Deutsche Post is planning a new investment, such as e-commerce booms

FILE PHOTO: An electric-powered truck, the German postal and logistics group, Deutsche Post DHL, and has been shown to be one of packages to the distribution center in Berlin, Germany, on September 18, 2019 at the latest. REUTERS/Fabrizio Bensch/File Photo

BERLIN (Reuters) – Deutsche Post DHL set a new target for an operating profit of $ 5.3 billion euros ($5.77 billion) for 2022, and said it would invest in the field of warehouse automation and analytics to try to keep up with the fast-growing e-commerce business.

The creation of the strategy for the next five years, the German postal and logistics group, has also confirmed its guidance for an operating profit of € 5 billion by the year 2020.

In view of the current uncertain economic climate, the head of finance Melanie Kreis, said that the company’s new direction would be for a period of three years and rolled forward each year.

For the 2020-2022 time period, and the company is planning to invest between 8.5 and 9.5 million euros in total for the overhaul of the IT systems, and retrains the staff is friendly, the application of data analysis to assist in better planning the delivery routes, and to predict package volumes.

In figure 2, a billion dollars for the same, with the expectation that these expenditures will result in an annual saving of more than € 1.5 billion a year by 2025.

“We have not set ourselves once again to find out. We can capture,” said Chief Executive Frank Appel.

The new strategy is based on the assumption that the air freight will continue to grow at 1-3% per year is a sea freight to 2% -4%, and the transport of goods by road, 3-4%.

Reporting by Emma Thomasson; Editing by Tassilo Hummel, and Michele Martin

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