The Business Times

Amazon introduces seller storage service to tackle supply chain woes

Published Thu, Sep 1, 2022 · 02:29 PM

AMAZON.COM introduced a new service on Wednesday (Aug 31) to help its sellers store bulk inventory and ease distribution to tackle supply chain issues, the company said in a blog post.

In 2023, sellers will be able to use the new service called Amazon Warehousing & Distribution (AWD) to send their inventory to any location, including to wholesale customers or brick-and-mortar stores, the online retailer said.

The pay-as-you-go service will also help sellers significantly cut logistics costs, the e-commerce platform said, without disclosing specifics.

“Amazon Warehousing & Distribution addresses critical supply chain challenges and helps sellers grow and manage their business while significantly cutting costs,” Gopal Pillai, vice-president of Amazon Distribution and Fulfillment Solutions, said in the blog post.

The development comes after Amazon said that it has started slowing warehouse openings to rein in costs. REUTERS

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