Question

This week, focus your analysis on the procurement or acquisition practices of the company you selected for the final project and the types of materials that the company uses. Also, analyze where those materials are sourced, how they are delivered, and what the overall supply chain operations of the company are. Submit a report detailing the following: Coordination of acquisition practices with actual product demand Procurement practices Inventory management (including whether the use of MRP would be appropriate) Scheduling of production or service provision Supply chain operations

Answer 1

Amazon makes use of procurement technology in different ways. It has approved supplier and provides excellent business user experience for the customers.
It has fulfillment/inbound supply chain and makes use of procurement strategies that are effective.

Amazon makes use of innovation through procurement. The acquisition of whole foods is an effective example. It has access for whole foods network of the physical retail stores which also helps for complementing and supporting the retail technology. It offers online and physical retail experiences. It has unique technological innovations. It makes use of management and procurement teams with extended control of the supply chain to the end customer. It helps by letting every customer to customize the purchase. It makes use of chosen method of delivery.
The procurement teams helps for management and it has unique technological methods. This includes
Artificial intelligence empowered system with ordering system. It has benefit of this technology wherein customers can make use of innovative method for ordering online.

It has item replenishment with the help of pressing button. This helps for placing an order online and pushing a button will help to notice if the items are running low on supply.
It has improved inventory control with the help of smart containers and automatic tracking devices. This helps for automating the inventory process.

The creation of Apple-style ecosystem was used for tying the consumers close to the deities like e-book reader Kindle. It also made use of relentless investment and spent on infrastructure and technology.
The competitive edge of Amazon was analyzed and there was importance given to

speedy shipping. The focus on more than100 warehouses in the US alone accelerated the delivery. It arranged the patent for predictive purchasing which included delivery of goods before they are ordered. The. Predictive shopping helped.
The design of drone for delivering packages and launch of fashion for scanning Barcodes are few of the effective methods.

It has acquired companies like Acquia (US),

Drupal content management,
BankBazaar (India), Financial technology Clique (US), Fashion site Who What Wear etc