May. 4 at 4:46 PM
Its fleet of more than 100 cargo planes, and a โvast 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 โ speed.
Amazon also offers distribution, fulfillment, โand 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 โ these solutions across all their sales channels, including their own โ website, social media channels, and physical stores, Amazon โ said.
Amazon said consumer goods major Procter & Gamble
, industrial heavyweight 3M
and apparel firm American Eagle Outfitters
have already โsigned up for the โsupply chain services.
$AMZN $FDX $UPS $MMM $PG