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MarketScreener Homepage  >  Equities  >  Nyse  >  United Parcel Service, Inc.    UPS

UNITED PARCEL SERVICE, INC.

(UPS)
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Delayed Quote. Delayed Nyse - 11/23 04:10:00 pm
166.6 USD   +1.73%
04:41pUNITED PARCEL SERVICE : UPS Shanghai International Hub Fact Sheet
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04:33pUNITED PARCEL SERVICE : UPS Malaysia Fact Sheet
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Ware2Go : Launches FulfillmentVu Technology Platform

10/08/2020 | 09:05am EST

Ware2Go ‘Levels the Playing Field’ With Fulfillment Tech to Enable Merchants of All Sizes to Scale Sales Channels Faster with Flexible Fulfillment Capabilities.

Ware2Go, a UPS (NYSE:UPS) company offering on-demand fulfillment through an integrated tech platform for one- to two-day shipping, today announced FulfillmentVu, a new technology platform with a combined warehouse management system, order management system, and transportation management system that empowers merchants of all sizes to easily meet customer expectations across all sales channels to drive revenue growth.

Integration points across any sales channel, eCommerce storefront, or ERP allow for further standardization across Ware2Go’s extensive warehouse network and enable merchants to fully customize their fulfillment operations with little to no oversight or operational burden.

“In today’s B2E (Business to Everyone) era of commerce, businesses of all sizes need fulfillment that enables them to scale with demand and respond to growth opportunities, even in a turbulent market,” said Ware2Go CEO Steve Denton. “We’re continuing to accelerate innovation, empowering our customers, as well as our warehouse and shipping partners, with the technology and tools they need to do their jobs more efficiently,”

FulfillmentVu provides a single connection point between fully optimized sales channels and extensive fulfillment capabilities. The flexible and comprehensive fulfillment network is fully responsive and can adapt quickly with shifts in demand or channel requirements. Key technologies and features include:

  • Connected Channels – a configurable merchant portal offers more than 70 connectors that link order fulfillment to virtually any sales channel, ecommerce provider, marketplace, or EDI.
  • Warehouse Management – comprehensive warehouse management capabilities include retail compliance, third party billing, lot and expiry tracking, as well as management of big and bulky items, and serialization.
  • Transport Flexibility – a broad range of transportation management options including small parcel, less than load (LTL), full truckload (FTL), international shipping, UPS SurePost and UPS Mail Innovations.

FulfillmentVu’s advanced fulfillment capabilities connect the power and scale of Ware2Go’s existing nationwide 1- to 2-day delivery network and infrastructure. When supported by Ware2Go’s rigorous service level agreement (SLA) guaranteeing 99% accurate and on-time fulfillment, this technology drives measurable growth outcomes and exceptional customer experiences.

Such capabilities and automation can drive significant outcomes for merchants who can quickly capitalize on growth opportunities. Its flexible pricing and operational model eliminate long-term contracts, as well as order minimums, to facilitate multichannel growth at any level.

“Historically, this type of technology has only been available to large enterprise companies due to cost, complexity, and infrastructure,” said Denton. “FulfillmentVu, along with Ware2Go’s 1- to 2-day delivery network, is leveling the playing field and enabling companies of all sizes to compete and win across all sales channels.”

Chief Marketing Officer at UPS, Kevin Warren, sees the launch of FulfillmentVu as another milestone in Ware2Go’s trajectory of growth. “Ware2Go has grown and matured at an incredible pace while designing a new technology-first approach to fulfillment optimization. With a YOY revenue growth of more than 7x and a client retention rate above 98%, the market values Ware2Go’s first of its kind solution which combines fast service, innovative technology, and the flexibility to adjust with demand.”

About Ware2Go

Ware2Go, a UPS Company, operates a turnkey nationwide fulfillment network designed to help merchants easily position products closer to end customers for a fast, inexpensive, and reliable order-to-delivery experience. Ware2Go offers an integrated solution for storage, pick, pack, and shipping services to businesses of all sizes through an intuitive cloud-based technology platform that makes it easy to extend your distribution footprint and scale up and down as your operational needs change. Ware2Go simplifies nationwide fulfillment to help you meet your customers’ needs and expectations. For more information, visit http://www.ware2go.co/.


© Business Wire 2020
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Financials (USD)
Sales 2020 82 513 M - -
Net income 2020 6 514 M - -
Net Debt 2020 17 731 M - -
P/E ratio 2020 22,3x
Yield 2020 2,42%
Capitalization 142 B 142 B -
EV / Sales 2020 1,93x
EV / Sales 2021 1,82x
Nbr of Employees 377 640
Free-Float 82,7%
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Technical analysis trends UNITED PARCEL SERVICE, INC.
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 171,24 $
Last Close Price 166,60 $
Spread / Highest target 26,1%
Spread / Average Target 2,79%
Spread / Lowest Target -55,6%
EPS Revisions
Managers
NameTitle
Carol B. Tomé Chief Executive Officer & Director
William R. Johnson Non-Executive Chairman
George Williams President-US Operations & Senior Vice President
Brian Newman Chief Financial Officer, Treasurer & Senior VP
Juan R. Perez Senior VP, Chief Information & Engineering Officer
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