1. The organization’s name and main line of business: FEDEX Corporations – Logistics 2. Specific type of operation: Air and Ground Delivery Specializing in Next Day Delivery 3. Describe the nature of operations process given your newfound understanding of operation management and productivity: a. Service and product design: i. Supply Chain management ii. Next Day Delivery Services b. Quality management – Customer oriented business “People First Philosophy” c. Process and capacity –
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philosophy governs every FedEx activity. They honor innovation‚ integrity and commitment. They have many formal policies‚ procedures and programs to bring out the best in their staff‚ individually and in teams. FedEx is looking for talented people that share the basic qualities of honesty‚ enthusiasm‚ creativity and respect for co-workers and customers. As FedEx has grown into a global company‚ a culture has developed the fullest potential of employees with FedEx. FedEx has led the industry in
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Memphis‚ Tennessee‚ with $44.3 billion annual revenue in 2013 Serve 220 countries and regions‚ 300 thousand employees Deliver 3.4 million packages daily with 654 planes and 43‚000 trucks Multiple divisions/operating units: FedEx Express‚ FedEx Ground‚ FedEx Freight‚ FedEx Services Fast and reliable On-time deliveries Relatively low cost Information technology http://mediacenter.fedex.designcdt.com/node/358 DSME 2030 Page 2 Zara A chain of fashion stores owned by Inditex‚ Spain’s
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Executive Summary Background: FedEx and United Parcel Service‚ Inc. are the two largest competitors in the world’s package delivery service industry. UPS‚ founded in 1907‚ was the largest package delivery company in the world. By 2003‚ UPS delivered throughout the United States and to more than 200 other countries‚ transporting over 13 million packages a day. FedEx‚ created in 1971 by Fred Smith‚ grew successful because of its innovative approach to purchase its own planes rather than
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FedEx External Environment Audit 1. How is the industry structured? The industry is defined by NAICS as the logistics‚ transportation‚ and related business services. This is a very broad definition because it doesn’t define the main function of the business‚ which is express delivery and shipping that includes a wide range of services for both businesses and consumers. FedEx offers express delivery‚ ground‚ and freight shipping‚ in domestic and international markets. The most important
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Management by Objectives: A Case Study Answer 1 Roopali Deshmukh understood the specific objectives of her job and
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with such quality and expertise that campus departments gain a competitive advantage from our collaborative efforts to make Virginia Tech a great place to work. HR Strategic Plan Goals and Objectives Goal One: Promote and enhance our competitive total rewards package to recruit and retain top talent. Objectives: Create a total rewards message to educate HR partners‚ hiring managers‚ and recruits on the total value of the Virginia Tech employment package Work closely with management to reinforce
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Primary objective: Maximise shareholder wealth. Shareholder wealth is maximised by dividend payments and a capital gain through higher share price. Secondary objectives: Meet financial targets (e.g. satisfactory ROCE) Meet productivity targets Establish brands and quality standards Establish effective communication with customers‚ suppliers‚ employees. Why is Maximising Shareholder Wealth the Main Objective? 1. Wealth Maximisation Considers Cash Flows Shareholders of a company can realize
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Performance management. They are Planning‚ Review and Assessment. Based on the results of these steps‚ compensation‚ benefits‚ training and compensation revisions are made. In the first step of Planning‚ the Key Result Area format is used to set yearly objectives in performance. Key Result Area in may be defined as primary responsibilities of an individual‚ that is the core area for which each person is accountable. The outcome is then reviewed at the end of the year. This brings to fore the hurdles in the
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solution. Note: On this portion‚ you must establish your comprehension and what we have discussed about DBMS. PROJECT CONTEXT (2 spaces) This section discusses the company background. Institute the company mission and vision with study objective. It also includes the setting of the identified research problem. The presentation should be directed into what the problem is investigating. It can include studies and literature‚ which can strengthen the reason for the investigation. The flow
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