For over two centuries, people relied on the United States Postal Service (USPS) as a way to receive their letter and packages from people around the country. It is their only way where a person can obtain a parcel when there are no technologies to assist them. Nowadays, in the modern world, there are different kinds of ways where one can receive a package or a letter, from an email or other companies. This results in the USPS decreasing its values. In order for the USPS to keep up with the fast-paced society, it should consider changing their ways of working. Before when automations were nowhere to be seen, people demand USPS to deliver their mails everyday. Sometimes when there is a large package, it might take weeks for the letters to reach their destination. So retailers assist delivering the packages in a more efficient way. In order for the USPS continue to be on …show more content…
In Daniel Stone’s editorial article, “Flying Like an Eagle”, he advises the USPS some guidance to boost up their profit and their usage to the community. One of his inputs on the
In July 2009, the Government Accountability Office (GAO) listed the budget of the United States Postal Service as “high risk” and recommended oversight from Congress and the Executive Branch. Specifically, the GAO stated that “Amid challenging economic conditions and a changing business environment, USPS is facing a deteriorating financial situation in which it does not expect to cover its expenses and financial obligations in fiscal years 2009 and 2010” (“Restructuring”, 2009, pg. 1). The GAO claimed that the mail volume in 2009 would likely decrease by about 28 billion as compared to 2008 and that the USPS would likely see declining volumes for the next five years (“Restructuring”, 2009, pg. 1). Clearly, the USPS is currently facing a
According to a Case Study-United States Postal Service (Jan 06, 2010), retrieved from: http://www.slideshare.net/bakeursilly/usps; since 1175 when Benjamin Franklin was appointed as the first postmaster general of the United States, the agency known as the United States Postal Service (USPS) has grown to become an institution that delivers about half of the world’s mail in snow, rain, and the dark of the night. Employing about 656,000 workers and 218,684 vehicles, 36,496 total retail and delivery facilities nationwide, 599 processing facilities, 584 million pieces is the average volume per day, and a total work hour of 1,258,025 per year delivering over 200 billion items per year via air and highway.
At one point or another, we have all held and opened a piece of mail. Whether it was a birthday card, a letter from a friend, or even a bill, we have all held a piece of paper that was sent from somewhere else. Even in the age of Facebook and email, it is likely that you have held a piece of mail and most likely, the way it got from point A (the person sending the mail) to point B (the person receiving the mail) was through the United States Postal Service, or the USPS. In the past decade, the postal service has experienced a decreased volume in their letter mail. In fact, for the postal service, the volume of this letter mail has been "falling at a rate not seen since the Great Depression" and it is believed to be because the
The United States is a country that revolves around technology and is constantly innovating to more efficiently accommodate its people. However, before recent technologies such as the internet, the US relied heavily on the United States Postal Service, also known as the USPS. The USPS has been around for centuries and has been quite successful up until the year 2007 where there was a rapid decline in mail volume. Simply shutting this company down would not be beneficial to the country, but perhaps making improvements in order to adapt to the changing society will keep the USPS in business.
Throughout the past eleven years, the Post Office is accumulating massive amounts of debt and is failing to turn a yearly profit. While is it being addressed by certain members of Congress one should desire to diagnose exactly why USPS’s budget has a prolific shortcoming. Many people suggest that it is simply the changing times of the market, with more and more people using electronic email and fewer people sending letters in the mail. However, Postal Unions point out that the major problem is the burden of pre-funding retirement healthcare plans, also pointing out that is the only government agency is required to do so. In order to fix this growing problem, people have suggested numerous options from changing the mail delivery system to privatizing
With new and upcoming technology the United States Postal Service has declined in popularity and fallen behind the newly acquired competition like Fedex and UPS. Getting rid of the USPS entirely is not the intent, but rather to have the system reconstructed to meet the needs of a changing world. The jeopardy of the company's finances is continuously increasing causing the inefficiency of the company that cannot progress with its competitors. In order for the USPS to meet the needs of the changing world, It should undergo significant reconstruction methods that would increase the company’s savvy and business.
Services of the USPS are to provide reliable, prompt efficient postal services in all communities and areas to patrons throughout the United States. Products are stamp purchases to send mail in person and online; purchasing postage, printing postage paid shipping labels through the technology of Click-N-Ship, add to Philatelic stamp collections, merchandise gifts, mailing products such as flat envelopes, and boxes. Shipping supplies, ecofriendly packaging, bulk media mail, money orders, passport application.
The United States Postal Service (USPS) has grown to become the largest provider of mail service in the world during one of the peaks of its economic lifetime. As the company grew bigger and bigger to accommodate the increased demand for its services, the USPS increased its productive capacity through expansion by acquiring the necessary equipment and other technological tools. These different types of machinery are designed to handle high volumes of workload and fast-paced processes. Unfortunately, the equipment that USPS uses require that they process a high volume of mail in order for them to be
The traditional express industry is threatened by facsimile and electronic mails, which have zero cost. Competition between FedEx and UPS has caused a lower price and more innovations. The industry is quite consolidated and has a very high barrier to
This paper provides documentation published research found online (Internet) and offline (non-Internet), along with face to face interviews (FtF) with employees to the second oldest federal agency the United States Postal Service (USPS). The USPS continues to struggle financially and has not shown a profit since the year of 2007. Congress continues to place pressure to privatize the postal service and to run like any other organization. Unlike other for profit organizations and businesses the USPS receives benefits from Congress such as bailouts when they cannot meet payroll, and are exempt for paying federal and state taxes. On the other side of the coin, the Postal Service must go before Congress with any modifications or adjustments to the way the organization is run and managed. Additionally, any requests must be supported with a host of reports and studies from the Government Accountability Organization (GAO) which can take up to six years for documentation.
The first issue is the accumulated debt the Post Office has been struggling with. For the past ten years, the United States Postal Service documented annual losses around $15.9 billion. (Miller) Furthermore, in 2012 the Post Office was unable to pay out their retiree health benefits of $11 billion. In 2013, the Post Service tried to address the issues they have been facing in the past, they proposed lowering future Federal Employee Retirement System
United Parcel Services was a 90 year old, private organization with a $1.7 billion net income and excellent financial performance. It is the world’s largest parcel delivery company with more than $25 billion in annual revenues. UPS delivers around 13 million packages each day and also helps its customers with supply chain management, logistics, and financial services. The industry offers two basic products that are air and ground deliveries. Three major competitors, FedEx, UPS and USPS, rule both of the product lines. In this comparison we will only be comparing FedEx and UPS because the companies have a strong brand names and are highly competitive. FedEx on the other hand is a $17 billion global transportation and logistics company, with an operating philosophy to “operate independently and compete collectively. Pg 3
-Know your USPs so that you can gain competitive advantage by explaining these and how they will overcome the
Royal Mail is a letter and parcel delivery service company. There was over 165,000 employes who are working in the company until 2015. Its head office is located in London, Uk and mainly operates there. According to Market lne 2014, Royal Mail revenue reached nearly $9,500 millions, and the profit was approximate $1600 millions in order to 2014 financial year, which increase 328 percent compare to 2013 financial year. Beside it, its net profit also increase 114 percent to reached $1277 millions in 2014. (market line, 2015)
The United Parcel Service has made great strides to incorporate its business with the entire world not just the United States. It has used technology to overcome eternal factors such as cultural differences, time zone, and currency differences and hardware constraints to streamline its organization and delivery system (Laudon, 7).”