anchored in these same values as well. These are likely some of the same values on which your business is built. However, are they built into your brand, no matter where or how it is exposed to customers?To make sure they are, you must clearly identify your company values and then challenge yourself, and your marketers, to consider them as a starting point for anything related to your brand – developing new products, creating promotions, constructing sales initiatives and training programs, and even answering the phone. In time, these enduring beliefs will permeate everything your company does, from the way your marketers promote to the way your sales force sells.
StrategyFedEx:The unique FedEx operating strategy works seamlessly – and simultaneously – on three levels. Operate independently by focusing on our independent networks to meet distinct customer needs. Compete collectively by standing as one brand worldwide and speaking with one voice. Manage collaboratively by working together to sustain loyal relationships with our workforce, customers and investors.
UPS:Our business – which serves eight million customers daily in over 200 countries by 360,000 employees – is built on a single, highly integrated network structure. We believe this model is the most efficient, cost effective, environmentally responsible, and profitable in the industry. All goods – air and ground, domestic and international, commercial and residential – are processed through the same network. This results in very efficient use of assets and lower costs. The single network model delivers significant benefits reducing environmental impact, offering opportunities to employees and providing positive financial performance. This report elaborates on the ways in which all three of these aspects of a sustainable enterprise are manifested in UPS.
The Essay on Branding in Service Marketing
Brand is paramount in the product arena; it creates awareness, drives perception, and improves desirability. Brands with top-of-mind awareness have higher perceived value, which allows charging higher price points. Many service companies, however, have not embraced brand, because they believe it to be largely the domain of product companies. But many of the same basic marketing principles apply: ...
ConclusionFedEx:The FedEx Company is extensive with each branch having its own chain of command. This is the secret to their success for making their company one of the leading delivery companies. Their management strategy and motto is by operating independently, each company can focus exclusively on delivering the best service for its specific market. Even though FedEx is technically and four-year-old company, its core network has been in business since 1973. They kept gathering other companies by studying the express and routine transportation markets for over twenty-five years. They bought and re-branded many companies that they seemed to see a need to have to improve.
