UPS International Strategy through 2012 Essay Example | Topics and Well Written Essays - 2000 words

UPS International Strategy through 2012 - Essay Example After carefully assessing the scenarios from different aspects, recommendations are provided at the last of this paper. The largest package delivery company and a global leader in supply chain services, United Parcel Service (UPS), was founded on 28 August, 1907 in Seattle, Wash by 19-year-old   Jim Casey  and 18-year-old Claude Ryan as American Messenger Company. By the time, it progressed and expanded and now it is the world largest package delivery company. UPS employees about 415,000 people including 343,000 U.S. citizens and 70,000 International. Serving in more than 200 countries and territories, its total number of customers touches 8 million. In 2008, UPS delivered an average of 15.5 million pieces per day worldwide and earned revenue of $51.5(b). UPSs key services include logistics and distribution, transportation and freight, freight forwarding, international trade management and customs brokerage. UPS leads in providing less-than-truckload and truckload services coast-to-coast. UPS is running the 9th largest airline in the world with an AA balance sheet credit rating. (UPS Fact Sheet). Going global creates opportunities for companies to grow in new markets. One of the most important and difficult task for the top management is to create effective strategies for company and more difficult is the creation of an International Strategy. Basically, UPS was involved only in movement of goods, but by the time, it understood the new trends of markets and started providing various services including logistics and distribution, international trade management, customs brokerage, consulting, mail, e-commerce, and a variety of financial services. If we look into the history of this company, we will come to know that UPS has never stopped improving and expanding its businesses. UPS fully understand the importance of Global trade in present scenario of recession. CEO of UPS, Scott Davis,