Alistair Cochrane, Chief Operating Officer at Royal Mail, and Ricky McAulay, UK Operations Director at Royal Mail, discuss first and last mile strategy, including:
- Changes at Royal Mail after the 2022 industrial dispute
- Removing domestic air freight and moving to road or rail
- Restructuring costs in the business, including labour rates
- Restoring relationships and confidence with stakeholders and customers
- Reform to Universal Service Obligation
- Strategic importance of Royal Mail's new Super Hub
- Reasons for locating the Super Hub in the Midlands
- Automation, efficiency, and competitiveness
- Diversifying Royal Mail's last mile delivery offering
- Relationship with Post Office Ltd for delivery
- Partnering with third-party PUDO networks
- Parcel lockers
- Challenges of delivering letters and parcels to remote areas
- Importance of getting pricing right