Strategy in the World Package Delivery Business Essay

Strategy in the World Package Delivery Business - Essay Example The essay "Strategy in the World Package Delivery Business" discusses the relationship between the planning and strategy in the world package delivery business. There is a direct relationship between planning and strategy since plans are made to identify goals (organizational or functional) and strategies are designed to achieve these identified goals. In this case scenario (Jones & George, 2007), FedEx planned to address competition from UPS by identifying an opportunity in the overnight delivery niche even by charging a premium price. As emphasized in Operations Strategy and Competitiveness, â€Å"the business strategy of FedEx, the world’s largest provider of expedited delivery services, is to compete on time and dependability of deliveries. The operations strategy of FedEx developed a plan for resources to support its business strategy. To provide the speed of delivery, FedEx acquired its own fleet of airplanes. To provide dependability of deliveries, FedEx invested in a sophisticated bar code technology to track all packages†. To compete with FedEx and DHL, UPS must review and evaluate the strategies of both organizations to gauge their strengths and weaknesses. Using this information as inputs, UPS must then identify opportunities and threats in the world package delivery business to enable them to tap the opportunities and address the threats or risks, as required. Using their core competencies in using their tracking and information system; as well as in logistics, specifically in meeting delivery schedules faster.