The economy is declining but companies like the United Parcel Service are making ends meet and exceeding expectations. They have utilized the growth in the global economy, better supply chain management techniques and customers attempting to reduce costs by sending low priced packages. UPS has become a victor in an arena of losers precisely because it has implemented a winning strategy.
UPS has experienced two major upswings in the past few years. In the third quarter of 2007 they had an increase of net income of $1.08 billion dollars and over a year ago they had a $1.04 billion dollar upswing. This was after their 46 million dollar restructuring program in France to improve their supply chain. Other companies are not having nearly the same upswing or growth which makes UPS unique.
UPS Chief Executive Mike Eskew state with some happiness, UPS turned in a solid performance in the face of a slower U.S. economy. This proves that diligent American companies have an opportunity to increase profits and continue to grow despite many of the difficulties that American companies face.
UPS has a number of strategies that it is using to achieve success that many...
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