Enjoy Upto 50% OFF on Assignment Solutions!
Want the Best Assignment Help in the UK? Look to Native Assignment Help for unparalleled expertise and support. Our dedicated team of professionals goes above and beyond to ensure you receive top-quality assignments that exceed your expectations.
For more than a decade, supply chain management (SCM) has been used as a tool to reduce costs and improve operational efficiency in organizations. Contemporary supply chain management requires strategic synchronization of end-to-end business operations to generate market and financial benefits, as well as offering a company a competitive edge over their competitors. Supply chain management is now more important than ever, and it is critical to the success of any firm. It can enhance customer service, reduce operational expenses, and improve a companys financial position.
Technology has reshaped the approaches within the supply chain process, driving companies towards success (Kwak, Seo and Mason, 2018). The use of technology in supply chain management has enabled companies to optimize performance. This report demonstrates Amazon's supply chain innovation and its impact on the company's prospects.
Company Background
Amazon has been enhancing its efficiency through technological investments and improved services. Known for its customer-centric approach, Amazon prioritizes client convenience and demand. Originally a bookstore, Amazon has become the worlds most profitable online retailer. Founded by Jeff Bezos in 1994, it now offers a wide range of products including electronics, books, clothing, and more, along with services like Kindle e-books. Amazon's extensive product range and rapid delivery have contributed to its success, serving over 200 regions worldwide and targeting middle- and upper-class households with internet access (Hahn, Kim and Youn, 2018).
Amazon faces competition from Alibaba, Walmart, Flipkart, eBay, and others. Its success hinges on innovative supply chain management, integrating technology to optimize services (Kalaitzi et al., 2021). The company has expanded its logistics, warehousing, and air services to handle increased demand.
Supply Chain Innovation of The Company
Amazon employs robots, drones, sensors, augmented reality, and AI in its facilities to enhance its digital supply chain (Kwak, Seo and Mason, 2018). Notably, Amazon Prime Air uses drones for quick deliveries, aiming for 30-minute shipments in major markets, although this is still developing. Amazon Robotics automates inventory storage and order picking, with about 100,000 robots globally, reducing costs and addressing labor shortages (Bastige, 2019).
Drone Technology
Amazon uses robotics for order fulfillment and has introduced drone delivery to reduce shipping times and costs, especially within 15 miles of warehouses.
Warehousing
Amazon's warehousing strategy involves strategically located facilities near major urban centers, including mini-warehouses for smaller locations. Its Relay trucking software streamlines shipments by tracking deliveries via QR codes.
Analyse the supply chain innovation technology
Technological advancements are revolutionizing supply chain management, enabling real-time surveillance and control through wireless and cloud technologies, improving efficiency and transparency (Hahn, Kim and Youn, 2018). These innovations allow better communication, faster decision-making, and enhanced customer interactions.
Wireless solutions and automation reduce costs and improve data accuracy, helping managers optimize supply chains and respond quickly to issues.
Real-time communication tools foster better coordination among supply chain partners, improving agility and responsiveness.
Driver-assisted platooning (DATP) can mitigate driver shortages, improve fuel efficiency, and reduce emissions, supporting sustainable logistics.
Application of theories
The concept of a "dominant design" (Utterback and Abernathy, 1975) explains how standardization in technology leads to industry convergence and competitive advantage. Amazon can leverage this by adopting and refining dominant designs in its supply chain innovations to maintain market leadership.
In conclusion, Amazon's ongoing technological innovations and strategic adaptations exemplify the importance of integrating advanced supply chain concepts to sustain competitive advantage and meet rising customer demands.
Recommendations
Minimize physical contact points by implementing contactless delivery, drop shipping, and automated data entry systems to enhance safety and efficiency, especially post-pandemic (Hugos, 2018). Standardizing data input and using AI for predictive analytics can reduce errors and streamline operations.
Investing in autonomous vehicle technology like DATP can improve transit efficiency, reduce environmental impact, and address driver shortages, aligning with strategic sustainability goals (Hahn, Kim and Youn, 2018).
This report underscores the critical role of technological innovation in transforming Amazon's supply chain, emphasizing the importance of adopting dominant designs and futuristic technologies to sustain competitive advantage and adapt to global challenges.
#J-18808-Ljbffr.../Modular Artist THE STUDIO (AKA ABOUT US) Carbonated is a games studio founded in 2015 by industry veterans whove built and run... ...by piece crafting modular systems that empower artists and designers to quickly create beautiful, optimized, and reusable environments...
...benefits (subject to eligibility requirements). WHO WE ARE For nearly 30 years, Exos has been dedicated to getting people ready for the moments that matter by promoting a holistic approach to health. As an elite coaching company, Exos applies its evidence-...
...Company: GIA Legacy Planning Location: Remote Position/Work from Home Job Type: Full-Time | Part-Time | Uncapped... ...Here,ordinary doesnt exist. We're not just selling life and health insurancewe're changing lives, securing futures, and empowering people...
...Our team is currently looking for an Accountant who will be responsible for ensuring accurate presentation of financial records. They will provide accounting support and prepare analysis, journal entries, and account reconciliations. This team member will work directly...
...Our quickly growing, very well-established online recruiting/marketing agency is currently seeking another highly skilled and experienced Digital Marketing Manager to join our team. The ideal candidate is a well-rounded marketing expert with proven high-level success...