UPS

Definition

UPS is a global package delivery and supply chain management company that facilitates the movement of goods, funds, and information in more than 200 countries and territories worldwide. It offers services including shipping, tracking, and logistics solutions to both individual consumers and businesses across various industries.

Related terms

Logistics: The detailed coordination of a complex operation involving many people, facilities, or supplies.

Supply Chain Management: The management of the flow of goods and services, involving the movement and storage of raw materials, of work-in-process inventory, and of finished goods from point of origin to point of consumption.

E: commerce - The buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions