MBA
Project 2- Final Situation Audit Winter 2018 MBA 610 .doc

Human resource management team is also responsible

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16 Human Resource Management team is also responsible for training, setting up mentors for new employees and development. This portion of responsibly from HRM is similar to the mission statement of continually staying ahead, being innovative and giving the customers great experiences (Heathfield, 2017). Financial Resources Financial resources is defined by business dictionary as “the money available to a business for spending in the form of cash, liquid securities and credit lines”. (Business Dictionary, 2015) Prior to starting and maintaining a business, the company has to secure financial resources in order to be able to operate successfully, efficiently and sufficiently. (Business Dictionary, 2015) Due to XPO Logistics being a publicly traded company, profit and losses are made public for current and potential investors. On the Investors website it shows the P&L, quarterly and annually. XPO is doing exceedingly well financially. According to Forbes, XPO is one of 2017 top performing companies. “ Revenues for the company nearly doubled between 2015 and 2016, from $7.6 billion to $14.6 billion.” (Murphy, 2017) The growth rates of XPO are historically and significantly more that and other company in its field. From 2014 to 2015 the XPO has increased profits more than three times, over the following year the revenue growth was about 92%. This is so impressive because the growth for the industry is normally really slow. (XPO Logistics, 2017) Technology Technology resources is the use, and sufficient management of innovative and advanced information and computing technologies have the potential to serve as strategic differentiators Page | 16
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17 in what is an increasingly competitive global marketplace. This applies across sectors, industries, organizational sizes, and markets. (Wickoff, 2018) XPO Logistics has invested more than $450 million a year in technology resources. Because of our technology, customers continue to grow with the organization. The growth, technology and satisfaction of the customer is what drives the global network. Technology also punches creating efficient and visibilible, fueling improvement, innovation, automation and customization. XPO stands by their belief that information technology can truly revolutionize supply chains. The organization is continually transforming transportation and logistics through vast innovation. The technology growth is done with a global team of approximately 1,700 technologist that is focused on developing ways to satisfy and serve the customers better. The proprietary, cloud- based technology is able to give XPO Logistics the resources and capability to answer to customer needs, and the main reasoning behind why customers trust the organization each day with 160,000 ground shipments and approximately 7.5 billion inventory units. (XPO Our Company, 2018) Major Physical Assets Physical resources refers to the term physical property of the organization. The physical resources include but are not limited to the organizations property, the buildings, renovations,
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