Supply Chain Digital Magazine November 2024 | Page 51

AMAZON
TOP 10 3PL / 4PL COMPANIES

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How Fulfillment by Amazon ( FBA ) works

AMAZON

REVENUE : US $ 576BN EMPLOYEES : 1,532,000 CEO : ANDY JASSY FOUNDED : 1994
Amazon has transformed into one of the world ’ s largest e-commerce and cloud computing companies . Its logistics arm , primarily represented by ‘ Fulfilment by Amazon ( FBA )’, operates in the 3PL industry . The company ’ s innovative approach includes advanced robotics , machine learning and AI to optimise its vast logistics network . Amazon ’ s multi -channel fulfilment allows sellers to use its infrastructure for orders from various sales channels .
Tools like Supply Chain by Amazon bring Amazon ’ s advanced capabilities to an entire supply chain . Combined with services through Amazon Global Logistics ( AGL ) Buy with Prime and other tools , users see an increase in their optimised inventory placement , automated replenishment for sales channels and reduced costs for shipping and storage .
Amazon ’ s commitment to continuous investment in technology and infrastructure , coupled with its data-driven approach , has set new standards in the logistics industry , forcing traditional 3PLs to adapt and innovateto remain competitive .
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