CTT invests €40 million in modernising postal distribution network
Portugal’s postal company CTT is to invest €40 million in modernising its postal and logistics operations.
The modernisation will take place over the next two years according to the weekend newspaper Sol.
The idea, according to the US consultancy firm A. T. Kearney is a simple one: “fast-track increased automation of mail separation, improve working conditions, up quality and modernise the distribution network infrastructure”.
The saving objective could be as high as €25 million annually by 2020.
The company’s CEO stated, “The modernisation and investment plan represents an investment that will prepare CTT for the future. We are modernising an infrastructure that was designed 30 years ago so that it can meet the new demands of the postal sector, continue to promote quality and improve working conditions, enhancing the important role that our postman have as links to local communities,” says Francisco Lacerda.
The investment will be applied to new postal separation machines, the modernisation of the network and improving conditions at distribution centres and of equipment to: “adapt the network to meet a new traffic profile, responding to a fall in the volume of mail and a growth in the area of orders and express mail and parcels which reflect changes in consumer behaviour thanks to the digitalisation of the economy and society.”