May. 4 at 4:46 PM
Its fleet of more than 100 cargo planes, and a vast network of warehouses and sorting hubs could make Amazon a key player in an industry long dominated by FedEx and UPS, potentially intensifying competition on pricing and speed.
Amazon also offers distribution, fulfillment, and parcel shipping services, allowing companies to take advantage of its speedy two-to-five-day delivery timelines, and warehousing and inventory forecasting capabilities.
Companies can use these solutions across all their sales channels, including their own website, social media channels, and physical stores, Amazon said.
Amazon said consumer goods major Procter & Gamble
, industrial heavyweight 3M
and apparel firm American Eagle Outfitters
have already signed up for the supply chain services.
$AMZN $FDX $UPS $MMM $PG