Much emphasis has been placed on reducing the Postal Service’s costs in response to its financial crisis. Yet financial viability could come in the form of a balanced approach that both reduces costs and increases revenue. How would a smart business respond to declines in its major products? Would it raise prices where possible in stagnant areas and invest the proceeds into existing or new growth areas? Would it selectively discount products to grow volume in price sensitive segments?
As we release our Fall Semiannual Report to Congress (SARC) highlighting our work from April 1 through September 30 of this year, the country still finds itself amid a global health crisis that has impacted just about all aspects of American life, including the bedrock of any democracy — the...Read More