OPTIMIZING INVENTORY MANAGEMENT: AMAZON’S STRATEGIES IN RURAL SUPPLY CHAINS
Journal: International Education and Research Journal (Vol.10, No. 7)Publication Date: 2024-07-15
Authors : Arjun Budhiraja;
Page : 58-61
Keywords : Technology; Supply Chain; Artificial Intelligence; Automation; Logistics; Amazon Prime; Fulfillment Centers; Delivery Time;
Abstract
The world's largest online retailer, Amazon, has invested heavily in infrastructure and technology to save costs and improve operations. Amazon has the most efficient supply chain in the world due to cutting-edge robotics and artificial intelligence (AI) technology that can improve productivity and worker safety. Amazon's regional distribution centers use advanced algorithms, route optimization technology, and mapping tools to effectively handle deliveries in rural areas. Artificial intelligence (AI) technologies, machine learning, and Amazon Prime membership are some initiatives that personalize recommendations and enhance the purchasing experience. To get around logistical challenges in rural locations, Amazon also collaborates with regional businesses and delivery services. To save expenses and wait times for last-mile deliveries in remote places, Amazon has made investments in micro-fulfillment centers to reduce last-mile delivery time and costs in rural areas.
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