9-2 Final Project: Strategic Planning Proposal
Nick Roy
MBA-540-Q1716 Organizational Strategy in Global Environment 23TW1
Professor Cedric Alford
Southern New Hampshire University
October 22, 2023 Company Overview
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In 2023, UPS has become the leader in the courier industry, capturing a market share of 40.89 percent. With a focus on small package delivery within the United States, UPS provides a wide range of courier services. Whether it's guaranteed air and ground transportation domestically, or international options, UPS ensures that businesses can efficiently ship products to their customers. Operating across North America, South America, Europe, and Asia, UPS serves both business and residential customers. Key facts of UPS include:
2022 revenue: $100.338B
2023 market cap: $137.13B (Has been on a downward trend since 2021 but still relatively strong amongst all competitors in the courier industry.)
2023 market share: 40.89 percent (Has now overtaken FedEx for the lead in the industry)
Total number of employees: 536,000 (340,000 of those employees are unionized)
Stock price: UPS (NYSE) $160.49 (As of the closing bell on September 15, 2023)
•(CSIMarket.com, United Parcel Service Inc (UPS) ) 3
The acquisition of BOMI Group will allow UPS Healthcare to add temperature-controlled storage units in 14 countries
The acquisition of Roadie allows UPS to begin offering same-day and local next-day delivery across the U.S. Existing Entities: Partnerships, Mergers, & Acquisitions