Amazon opens up its supply chain to everyone
Today Amazon unveiled Supply Chain Services (ASCS), a new business that turns the vast warehousing and logistics network behind its e-commerce empire into a product for other companies — an AWS-style move applied to the physical world.
As Amazon put it: “Any business can now move, store, and deliver everything from raw materials to finished products using the same supply chain that supports Amazon and its independent selling partners.”
That could make Amazon a behind-the-scenes operator for an even wider swath of commerce, expanding its reach beyond its marketplace and helping it capture more of the $1.3 trillion third-party logistics market.
Shares of traditional shipping companies UPSand FedExfell after Amazon’s announcement.
Amazon listed Procter & Gamble, 3M, and American Eagle among the logistics service’s first customers.
That could make Amazon a behind-the-scenes operator for an even wider swath of commerce, expanding its reach beyond its marketplace and helping it capture more of the $1.3 trillion third-party logistics market.
Shares of traditional shipping companies UPSand FedExfell after Amazon’s announcement.
Amazon listed Procter & Gamble, 3M, and American Eagle among the logistics service’s first customers.