UPS Rolls Out 5 New Products In 2008
UPS strengthens its Asia service portfolio with five new products aimed at simplifying global trade for Asian companies conducting business internationally.
UPS will also introduce four new consumer technology products that come as a direct result of the US$1billion UPS invests in technology annually.
UPS's customer technologies are designed to make it easier for UPS customers to be more efficient. With UPS 24/7 tracking, they have peace of mind knowing the location of their shipments, and with UPS's latest service offerings, there is even greater reliability and efficiency.
1) UPS Paperless InvoiceSM:
UPS Paperless InvoiceSM is an industry first and it focuses on the hassle-free shipping. It cuts down paperwork for the customers, while ensuring that the different customs of the world get the right information in the right format, that shipments are cleared without delay. Most delays are caused by incomplete information. With UPS Paperless Invoice, the commercial invoice can be sent ahead electronically to the destination country for customs clearance while the package is still in transit, reducing the chances of delays and promoting a paperless environment.
2) UPS Broker of ChoiceSM:
Customers who choose to handle their own brokerage can now activate another new UPS product, UPS Broker of ChoiceSM, which allows them to designate their own customs clearance broker for a chosen shipment.
3) UPS FTZ FacilitatorSM:
Importing and Exporting to and from Free Trade Zones (FTZ) require special handling. UPS FTZ FacilitatorSM taps into UPS's wealth of experience working with FTZs around the world to help customers go through the necessary processes step by step. Using UPS FTZ Facilitator helps customers who import and export to and from FTZs be assured that their shipments are delivered on time, without delays and without paying any unnecessary duties.
4) UPS ReturnsSM:
UPS ReturnsSM opens up a whole new world of retail and supply chain management for businesses. One growing area that will benefit directly from UPS Returns is ecommerce, giving an option to businesses to offer a return service for their customers. When customers know that they can easily return products they bought over the internet, the risk is lowered and they will be more open to purchasing online. Ecommerce businesses with an efficient service will have a competitive advantage over those who do not.
With UPS Returns, post sales service can also be transformed by minimizing the number of service centers companies need to maintain across Asia. Instead of going directly to a local service center, customers of businesses can use UPS Returns to return items for repairs and replacements. Companies using UPS Returns can lower their overall costs by maintaining fewer service centers, while still maintaining the same level of service efficiency.
5) UPS Clinical TrialsSM:
UPS Clinical Trials is targeted at the pharmaceutical and biotechnology companies as well as hospitals and medical labs where they need biological substances transported internationally for clinical tests and research.
"The global logistics need for the healthcare industry is estimated at US$43 billion and UPS Clinical Trials caters to a niche group within the industry. Clinical labs, hospitals, medical universities and pharmaceutical and biotechnological companies require the transportation of biological substances which requires extra careful handling and that's where UPS Clinical Trials comes in," said Ken..
UPS is in a unique position as the only carrier rooted in both integrator and freight-forwarding business models, and has blended its networks to offer a single air freight portfolio. As the 9th largest airline in the world with a fleet of 282 aircraft and a global freight forwarder with access to other airlines, our customers gain a competitive advantage by relying on a network that offers a high degree of choice, convenience and predictability without sacrificing single-source accountability.
UPS (NYSE: UPS) is the world's largest package delivery company and a global leader in supply chain and freight services. With more than a century of experience in transportation and logistics, UPS is a leading global trade expert equipped with a broad portfolio of solutions. Headquartered in Atlanta, Ga., UPS serves more than 200 countries and territories worldwide. The company can be found on the Web at www.ups.com.
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