Amazon's Initiatives To Beat Supply Chain Blues

• Amazon.com Inc (NASDAQ: AMZN) comforted shoppers and industry watchers that it's well-prepared to avoid supply chain challenges during the holiday season.

• Amazon's combination of planes, trucks, ships, and delivery vans, staffed up warehouses, has put it in an excellent position to "get customers what they want when they want it, wherever they are this holiday season.

• Recently, Amazon preponed "Black Friday-worthy" deals to jumpstart the holiday shopping season.

• Amazon invested more in inventory planning and partnerships with suppliers to stock up goods on hand and route them based on the urgency of need.

• Amazon also doubled its shipping container processing capacity by increasing ports of entry and collaborated with more ocean freight carriers to secure space in "critical ports."

• Price Action: AMZN shares closed lower by 0.46% at $3,320.37 on Monday.

See more from Benzinga

• Click here for options trades from Benzinga

• Comcast Forays Streaming Arena With Smart TV Launch

• Amazon's Zoox Extends Autonomous Vehicle Testing In Seattle

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.