Author: Archive

Crisis-hit Post Office to cut thousands of jobs

Posted by | Oct 4, 2001 | |

CONSIGNIA, formerly the Post Office, told workers yesterday that it was “facing a financial crisis” and announced a pounds 1.2 billion cost-cutting plan involving thousands of jobs. Union leaders described the day as Black Wednesday. Consignia’s announcement coincided with news that British Midland is to axe up to 600 jobs and the French telecoms group Alcatel is cutting more than 650 in London. In an internal memo, John Roberts, Consignia’s chief executive, warned workers that the company would fail unless it took drastic action. “The levels of inefficiency in our business, despite our best efforts to control them, are crippling us.”

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Postcomm ponders Consignia controls

Posted by | Oct 4, 2001 | |

HE BRITISH POSTAL REGULATOR, Postcomm is considering imposing new service stan-dards and price controls on Consignia.
This coincides with the pub-lishing of Postcomm’s first annual report
Postconun chainnan Gra-ham Corbett says: “Our first year has been about laying foundations, licensing Con-signia, understanding the structure of the market, and above all listening to users, operators, the workforce and to the many organisations which responded to our consultation documents.”

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Pitney Bowes Completes Acquisition of Bell & Howell's International Mail and Messaging Technologies

Posted by | Oct 4, 2001 | |

Pitney Bowes has completed the acquisition of Bell
& Howell’s International Mail and Messaging Technologies (MMT) business in
Europe, Africa, Middle East and Asia, for million in cash. As announced
on April 18, 2001, the company agreed to acquire Bell & Howell’s
International MMT business following governmental approval and works council
consultations.
“This acquisition enables us to better serve the unique needs of our
customers worldwide,” said Michael J. Critelli, chairman and CEO of Pitney
Bowes. “It also extends our presence, reach and market share in non-U.S.
markets. We’ve significantly strengthened our position in areas of great
opportunity such as the German, French and Japanese markets, and enhanced
our overall breadth of coverage — including direct sales and service — in
key growth areas like Belgium and the Netherlands.”

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Concern over delays in the setting up of Post-Office-Based Bank

Posted by | Oct 3, 2001 | |

THE Government has denied it is considering scrapping the Universal Bank, which is at the heart of its plans to save village post offices.

The Department of Trade and Industry categorically denied reports that the future of the new post office-based bank was in doubt.

But Consignia, as the Post Office is now called, is increasingly concerned about a delay in drawing up a detailed blueprint for the Universal Bank.

It is due to come into operation in April 2003 but bosses are worried they will not have enough time to develop the complex computer technology which will be needed.

There is believed to be a dispute within Government departments about how many people will be able to open new basic accounts at post offices.

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Exel and E-commerce

Posted by | Oct 3, 2001 | |

A service to help retailers, e-tail-ers and manufacturers open up new distribution channels by pro-viding the often-missing piece of the e-commerce equation: timely and cost-efficient fulfilment and home delivery has been launched by Exel.

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Milk float delivery?

Posted by | Oct 3, 2001 | |

According to a report that landed on my desk recently, it will be excellence in fulfilment which determines the future winners and losers in online retailing

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