Amazon - How on earth do they do it?

Amazon - How on earth do they do it?

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Adenauer

Original Poster:

18,580 posts

236 months

Monday 28th July 2014
quotequote all
Having just been browsing the sunglasses thread I clicked on this link, 70 quid sunglasses, only 7 left in stock.

http://www.amazon.co.uk/dp/B004XZYR02

Which made me wonder, how many items, times how much stock of each item, etc etc etc. They must hold billions of pounds worth of stock, or am I missing something?

Anyone have any idea how much stock they hold in a country, a continent, the world?

Adenauer

Original Poster:

18,580 posts

236 months

Monday 28th July 2014
quotequote all
mgtony said:
Isn't a lot of stuff like those "Dispatched from and sold by Simply Sunglasses." which means they don't actually hold the stock?? smile
Even if 'half' the stuff isn't dispatched by Amazon, I bet that's still a hell of a lot of stock!

Adenauer

Original Poster:

18,580 posts

236 months

Tuesday 29th July 2014
quotequote all
JPJPJP said:
According to Q2 results (posted last Thursday as it happens), the inventory value was $6,644,000,000 ($6.64bn) and they claim 9.4 inventory turns per 12 months

Its all here

http://phx.corporate-ir.net/phoenix.zhtml?c=97664&...
That's what I wanted to know, 6.64 bn yikes