Cost
Part of the Generally Accepted Accounting Principles, this business tool allows a company to expense out the cost of an asset over a pre-determined useful life.
What is Depreciation
The acronym SMB stand for this, when we are talking about business segments.
What is small and medium business
This tradition is followed when there is expansion of UPS's global network, a significant new service offering, or the company moves in a new direction.
What is ringing of the UPS bell
When a package goes through the EDS tunnel, these 2 requirements need to be captured to be considered a valid scan.
What is a good barcode scan and good dimensions.
This error occurs when an employee is reporting timecards in two separate timecard systems under the same work activity time.
What is the "Z'ed" out error
This phrase is used to describe revenue increasing faster than operating expense.
What is Positive Operating Leverage
This business segment is the most profitable segment when looking at CSRT (Customer Segment Reporting Tool)
What is SMB
Prior to moving the Corp HQ to Atlanta, the previous Corp HQ was located here
What is Greenwich, CT
This is the maximum weight allowed for a package before being classified as additional handling.
What is 50 lbs.
This contract violation is applied when a Bid Air Driver performs Ground package pick up or delivery.
What is an Article 40 Violation
This package volume, a primary component of Cost Per Piece does not show up on any production report and is primarily processed on local and HUB sorts.
What is Picked Up or Billed volume
This is UPS most profitable product services.
What is Exports
In 1999, UPS becomes a public company with an initial public offering of $__ a share
What is $50
This is the calculation for Girth of a package.
What is (2*Height) + (2*Width)
The number of days an hourly employee have to report to work in the previous year to qualify for their full vacation in the following year.
What is 156 reports
These cost buckets represent 85% of the districts total operating expense.
What are Payroll and Benefit expense
The calculation for Op leverage.
What is total Operating Revenue divided by total Expense
Merchants Parcel Delivery (name is later changed to United Parcel Service) purchased its first package car, a Model T Ford in this year
What is 1913
In regards to measuring a package, UPS follow this rule to measure package to a whole inch.
What is the rounding rule.
The amount of hours a Pt Sup should only work in a week during non peak holiday to prevent payroll issues.
What is 22 hours
This metric is used to monitor the efficiency of UPS's most core function and on average costs the Florida District $90,000 for each 0.10 variance to plan.
What is Net Delivered Pieces Per Hour / NDPPH?
The calculation for Operating ratio.
What is total expense divided by net revenue
In 1975, UPS became the first package delivery company to serve every address in the 48 continental United States. This momentous convergence of service areas became known within UPS as...
What is the "Golden Link"
In Q2 2020, the Florida District Revenue Recovery function recouped $_____ in total revenue.
What is $17.6 million.
Recognized by the acronyms SPL, this tool is used for adjusting wage rates for system limitations.
What are Special Pay Logs