October 1, 2022

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Amazon introduces vendor storage service to sort out provide chain woes

(Reuters) – Amazon.com Inc launched a brand new service on Wednesday to assist its sellers...

(Reuters) – Amazon.com Inc launched a brand new service on Wednesday to assist its sellers retailer bulk stock and ease distribution to sort out provide chain points, the corporate stated in a weblog submit.

In 2023, sellers will have the ability to use the brand new service referred to as Amazon Warehousing & Distribution (AWD) to ship their stock to any location, together with to wholesale prospects or brick-and-mortar shops, the web retailer stated. (https://bit.ly/3wJv7Ge)

The pay-as-you-go service may even assist sellers considerably lower logistics prices, the e-commerce platform stated, with out disclosing specifics.

“Amazon Warehousing & Distribution addresses crucial provide chain challenges and helps sellers develop and handle their enterprise whereas considerably slicing prices,” Gopal Pillai, vp of Amazon Distribution and Success Options, stated within the weblog submit.

The event comes after Amazon stated that it has began slowing warehouse openings to rein in prices.

 

(Reporting by Jahnavi Nidumolu in Bengaluru;Enhancing by Dhanya Ann Thoppil)

 

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