Study Document
FedEx Corporation FedEx Company Overview FedEx Is Essay
FedEx Corporation
FedEx
Company Overview
FedEx is a global organization that provides wide variety of business portfolio such as e-commerce, transportation and business services. FedEx operates and competes effectively under collective brand names such as FedEx Express, FedEx Freight, FedEx Ground, and FedEx Kinko's.
The objective of the paper is to provide comprehensive report on FedEx that include FedEx's strategy for success in the marketplace and the company four main business strategy. The report uses FedEx's Form 10-K fiscal year to answer the following 7 questions.
"What is FedEx's strategy for success in the marketplace? Does the company rely primarily on a customer intimacy, operations excellence, or product leadership customer value proposition? What evidence supports your conclusion?"
Answer to
FedEx strategy is by building a strong brand to enhance customer experience as well as enhancing capabilities of the company sales professional. The company relies on the combination of value proposition, customer intimacy, operational excellence and product leadership to achieve success in the market place. The company relies on the advance information systems to achieve distinct competencies, and FedEx continues to offer faster delivery service as well as expanding their global network. By being the first company in the industry to offer door-to-door pick up service delivery to customers in North America, the company has built a distinctive competence for itself in the industry. The company strong performances at the end of the 2005 fiscal year are credited to method the company operates independently to focus on the distinct market needs. FedEx has also based its decision on capital investment, information technology networks and service addition to achieve highest long-term capital returns. The company also offers automated and package tracking option using the barcode wireless for customers, and the company continues to rely on the new technology to expand into new market and optimize the earning. FedEx also relies on its efficiency by focusing on acquisition of small and medium companies. In 2004, FedEx acquired Parcel Direct, a leading parcel consolidator. Its acquisition with consolidation of U.S. Postal Service has enabled FedEx to offer proven cost effective service for its customers while achieving distinct competitive advantages in the industry.
Question 2: "What are FedEx's four main business segments? Provide two examples of traceable fixed costs for each of FedEx's four business segments. Provide two examples of common costs that are not traceable to the four business segments."
Answer to Question 2
FedEx operates under four distinct four business segments that include FedEx Express, FedEx Ground, FedEx Freight and FedEx Kinko's. The company derives its largest revenue from FedEx Express and Ground divisions that provide parcel and small package delivery service in the U.S. And globally. FedEx Freight specializes on inter-regional truck load and freight service while FedEx Kinko's provides business services and document solution for customers.
Two examples of traceable fixed costs for each of the FedEx segment are as follows:
FedEx Express: Salary of product manager is an example of traceable fixed costs. Depreciation of the company transportation fleet is another example of traceable fixed cost.
FedEx Ground: Salaries of the sale personnel dedicating for supply solution and the company advertising expenses are the examples of traceable fixed costs.
FedEx Freight: Salaries of the fleet pilots and depreciation of the company freight fleets are the examples of traceable fixed costs.
FedEx Kinko's: Salaries of the personnel of the segment and depreciation of the printing equipment are the examples of the traceable fixed costs.
Two examples of common costs not traceable to the four…
Sample Source(s) Used
References
Noreen, E., Brewer, P. And Garrison, R. (2011). Managerial Accounting for Managers. McGraw Hill Irwin. New York.
SEC (2005). Form 10-K FedEx Corporation. United States Security Exchange Commission.
Related Documents
Study Document
FedEx Supply Chain Analysis
Session Long Project (SLP) FedEx Corporation is one of the largest companies in the courier industry. The company is renowned not just nationally in the United States (U.S.) but internationally. FedEx Corporation belongs to the parcel service industry segment. The size of the industry segment is quite large in the sense that in the past fifteen years or so, consumers in America have spent beyond fifty billion dollars in shipping
Study Document
FedEx Was Founded by Fred Smith After
FedEx was founded by Fred Smith after his tour in Vietnam, and he continues to run the company today, as the only CEO that FedEx has ever known. The company began by offering overnight courier services, an industry that to that point had not existed. Today, that unit is known as FedEx Express and it is still the largest in the company. There are competitors, however, mostly notably UPS, DHL
Study Document
FedEx Marketing Strategy Fed Ex
A fourth weakness is the declining level of business services sales during one period of the case study, brought about by the economic recession impacting areas of the global economy unevenly. Opportunities FedEx can expand significantly more into the highest-growth economies of the world by pursuing more acquisitions in specific logistics and transportation management companies. As one of their core strengths is growth through acquisition, the company needs to consider how
Study Document
FedEx Express Employment Rewards Program
Score cards for the first level would be handed out and the program and the prizes explained. The start date would be set starting the day that the employee gets their score card. Each score card would require three months of consistent metrics in order to be signed off by the employee's supervisor. Once signed off, that employee receives their rewards at a monthly group award meeting. Works Cited "Case Study:
Study Document
FedEx Corporation Offers Worldwide Delivery Services in
FedEx Corporation offers worldwide delivery services in the overnight and ground businesses, along with other related logistics services. The company operates around the world, utilizing either wholly-owned subsidiaries or service partners to gain market entry. If the company is considering making an investment in a foreign country, it can start by determining the cost of capital. Most of the company's business is in the U.S., so the domestic cost of
Study Document
FedEx/UPS Comparison of Information Technology-Based
Thus it exemplifies a company's migration from the technology strategy through the service strategy to the market strategy of the B2C e-strategic grid" (132). These authors suggest that these it-based initiatives were primarily responsible for the company's ability to promote its services and grow its market share far more rapidly than its main competitor: "By focusing on building profitable market share, UPS is now able to deliver 12.4 million