Fedex
Title: Fedex
Category: /Business & Economy
Details: Words: 3220 | Pages: 12 (approximately 235 words/page)
Fedex
Category: /Business & Economy
Details: Words: 3220 | Pages: 12 (approximately 235 words/page)
Abstract
Federal W.Smith had a vision of overnight air express venture. He and his business partners commissioned two independent market research which suggested a market niche for a reliable, time-definite overnight delivery service. Then they executed the vision in 1973, establishing Federal Express.
Today, approximately 90,000 Federal Express employees, at more than 1,650 sites process 1.5 million shipments daily, all of which must be tracked in a central information system, sorted in a short time at facilities in
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flawless and fast. They could offer royalties to the former company owners and develop a service that will reach individual markets based on individual company names. By doing this it will increase shipping productivity and possibly help the economy by providing more business transactions than ever seen before. Although time consuming and high costs of extensive paperwork, becoming one is like becoming an all-star team. All number one assets working together to be the best.