Ups Supply Chain Essay
United Parcel Service (UPS) is one of the largest package delivery companies in the world, a leader in the US less-than-truckload industry, and a global leader in supply chain management operations. The company operates in the US. It is headquartered in Atlanta, Georgia and employs about 408,000 people.
The company recorded revenues of $45,297 million in the financial year ended December 2009 (FY2009), a decrease of 12% compared to FY2008. The operating profit of the company was $3,801 million in FY2009, a decrease of 29.4% compared to FY2008. The net profit was $2,152 million in FY2009, a decrease of 28.3% compared to FY2008.
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The company manages supply chains for large and small companies in over 175 countries and territories. UPS is also one of the leading providers of less-than truckload transportation services. The company is one of the largest air cargo carrier and logistics provider in Latin America and the Caribbean. In addition, in terms of revenues, UPS was ranked 43 among the Fortune 500 list of America’s largest corporations in 2010. Moreover, the company is included in the Dow Jones Sustainability Index for the seventh consecutive year and the FTSE4Good Index for the fifth consecutive year in 2009. In FY2009, UPS was among the Top 500 Greenest Companies in America (ranked No. 85) by Newsweek Magazine. It was also included in the Carbon Disclosure Leadership Index Top 50 Global Companies in 2009. UPS was among the 40 Best Companies for Diversity by Black Enterprise Magazine in 2009. It was also among the Top 50 Companies for