A five-year strategic financial plan for 2GO Express, Inc. Almero, Kirsten Rei G., Chozas, John Emil M., Gervacio, Jesiree E., Mindanao, Samantha C., Salonga, Alyson Mikaela M. 6
By: Almero, Kirsten Rei G., Chozas, John Emil M., Gervacio, Jesiree E., Mindanao, Samantha C., Salonga, Alyson Mikaela M. 4 0 16 [, ] | [, ] |
Contributor(s): 5 6 [] |
Language: Unknown language code Summary language: Unknown language code Original language: Unknown language code Series: ; 4559746Edition: Description: 195 pagesContent type: text Media type: unmediated Carrier type: volumeISBN: ISSN: 2Other title: 6 []Uniform titles: | | Subject(s): -- 2 -- 0 -- -- | -- 2 -- 0 -- 6 -- | 2 0 -- | -- -- 20 -- | | -- -- -- -- 20 -- | -- -- -- 20 -- --Genre/Form: -- 2 -- Additional physical formats: DDC classification: | LOC classification: | | 2Other classification:| Item type | Current location | Home library | Collection | Call number | Status | Date due | Barcode | Item holds |
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| Book | PLM | PLM Filipiniana Section | Filipiniana-Thesis | HG4026 A46 2024 (Browse shelf) | Available | FT8515 |
Financial Plan: (BSBA major in Financial Management) - Pamantasan ng Lungsod ng Maynila, 2024 56
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Executive Summary: This paper outlines a strategic financial plan for 2GO Express, Inc., the first- and last-mile courier solutions arm of 2GO Group, Inc., and a key subsidiary of SM Investments Corporation. As a leading logistics provider in the Philippines, 2GO Express serves diverse sectors through its core services, including small cargo deliveries, land and air freight, e- commerce logistics, and international shipping. With a vast network of nearly 1,000 outlets, 700 trucks, and 2,000 motorcycle couriers, 2GO Express ensures timely and reliable logistics solutions nationwide. While 2GO Express has a strong presence in its industry, it faces multiple challenges, such as intensifying competition, high operational costs, and financial pressures stemming from a negative return on equity. This strategic financial plan addresses these challenges by leveraging strategic partnerships, particularly focusing on e-commerce expansion, to strengthen the company's market position. The primary focus of this plan is to achieve sustainable growth by forming strategic alliances with key e-commerce platforms and industry players. This approach aims to increase 2GO Express' market share in the rapidly growing e-commerce sector, which has seen significant growth in the Philippines due to shifts in consumer behavior and the surge in online shopping. By partnering with leading e-commerce companies, 2GO Express can enhance its last-mile delivery capabilities, expand its customer base, and optimize its logistics network to meet the increasing demand for fast and reliable shipping. The strategic financial objectives of 2GO Express focus on reducing cost of service by 12% annually, boosting revenue by 20% annually, and achieving an approximate 30% increase in ROE. These goals will be accomplished by enhancing digital marketing efforts, expanding service offerings, and leveraging strategic alliances to improve resource allocation and operational efficiency. In summary, the key initiatives focus on expanding e-commerce partnerships to improve delivery times, service reliability, and supply chain efficiency. These collaborations aim to broaden 2GO Express' customer base and strengthen its position in the digital commerce market. By addressing profitability challenges and leveraging strategic alliances, 2GO Express seeks to enhance its services, drive revenue growth, and solidify its leadership in the Philippine logistics industry.
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