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
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