Posted in Operations and Supply Chain Terms, Total Reads: 281
Definition: Package Delivery Service
Package delivery Services refer to the services when a government organization or a private company takes a responsibility to transfer the package from one location to another for certain amount of fees. The package may refer to a document, a small item or a very large item and the charges taken by the companies are according to the size of the object and the weight of the object are the two criteria on which the fee of the package is fixed.
The Package delivery service was exclusively allowed to the Indian Postal services in India but the government later opened doors for private players as well after which a large no. of companies in the package delivery segment have started to operate like DHL, Blue dart, DTDC etc. these companies are competing neck to neck with the Indian Postal services in the Urban areas as they provide better services like home pick up and Tracking services i.e. a customer can track at what point is the courier on its path to delivery. But looking at the rural areas Indian postal Services is the largest in the country covering the maximum no. of pin codes throughout all of the country.
A new segment of players has emerged in the package delivery services after the rise of E-commerce and while many small companies outsource the their delivery services but many bigger players have a separate division for their logistic arms even for the last mile delivery.
Browse definitions and meaning of more concepts and terms similar to Package Delivery Service. The Management Dictionary covers definitions and overview of over 7000 business concepts from 6 categories.