In this light, the USPS should consider offering all American residents a service that would route their physical mail to an email account.
As a main business strategy, the postal service should concentrate mainly on its core value: universal mail service. According to Pearse and Johnson (2002): "Delivering high-quality service in an era of stagnant mail volumes will require the Postal Service to recognize that as demand for its services contracts, so, too, should the institution. To do so without sacrificing essential services, however, will require the Postal Service to focus on its core value: the reliable, affordable delivery of the mail to every American home and business."
While the Postal Service in recent years has explored numerous new revenue streams far beyond normal postal services, it makes more sense that the USPS focus instead on products and services related to the delivery of letters, newspapers, magazines, advertising mail, and parcels.
According to Pearse and Johnson (2002), the mission of the Postal Service should be "to provide high-quality, essential postal services to all persons and communities by the most cost-effective and efficient means possible at affordable and, where appropriate,...
FDX Value Creation Frontier The value creation frontier "represents the maximum amount of value that the products of different companies inside an industry can give customers at any one time by using different business models" (Hill & Jones, 2008). FedEx focuses on quality and excellence, as well as responsiveness to customer, as the core elements of its business model. Reliability and efficiency are also facets of business on which FedEx focuses. What
United States Postal Service is an efficient organization. However, its operational efficiency is not enough for survival in the contemporary competitive marketplace thereby making it hard for the organization to be successful. USPS has been affected by a considerable shift in the market with internet becoming a good choice for most customers. Apparently, mobile devices give access to social media and texting, an aspect that has changed the need for
Compensation and Benefits The United States Postal Service (USPS) which has been experiencing periods of stagnant or declining revenue was discovered to have a large issue with their compensation and benefits system. It was discovered that the organization provides its employees with lucrative packages which are much higher than those offered by its private sector competitors. Most of the USPS employees are unionized and the unions have been able to negotiate
Balanced Scorecard Evaluation The Voice of the Employee focused on safety and poor employee relations. This falls under the Learning and Growth category of the balanced scorecard. It evaluates the correct level of expertise with each employee, employee turnover, job satisfaction, and training (McCarthy, 2008). The balanced scorecard measures the top down strategy of the company's mission statement and strategy (Kaplan, 2007). From the mission and strategy of USPS, the employees
FedEx Company: Five Forces Analysis The company examined is FedEx and the relevant industry is the overnight and express ground delivery business. There are a few different types of market participants. The first of these are the overnight and ground providers, FedEx and UPS. These are the market leaders and offer the most comprehensive route networks and packages of services. TNT and DHL offer some competition but have a much more
FedEx Applying Strategic Market Planning to FedEx Marketing Foundations FedEx (NYSE: FDX) is one of the leading providers of global logistics services to the Business-to-Business (B2B) and Business-to-Consumer (B2C) marketplaces globally. FedEx is particularly strong in the U.S. where 73% of total revenues in their latest fiscal year were generated (FedEx, 2010). FedEx's approach to marketing is to accentuate the role of trusted advisor in shipping, 3rd party logistics (3PL), and supply chain
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