Fedex Research Planning for Decision Making
Essay title: Fedex Research Planning for Decision Making
CORE SECTION
Research Planning for Decision Making
Question One
June 2005
a. Brief
A marketing research brief to examine the attitudes of customers, non-customers and employees to FedEx Express with regard to environmental issues
1) Background
FedEx Express is the worlds largest express transportation company, providing delivery to every U.S. address and to more than 220 countries and territories. FedEx Express uses a global air-and-ground network to speed delivery of time-sensitive shipments, usually in one to two business days with the delivery time guaranteed.
FedEx Express is part of FedEx Corporation, which provides strategic direction and financial reporting for a group of companies. This report is only concerned with FedEx Express.
FedEx Express Facts
History
Founded June 1971 as Federal Express Corporation
FY04 Revenue
$17.5 billion (includes FedEx Trade Networks
Workforce
More than 138,000 employees worldwide
Average Daily Volume
More than 3.2 million packages daily
Service Area
More than 220 countries and territories, including every address in the United States
Air Operations
More than 375 airports served worldwide
Delivery Fleet
Approximately 41,000 motorised vehicles
[Source: www.fedex.com]
The FedEx Express product range is broken down into the following services: FedEx Express: U.S.; FedEx Express: International; FedEx Express Freight.
2) Project Rationale
FedEx is among the best Fortune 500 companies for its initiatives in environmental issues (source: fedex.com)
FedEx Express recognises it has an environmental impact. It uses resources, disposes of waste, and produces greenhouse gases from energy used for heating, lighting, equipment and transport.
These days national and international bodies urge organisations to go beyond specific environmental protection legislation, FedEx Express is one and intends to continue to be one of those organisations.
Reasons for FedEx Express’s Proactive Environmental Management
Improve reputation
Aid communication with a wide variety of stakeholders
Improve management of risk
Help to identify opportunities for savings in resources used and operating costs
It is important for FedEx Express to assess stakeholder attitudes towards FedEx Express’s management of the environment. Ignoring this would be potentially damaging to image and unnecessarily costly.
It is therefore understandable that effective environmental management is and has been a global corporate priority for FedEx Corporation, and is actively involved in environmental innovations and technologies designed to support this priority. This is illustrated by the company’s environmental policy statement (see appendix 1). The research programme is expected to show how well this policy and it’s activities are being received by stakeholders.
Ultimately the aim is to learn whether FedEx Express’s environmental policy is correctly aligned with expectations of three stakeholder groups:
Customers
Non-Customers
Employees
3) Objectives
Objective One
Assess the selected stakeholder perception of FedEx Express’s environmental image.
Essentially, this first objective to ascertain how environmentally friendly people feel FedEx Express is. It hopes to answer the following questions: Is FedEx Express environmentally responsible? Does it have an environmental policy? If any, what environmental initiatives have the company tired to carry out?
Objective Two
Assess how appropriate stakeholders view FedEx Express’s current position on environmental issues is.
This