Preview

FEDEX REPORT

Better Essays
Open Document
Open Document
2554 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
FEDEX REPORT
SIDNEY PIERUCCI
STRATEGIC PLANNING ASS #3
28.11.14

WHAT IS FedEx?
FedEx Corporation (FedEx), incorporated on October 2, 1997, provides a portfolio of transportation, e-commerce and business services through companies that compete collectively, operate independently and manage collaboratively, under the respected FedEx brand.
To understand the corporate level strategy of FedEx it is necessary to first know what industries they currently compete in, as well as where they stand within those industries. Currently FedEx is made up of six independent business units: FedEx Express, FedEx Ground, FedEx Freight, FedEx Custom Critical, FedEx Trade Networks, and FedEx Services, each compete in different sectors of the transportation industry in order to tailor the entire FedEx service to best fit each customers’ needs. Its parent company is the FedEx Corporation, which offers all of the strategic leadership, as well as the financial accountability for all of the business units. The business model that is followed at FedEx Corporation is “Operate independently, compete collectively.”
Today, with a fully integrated physical and virtual infrastructure, FedEx’s business model supports an express transportation, offering time-certain delivery within 1 to 3 business days and serving markets that comprise more than 90% of the world’s gross domestic product. With a 24–48 hour delivery to anywhere in the world. FedEx operates one of the world’s busiest data-processing centres, handling over 100 million in-formation requests per day from more than 3,000 databases and more than500,000 archive files. It operates one of the largest real-time, online client/server networks in the world. The core competencies of FedEx are now in express transportation and in e-solutions.

FedEx HISTORY (Brief)
FedEx Corporation is an import/export company focusing on transport and delivery. FDX Corporation was founded in January 1998 with the acquisition of Caliber System Inc. by



Bibliography: (Referencing) Andrew Smith. (2013). Operation Objectives. Available: http://ops.fhwa.dot.gov/publications/fhwahop10029/white_paper.htm. Last accessed 24/11/2014. Anthony Wilson. (2013). FedEx. Available: http://www.slideshare.net/AmitKumar364/scm-fedex. Last accessed 24/11/2014. Callum James. (2013). FedEx Progress. Available: http://about.van.fedex.com/goals-progress. Last accessed 24/11/2014. Kieran Casey. (2014). Corporate Philosophy. Available: http://www.fedex.com/ma/about/overview/philosophy.html. Last accessed 24/11/2014. Nick Vincent. (2013). FedEx Financials. Available: http://investors.fedex.com/files/doc_financials/quarterly/2008/10K2008.pdf. Last accessed 24/11/2014. Tom Donaldson. (2014). Strategic Management. Available: http://fedex021685.blogspot.com.au/2012/06/strategic-management.html. Last accessed 24/11/2014.

You May Also Find These Documents Helpful

  • Good Essays

    P1 Unit 5 Essay

    • 2276 Words
    • 10 Pages

    Student Answer: FedEx was founded in 1971 by Fred Smith, previously known as Federal Express, headquartered in Memphis, TN. FedEx, is a multinational…

    • 2276 Words
    • 10 Pages
    Good Essays
  • Good Essays

    Federal Express was founded in 1973 by Fred Smith. The idea came from FedEx Corporation operates in four segments. FedEx Express is the world's largest express transportation company, delivering some 3 million packages daily. It provides transportation, e-commerce, and business services worldwide. The company offers a range of shipping services for the delivery of packages, documents, and freight. FedEx Freight segment offers regional next-day and second-day, and interregional less-than-truckload freight services. FedEx Kinko's provides document management solutions and many business services including facsimile, black and white and color copying/printing, finishing and presentation services, signs and graphics, Internet access, videoconferencing and various other retail services and products. The company was incorporated in 1971 and is based in Memphis, Tennessee.…

    • 554 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    FedEx Corporation is an American global courier delivery service. It operates under a public limited ownership as a tertiary business.…

    • 1014 Words
    • 5 Pages
    Satisfactory Essays
  • Powerful Essays

    Fedex

    • 2233 Words
    • 9 Pages

    FedEx Corp., founded by Frederick W. Smith, began operations in April 1973 and was incorporated on October 2, 1997. FedEx Corp. is a publicly traded company on the New York Stock Exchange and headquartered in Memphis, TN. Fedex Corporation was formed in January 1998 with the acquisition of Caliber System Inc. The company reports in four major business segments. FedEx Express provides time-certain delivery within one to three business days serving markets that comprise more than 90 percent of the world 's gross domestic product. FedEx Ground provides low-cost, day-certain service to every business address in the United States, Canada and Puerto Rico and nearly 100 percent of U.S. residences through FedEx Home Delivery. It also includes FedEx SmartPost, Inc. FedEx Freight provides less-than-truckload freight services through FedEx Freight and FedEx National LTL. The FedEx Freight segment also includes FedEx Custom Critical, Inc., North America 's largest time-specific, critical shipment carrier, and Caribbean Transportation Services, Inc., a leading provider of airfreight forwarding services between the United States and Puerto Rico. FedEx Services provides sales, customer service, and information technology support through FedEx Customer Information Services, Inc., primarily for the benefit of FedEx Express and FedEx Ground. The FedEx Services segment also includes FedEx Office and Print Services, Inc., formerly known as FedEx Kinko 's, and FedEx Global Supply Chain Services, Inc., which offers a range of supply chain solutions. In 2007, FedEx Corporation acquired ANC Holdings Ltd. (now rebranded as FedEx UK), Prakash Air Freight Pvt. Ltd. and Tianjin Datian W. Group Co., Ltd. 's 50 percent share of the FedEx-DTW International Priority joint venture and assets relating to DTW Group 's domestic network in China.…

    • 2233 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    The purpose of this paper is review the current market trends and conditions for FedEx. There are numerous ways that a company can become a success or become a failure. The market trends and conditions are just of those reasons. Team A has analyzed the market trends and conditions by reviewing FedEx's operating structure, competitors, the impact of government regulations, price elasticity of demand, along with a supply and demand analysis.…

    • 4943 Words
    • 19 Pages
    Powerful Essays
  • Powerful Essays

    Fedex vs Ups

    • 4116 Words
    • 17 Pages

    The air express segment was a $25bn portion of the US package-delivert industry, and was concentrated in letters and packages, overnight and deferred, and air or air and ground. Virtually all FedEx business activities were in the air express segment of the package delivery industry, only 22% of UPS’s revenues were derived from its next day air business. FedEx and UPS’s competition for the dominance of the $25bn domestic air express delivery market foreshadowed in an unusually challenging future…

    • 4116 Words
    • 17 Pages
    Powerful Essays
  • Powerful Essays

    FedEx used a cutting-edge information and logistics technology. Its central computer system, COSMOS, coordinated vehicles, people, packages, routes, and weather information. The system increased the efficiency and speed of work and minimized human errors, which were very important in the express industry.…

    • 1943 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    What is FedEx’s strategy for success in the marketplace? Does the company rely primarily on a customer intimacy, operations excellence, or product leadership customer value proposition? What evidence supports your conclusion?…

    • 1613 Words
    • 7 Pages
    Powerful Essays
  • Powerful Essays

    Fedex E-Commerce

    • 3547 Words
    • 15 Pages

    According to the company, the solution, developed by the FedEx innovation team, is an open, adaptive sensor information sharing platform. It will serve customers who need near real-time visibility and insight into their shipment and enable business decision makers to easily collaborate on many types of information data across their global supply chain.…

    • 3547 Words
    • 15 Pages
    Powerful Essays
  • Powerful Essays

    Fedex Strategic Analysis

    • 2355 Words
    • 10 Pages

    Federal Express Corporation (FedEx) started its operation in March 1973 building a express delivery company to global logistics and supply chain management company. With logistics as a key part of forming a strong strategy formulation FedEx provided their customers differentiating means thus winning a healthy customer loyalty with enormous.…

    • 2355 Words
    • 10 Pages
    Powerful Essays
  • Powerful Essays

    Fedex Analysis

    • 1229 Words
    • 5 Pages

    Technology: FedEx is very dependent on their technology. As more competition in the global markets arises FedEx will need to keep their systems up to date. Technology is the key to their success. This is how they track their services.…

    • 1229 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    The company that I have chosen for my research paper is FedEx. FedEx’s Fortune 500 rating is number 60. I have chosen this company for a couple of reasons. FedEx continues to be a major force in the shipping industry and a driving force in the environment (being Green). Another reason (on a personal note) for choosing FedEx was it is headquartered and its main hub is minutes away from my home town. I have been able to see how it personally created jobs.…

    • 2242 Words
    • 9 Pages
    Better Essays
  • Powerful Essays

    FedEx Corporation, originally known as FDX Corporation, is a logistics services company, based in the United States with headquarters in Memphis, Tennessee. The name "FedEx" is a syllabic abbreviation of the name of the company's original air division, Federal Express, which was used from 1973 until 2000. FedEx Corporation is a Delaware corporation, incorporated October 2, 1997.…

    • 6991 Words
    • 28 Pages
    Powerful Essays
  • Powerful Essays

    fdgfg

    • 1226 Words
    • 5 Pages

    Originally called FDX Corp., FedEx Corp. was formed in January 1998 with the acquisition of Caliber System Inc. Through this and future purchases, FedEx sought to build on the strength of its famous express delivery service and create a more diversified company that included a portfolio of different but related businesses. Caliber subsidiaries included RPS, a small-package ground service; Roberts Express, an expedited, exclusive-use shipping provider; Viking Freight, a regional, less-than-truckload (LTL) freight carrier serving the Western U.S.; Caribbean Transportation Services, a provider of airfreight forwarding between the U.S., Puerto Rico, the Dominican Republic and the Caribbean Islands; and Caliber Logistics and Caliber Technology, providers of integrated logistics and technology solutions. These companies, along with worldwide express shipping provider Federal Express, composed the original FDX Corp.…

    • 1226 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Historically, the foundation of FedEx's successful business model has been customers' recognition that they were short of either key parts that were needed for their production processes or items being demanded by their customers. The reason this model worked is that for the first 20-plus years of FedEx's life, business firms "couldn't plan their needs particularly well, [so] they relied on FedEx to make up in speed what they lacked in precision." Today, however, both customers and competitors (e.g., UPS) are taking strategic actions that challenge the effectiveness of FedEx's business model. These challenges are largely a product of the opportunities being created by what is rapidly becoming a global, knowledge-based logistics business.…

    • 1278 Words
    • 6 Pages
    Powerful Essays

Related Topics