Investments

Swiss Post invests in its logistics and software

Swiss Post is investing in the construction of three regional parcel centers and in sorting systems for letter processing. In 2018, PostFinance introduced new banking software. These investments enable Swiss Post to lay the foundations for the future.

In 2008, PostLogistics delivered around 104 million parcels. By 2018, this figure had risen to 138 million, and the growth is set to continue. Swiss Post will therefore invest more than 150 million francs in the construction of three new regional parcel centers in Vétroz, Cadenazzo and Untervaz by 2020. The company expects to build additional parcel centers in other regions, but the number of future locations is as yet undecided. The three new centers offer a practical expansion to the logistics network and will help relieve the pressure on the three existing parcel centers. The three new locations will be designed to accommodate sorting capacity of 8,000 parcels an hour. PostLogistics is also investing in electric delivery vehicles to be used for parcel deliveries in urban areas.

To continue to keep pace with technological change, PostMail is investing 74 million francs in installing new systems for consignment preparation at the Zurich-Mülligen letter center and in adapting work areas to ensure they are optimized for goods flow.

During the Easter weekend, PostFinance brought its new core banking system into operation – within budget and on schedule. This lays the foundation for simple, digital products that are faster for customers.

To harmonize and standardize financial processes and value flows throughout the Group, Swiss Post is investing 85 million francs in a new centralized SAP system that will replace its existing applications by 2021, making financial control more cost-effective and consistent.