Amazon - How on earth do they do it?
Discussion
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?
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?
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 Its all here
http://phx.corporate-ir.net/phoenix.zhtml?c=97664&...
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