Deutsche Post DHL Group is the world’s leading logistics company with 1.59B parcels delivered per year.
The Group enables global trade by connecting people and markets. DHL Express is one of five business units within the Group, endeavoring personal and business shipping services with speed and security. DHL Express’ 103,000 colleagues are united by a passion for logistical efficiency.
Finance operations has gained influence over company direction. DHL Express endured significant impacts across their business due to the coronavirus pandemic. Early on, DHL Express saw a sharp drop in volumes. Adapting their freight and aircraft network to respond to shifts in global supply chains, DHL Express has seen exceptional performance of their operating margin, meeting and exceeding prior year’s levels.
Fortunately, a prior global finance transformation effort prepared DHL Express for “what if” scenarios – including micro- and macro-economic factors, Brexit, digitization, and even pandemic impacts to manufacturers’ global supply chains. Their strong financial management strategy uses data to maximize operating margins and improve bottom-line revenue.
Evidence of this is in their most recent quarter completed where DHL Express saw cost and yield management measures continue to aid in growth of division earnings by 8.4% YOY.