OIM 210 Lecture Notes - Lecture 9: Computing Platform, Media Consumption, Mobile Computing
Document Summary
Ceo and founder: jeff bezos: net worth . 9 billion, amazon net sales revenue increased 2004 2016. What is amazon doing: plowing as much cash as they can to create assets that can give them global advantage. Amazon"s logo: sells everything from a z, looks like a smiley face to represent the customer experience. The flywheel: three pillars driving growth, selection, low prices, customer experience (convenience) Global and growing: building warehouses globally about 155 worldwide, totals over 100 million square feet to reach customers. Fulfillment centers are huge facilities: radically different from conventional retailers. Similar items are not put together to minimize the chance of choosing the wrong item: devices tell you where to find what. 3. 5 million distinct products and 21 million total products in one warehouse. 13. initially hired people of walmart head of it and head of operations but amazon"s business is so different (more individualized)