A leading book on business strategy and innovation claims, “through innovation, business organizations can change the world.”
A 2010 study on global postal innovation by Capgemini states “there is a general tendency among all postal operators to diversify by investments outside their core business (mail, parcel),” especially into the logistics and financial services areas. Among European operators, Poste Italiane, Swiss Post, Deutsche Post DHL (Germany), and Austrian Post, in particular, have increased their share of non-core business.
Poste Italiane introduced the Postepay prepaid card at the end of 2003. Over 5.6 million customers in Italy have used this reloadable card, which allows them to make purchases and withdraw cash from ATMs. There is a one-time fee of €5 ($6.44) for opening the account and adding funds to the card or withdrawing money costs €1 ($1.29) at an Italian Poste.
City and rural carriers deliver and pick up mail, including letters and packages. In addition, they are familiar figures who care about the people they serve, often helping in dramatic ways while making their rounds in neighborhoods 6 days a week. The U.S. Postal Service has many examples of carriers sending for help when senior citizens fail to collect their mail, alerting residents of fires, aiding accident victims, and even stopping burglaries.
But what else can carriers do? Could they provide additional services because, after all, carriers and their vehicles are present 6 days a week in every neighborhood in the U.S.? Each potential service opportunity for carriers should be evaluated by three criteria: the investment required, the risk assumed, and the potential benefits that could be achieved. So, what are some other responsibilities that carriers can take on while delivering the mail that would result in a positive return on the Postal Service’s investment?
How about:
Traditional addressing systems rely on subjective identifiers like street names and business or residence numbers. These addressing systems have generally offered the U.S. and many foreign postal services an effective means to identify pickup and delivery locations. However, recent technological innovations related to digital mapping have led some to consider the adoption of an addressing system based on geocodes.
Unlike traditional postal codes, such as a ZIP code, a geocode is not a subjective descriptor, but a series of letters and/or numbers based on the physical location, or latitude and longitude coordinates, of a business, residence, or even point of interest. For example, under a geocode system, location of the USPS OIG headquarters may be identified by a single number such as 35602.1092.4393 which contains information about the latitude (38° 53′ 45.996″) and longitude (-77° 4′ 14.6784“) of the building.
It’s been a year of major changes in the postal world. Looking over the headlines, the staff at the Office of Inspector General has pulled together the list below of the top 10 postal stories for 2011. Take a moment, read them over, and vote for your top story of the year. If you think we missed one, let us know!
10. Another Year, Another Loss – Even with a deferral of the retiree health payment, the Postal Service loses $5.1 billion in 2011, although $3.7 billion is changes to workers’ compensation expenses.
9. To Exigent or Not to Exigent – After federal appeals court remands the exigency case back to the Postal Regulatory Commission (PRC), the Postal Service is still undecided on whether it will pursue higher than CPI rates.
8. Pension Funding in the Black – OPM projects a $13.1 billion surplus in the Postal Service’s FERS and CSRS pension accounts for 2011.
7. DVDs by Mail Not Dead Yet – Netflix is forced to backpedal after customers rail against the company’s plan to unbundle DVDs by mail.
6. GAO Just Says No Overpayment – The Government Accountability Office (GAO) weighs in on the debate about the Postal Service’s $75 billion CSRS overpayment, stating there was no evidence of accounting errors and returning the funds is ultimately a policy choice that impacts the federal budget.
5. Digital Media to the Rescue – Ironically, blogs such as Dead Tree Edition, Courier, Express, and Postal Observer, and Save the Post Office are driving the debate in the area of hard copy postal issues.
4. Is Overnight Over? – The Postal Service proposes changing delivery service standards, including eliminating overnight delivery for First-Class Mail, to capture savings from network consolidation.
3. Plethora of Bills, Paucity of Law – An unprecedented interest in postal reform yields an abundance of legislative proposals, yet still no new law.
2. Cut, Cut, Cut – The Postal Service announces a provocative plan to break labor contracts, withdraw from federal health and retirement plans, and seek workforce reductions of 220,000 through layoffs and attrition.
1. Something’s Got to Give Round 1 – The Postal Service’s aggressive plans to close about 250 processing plants and more than 3,600 post offices hits strong opposition leading to a temporary moratorium on closings until May 15, 2012.
This blog is hosted by the OIG’s Risk Analysis Research Center.
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