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Showing posts from May, 2020

Business Lessons to Learn from Amazon

One of the biggest organizations in the world, Amazon has changed the way we shop. Consumers are no longer willing to wait in the long queue at physical stores. Everything has gone digital now. We look at products and place an order. The product is delivered at the doorstep in no time. Amazon has achieved tremendous success over the years because of the unique and efficient  Amazon supply chain.  Considered as one of the best supply chain system, Amazon works with several third parties to ensure timely delivery of the product. They have warehouses across different cities that streamline the entire process. From the moment you place an order, the supply chain starts to work. The product will be picked up from the warehouse and handed to the third party who will deliver it. Amazon logistics and supply chain management  ensure that the fulfillment time is minimum and there are no delays in product delivery. Even in the time of a crisis, Amazon remains at the top of market. With the

Understanding Amazon Supply Chain Process

The retail industry has undergone transformation and e-commerce giants like Amazon have contributed to the change. One of the largest companies in the world, Amazon has made a mark for itself in the industry. Consumers are no longer willing to wait in a queue at a physical store. They place an order for the product and have it delivered to their doorstep in no time. Amazon supply chain process has made it possible for Amazon to achieve high customer satisfaction and to reach out to consumers all across the globe. Amazon has tied up with third parties for quick and timely delivery of their products. They have warehouses across different cities in the country. The moment you place an order, the product is picked up from the warehouse and is handed over to the third party for delivery. Amazon’s supply chain management system has the lowest fulfillment time. They have real time data of the movement of the product and are aware of how soon the product will reach you. Amazon has mad

Benefits of Effective Supply Chain Management

Global supply chains have adopted a data driven approach to supply chain management. It gives end to end visibility for the monitoring of information, goods and services right from the place of procurement to manufacturing and finally to the end customer. An effective supply chain management system ensures that every product is at the right place at the right time. The benefits of supply chain management are discussed below. 1. Easy collaboration: The biggest challenge in the past was to collaborate with different departments and keep real time data of inventory. With a supply chain system, it is possible to get information at the right time and have a big-picture view of the business. 2. Better quality control: An efficient supply chain system will ensure greater control over direct suppliers and also their suppliers. It will reduce the cost associated with quality and will ensure high quality of the final product, minimal rejects and on time delivery. Supply chain consultin