Table of Contents
- 1 Describe the UPS supply chain
- 2 Identify and describe the primary suppliers of the UPS
- 3 Outline the UPS supplier partnerships
- 4 Identify the primary customers of UPS
- 5 Describe how UPS has employed market segmentation
- 6 What are the key logistic companies involved with UPS?
- 7 How has UPS utilized warehousing in its products and services?
- 8 How does UPS manage its internal supply chain?
Describe the UPS supply chain
Key supply chain members of United Parcel service (UPS) are; the manufacturers, warehousing staffs, freight forwarders, and sales personnel. Additionally, they provide a basis for an efficient supply chain flow. Typically, UPS supply chain solutions embed multiple transportation services to….
Identify and describe the primary suppliers of the UPS
UPS fosters to ensure there is a smooth flow of information, goods, and service along the supply chain. Equally, the organization manages less than truckload services through supply chain network of owned partnerships (Kuehn, 2010). In that event, the primary products purchased by UPS are trucks, containers, global positioning tracking devices, and logistics information systems. Therefore, all logistics activities rely on appropriate technology to ensure that customers get served efficiently and effectively. Apparently, order processing has been one of….
Outline the UPS supplier partnerships
Notably, suppliers are critical stakeholders along the supply chain continuum. For that reason, they influence buyer trends of the company. In most cases, companies prefer maintaining fruitful supplier relationships. UPS has a supplier management team that deals in supply sourcing for various commodities ordered by customers (Supplier management, n.d). As well, it employs a strategic practice of potential sourcing. Accordingly, UPS acquire manufacturers through an invitation to tender. Secondly, the vetting process kicks off and consideration is given to quality, reliability, financial security, effective communication, partnership approach, and reputation. Afterward, a shortlist of…
Identify the primary customers of UPS
Primary customers of UPS are internal. As a consequence, 1.1 million packages are delivered each day for shipping customers (Kuehn, 2010). Besides, domestic customers have taken their plight to use UPS services. Vast volumes of sales realized in cargo industry has led to immense demand forecasting. As a result, UPS supply chain management has a weekly demand forecast schedule (Barth, 2009). Similarly, qualitative demand forecasting techniques are employed. For example, market surveys and sales expert opinions are deployed to collect concrete and up to date information on customer preferences. Consequently, UPS made a demand forecast of….
Describe how UPS has employed market segmentation
UPS has consistently carried out strategic market segmentation to reduce operational costs. Predominantly, geographical and language segmentation has led to specific segments. For example, customers in the United States of America have become classified into one section due to their concentration in one area. Also, customers outside the United States of America are served as a different segment. Then, English speaking customers get served as a unique market. More often, customers segmented geographically are well defined and measurable regarding their purchasing power. Additionally, they tend to…
What are the key logistic companies involved with UPS?
UPS is one of the global logistics company. Thus, it has integrated its activities with other key companies to operate efficiently. Therefore, Berreta (2017) noted that the technology of Alibaba has influenced the supply chain of UPS. Consequently, Amazon electronic retailer platform has taken on logistics and increased its revenue. UPS offers a variety of tracking services for its customers. For example, clients can track their…
How has UPS utilized warehousing in its products and services?
Warehousing management plays a critical role in matching demand and supply of products across the various echelons structures of the supply chain. More often, UPS uses warehouse management systems to plan and re-engineer warehousing activities. For example, regular warehousing activities carried out are; order entry, order picking, and material handling. To add on, UPS deploys a third-party logistics services (3PL) in warehousing. Thus, it trades off unnecessary costs which include material handling cost and inventory carrying costs. Examples include sourcing for private warehouses to store the cargo awaiting shipment. Some of the independently owned warehouses for UPS are in…
How does UPS manage its internal supply chain?
In most cases, inventory control can be challenging to a company. Timely forecasting and determination of optimal inventory levels are essential (Ziukov, 2015). Additionally, UPS has opted to manage inventory levels due to its diverse operations on a global scale. Arguably, the model of economic order quantity has simplified the inventory management by suggesting an optimal inventory re-order level. In most cases, EOQ model helps in…