Boston, MA – August 12, 2021 — Escher, the global leader transforming postal operators and couriers, today announced the results of its fourth annual Future of Posts survey. The Future of Posts 2021 Report highlights insights from a total of 151 respondents from 70 national post offices from around the world. The report reveals the resiliency of postal operators as they accelerate some of their strategies while re-prioritizing their resources against the backdrop of a rapidly changing landscape.
The survey was conducted while the pandemic was taking place at different stages globally. The results show that increased e-commerce parcel volumes and challenges in cross-border shipments are the two main impacts the pandemic had on Posts. Effects on revenue and profitability were quite varied, with 36% of Posts indicating that the pandemic had a positive impact on their revenue. Also, according to the survey, 38% of Posts are accelerating their delivery network expansion strategies because of the pandemic.
The survey results show that e-commerce is expected to have the greatest impact on business over the next five years. Furthermore, 77% of Posts had indicated that e-commerce parcels will present the greatest growth opportunity for their business.
Digital transformation, last-mile delivery, and cross-border e-commerce are expected to be the top investment priorities for Posts over the next three years. The importance of digital transformation and most aspects relating to the parcels business and e-commerce are consistent with last year’s results.
“Posts clearly see the opportunity in e-commerce and they’re taking decisive steps to set themselves up for success,” said Brody Buhler, CEO, Escher. “Strategies to trim costs and boost operational efficiencies are also evident with a heavy focus on automation and route optimization which will help Posts to improve parcel operations. Posts are also increasingly examining the synergies between their retail and delivery networks, and determining how best to drive greater efficiencies and opportunities from these areas.”
“I’d like to once again thank all participating Posts for the insights shared in this year’s survey,” continued Buhler. “Your collaboration and commitment to this initiative help further the entire industry.”
Other Highlights from the 2021 Report:
Between January and March 2021 our research partners, Triangle Management Services, conducted an online survey of postal leaders worldwide. Responses from 151 participants across 70 Posts were analyzed to provide us with a view of current and future growth plans for the global postal industry.
Escher powers the world’s first and last-mile deliveries, helping Posts connect nearly 1 billion consumers with global e-commerce networks. Postal operators rely on Escher to deliver enhanced retail and digital customer experience, to activate new revenue streams, and to realize new delivery economics.
The company’s award-winning customer engagement platform, Riposte, and Escher’s full-service support help Posts become next-generation enablers of e-commerce. First and last-mile delivery becomes streamlined, efficient, and profitable and is powered by the most customer-centric, low-cost, retail network imaginable. Posts can also rapidly expand and deepen all points of engagement with ease and in a highly cost-effective way.
KP Communications for Escher Group