Preview

Fedex Research Planning for Decision Making

Powerful Essays
Open Document
Open Document
2724 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Fedex Research Planning for Decision Making
CORE SECTION

Research Planning for Decision Making

Question One
June 2005
a. Brief
A marketing research brief to examine the attitudes of customers, non-customers and employees to FedEx Express with regard to environmental issues

1) Background

FedEx Express is the world 's largest express transportation company, providing delivery to every U.S. address and to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, usually in one to two business days with the delivery time guaranteed.

FedEx Express is part of FedEx Corporation, which provides strategic direction and financial reporting for a group of companies. This report is only concerned with FedEx Express.

FedEx Express Facts

History Founded June 1971 as Federal Express Corporation
FY04 Revenue $17.5 billion (includes FedEx Trade Networks
Workforce More than 138,000 employees worldwide
Average Daily Volume More than 3.2 million packages daily
Service Area More than 220 countries and territories, including every address in the United States
Air Operations More than 375 airports served worldwide
Delivery Fleet Approximately 41,000 motorised vehicles
[Source: www.fedex.com]

The FedEx Express product range is broken down into the following services: FedEx Express: U.S.; FedEx Express: International; FedEx Express Freight.

2) Project Rationale

FedEx is among the best Fortune 500 companies for its initiatives in environmental issues (source: fedex.com)

FedEx Express recognises it has an environmental impact. It uses resources, disposes of waste, and produces greenhouse gases from energy used for heating, lighting, equipment and transport.

These days national and international bodies urge organisations to go beyond specific environmental protection legislation, FedEx Express is one and intends to continue to be one of those organisations.

Reasons for FedEx Express 's Proactive



Bibliography: Dibb et al. (1994) Marketing Concepts and Strategies. Boston: Houghton Mifflin. Housden, A. (2004) CIM Coursebook: Marketing Research and Information. Oxford: Elsevier Butterworth-Heinemann. Wilson, Alan. (2003) Marketing Research: An Integrated Approach. Harlow: Pearson Education Websites:

You May Also Find These Documents Helpful

  • 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

    Federal Express (later known as FedEx) was established in 1973. Ten years later, the company reaches $1bn in revenue – the first US business to achieve this status without merger or acquisition. Services extend to Europe and the Middle East by the end of 1989. Between 1991 and 1999 FedEx launches: Express Freighter® to provide overnight delivery to Europe and Asia, FedEx Ship Manager® - first company to allow customers to process shipments online and FedEx EuroOne®, opening a new hub in Paris. In 2000, FedEx became known as “FedEx Corporation”. Services are divided into different companies that operate independently yet compete collectively. During 2008, FedEx Corp ranks ninth in the business superbrands list. In 2010, the company opened a brand new hub in Cologne airport, the largest solar powered hub worldwide. FedEx Corporation’s revenue during 2011 was in excess of $39.3bn.…

    • 1014 Words
    • 5 Pages
    Satisfactory Essays
  • Better Essays

    FedEx is known for their very strategic advantages, their techniques that are highly unmatched and competitive. FedEx’s functional level strategies include customer service, efficiency and productivity. These are their main strategies that must be met at all times. FedEx directs their focus primarily on their business to customer deliveries. They are able to target an online retailer which is the way most people currently shop. FedEx does not have communication barriers and very innovative ideas. FedEx has many competitors, but has surpassed their competition by using those innovative ideas and providing many services to fit the customers need. They were the first company to use electronic means for their orders. FedEx goals are to increase their net income and revenues. They are known to differentiate their services products from others.…

    • 1386 Words
    • 4 Pages
    Better 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
  • Better Essays

    When people think of transportation delivery services there are two names that come to mind and that is UPS and FedEx. These two brands are leaders and competitors in the transportation industry and have built a sustainable competitive advantage. When looking at these…

    • 1057 Words
    • 5 Pages
    Better Essays
  • Better Essays

    FedEx, formally known as Federal Express, started delivering packages and freight on April 17, 1973. The company was founded by Frederick W. Smith, a Yale University graduate. Federal Express offered overnight and second-day delivery to 25 cities in the United States. The company started in Memphis, Tennessee, and it is still in that location today. FedEx didn’t actually start showing a profit until July 1975. FedEx starting going international in the 1980s after the company purchased Tiger International and carriers in Japan and Italy. In 1989 FedEx became the first U.S. express carrier to offer direct flights to China.…

    • 3199 Words
    • 13 Pages
    Better Essays
  • Powerful Essays

    FedEx Corporation is responsible for the direction of FedEx which is comprised of FedEx Express, FedEx Ground, FedEx Freight, FedEx Office, FedEx Custom Critical, FedEx Trade Networks, and FedEx Services. FedEx started in 1998 and wanted to expand their express delivery service so that they could diversify their portfolio ultimately to compete in the market on a global scale. In 2000, FedEx acquired a new subsidiary called Tower Group International who is a leader in the business of international logistics and trade information technology. Through this acquisition, FedEx has become the largest-volume customs entry filer in North America and a leader in global ocean and air cargo distribution and trade facilitation.…

    • 4943 Words
    • 19 Pages
    Powerful Essays
  • Better Essays

    FedEx Corporation is an organization that works to conduct business both domestic and globally. This organization has built there organization globally and has succeeded in the market by having FedEx Corporation, Grounds, Express, Freight, and Services are all over the world. The influence that this organization has demonstrated with their services has marked them to be a worldwide organization that has the needs to serve people (FedEx, 1995-2012). This environmental paper will emphasis on the FedEx Corporation as an organization who’s domestic and global marketing decisions are affected by environmental factors. This paper will specific areas such as the high level of domestic and global environmental factors that may impact the organization’s marketing decisions and the impact of technology also on the marketing decisions will be addressed. This paper will also conclude with the analyzing the importance of social responsibility and ethics as related to FedEx Corporation marketing legal obligations as well as having a connection politically and advancing to the high demands.…

    • 2697 Words
    • 11 Pages
    Better Essays
  • Better Essays

    Studying FedEx, UPS and their competitive relationship gives a good insight for the companies' and industry's future. The two companies have different strategic goals and are operating in the same industry but in different main markets: FedEx is working on "producing outstanding financial returns" and focuses on the profitability of overnight air market whereas UPS is looking for "earning reasonable profit" and its core business that is the ground delivery.…

    • 974 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Mg518 Week 1 Assignment

    • 545 Words
    • 3 Pages

    FedEx’s traditional ways of doing things were changing. Originally, FedEx was a company that provided quick service faster than any competition for a premium price. Price was no object to most companies because the cost of doing business quickly far outweighed not getting it there in time. Bids on new business needed to be there overnight! This brought in more business to most organizations and so the cost was no so important. As times changed and some companies fell on harder times, they could not afford the exhorbinate…

    • 545 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Fedex Operation Mangement

    • 550 Words
    • 3 Pages

    FEDEX is the embodiment of operation management. The company started out as shipping company in 1971 to a multibillion dollar corporation with current revenue of $42.7 billion in the current fiscal year. Originally FEDEX started with freight delivery through ground and air which expanded to four divisions FEDEX Express, Ground, Freight, and Services. FEDEX success in today’s business due to their diligence in addressing Basic Management Functions – planning, organizing, staffing, leading and controlling as well as addressing the ten critical decisions associated with a very successful business.…

    • 550 Words
    • 3 Pages
    Good Essays
  • Good Essays

    FedEx Corporation is a market structure of an oligopoly they have control over the supply of a commodity is held by a small number of producers each of whom is able to influence prices and thus directly affect the position of competitors. The chief competitor is UPS (United Parcel Services) and both companies ship throughout the United States and have shipping to international ports.…

    • 731 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Risk Assessment

    • 1788 Words
    • 8 Pages

    FedEx Corporation is a 29 billion dollar company that offers a variety of supply chain, transportation, business and related information services (FedEx Corporation, 2006). Today FedEx consists of a network of different companies providing services to many countries around the world. FedEx Corporation is the premier provider of shipping and information services worldwide, and its companies function under the motto of "operate independently, compete collectively and manage collaboratively" (FedEx Corporation, 2006).…

    • 1788 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Fedex Merges with Kinkos

    • 1161 Words
    • 4 Pages

    Leading up to the merger, FedEx was known as a transportation and logistics business for shipping needs, with overnight shipments being their core strength in the marketplace. Operating globally, FedEx was the largest organization of its kind. In the U.S., only the United Parcel Service (UPS) had any competitive edge on FedEx, and that was because of the UPS stores where customers could buy all of their shipping supplies and send packages from very conveniently placed storefronts.…

    • 1161 Words
    • 4 Pages
    Powerful Essays
  • Powerful Essays

    FedEx virtually invented the express mail industry. It held around 45% of the domestic express mail market and was the industry leader.…

    • 1943 Words
    • 8 Pages
    Powerful Essays