Prepare to hear a lot more about network rationalization.
The USPS is in the process of of consolidating up to an additional 82 mail processing facilities. When combined with previous closures, this reduces the number of processing facilities by nearly half. A result of this change is new lower standards for delivery, which means mail will take additional time to arrive at its destination. Payments will arrive slower, and your organization will have to adapt to this reform.
At the same time, the USPS has stated its intention to raise rates in April, pending the approval by the postal regulatory commission.
You can’t control the speed of mail delivery or mandated price increases, but you can apply strategies to mitigate the impact of these changes while reducing costs.
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