Word of the Day: Fulfillment by Amazon

Word of the Day Daily updates on the latest technology terms |April 4, 2018

Fulfillment by Amazon (FBA) Fulfillment by Amazon (FBA) is an e-commerce service in which third-party vendors store their products in Amazon's fulfillment centers and the e-commerce giant picks, sorts, packs, ships, tracks and handles returns and refunds for these products. In addition to accounting for a huge portion of Amazon's revenue, FBA enables Amazon to offer other vendors' products alongside its own. FBA gives smaller vendors access to Amazon's web-to-warehouse picking and sorting system and other logistics services, freeing the vendor to focus more on other aspects of their business. Amazon charges merchants for storage space and a fee for orders it fulfills. Shipping costs and and 24/7 customer service are included in vendor fees. To sign up for FBA, merchants in the United States, Canada and Mexico need a Selling on Amazon account. Merchants can add products to the Amazon catalog one at a time, in bulk or by integrating their inventory management software with Amazon, using Amazon's application program interface (API). FBA can also be integrated into vendors' websites so that customers can do their shopping through Amazon without leaving the third-party's website. Amazon advises merchants that use its e-commerce service to ensure their products are "e-commerce-ready" so they can be safely and securely transported to customers. Amazon makes polybags, boxes, stretch wrap, bubble pack and other shipping materials easily available to Selling on Amazon vendors. Quote of the Day "All it takes is for one component -- procurement, supply or shipping -- to fall out of place, and a company's omnichannel presentation can be exposed as a fragmented system that seems behind the times." - Ann Grackin   Trending Terms e-commerce logistics inventory management fulfillment center warehouse management system supply chain management   Learning Center IoT ushers in a new era for supply chain fulfillment IoT is streamlining processes and optimizing the supply chain. Telogis' Kelly Frey offers five examples of the benefits of IoT in the supply chain. Top four supply chain strategies to create the omnichannel experience Transforming your supply chain to deliver an omnichannel experience is key to gaining a competitive edge. Here are four ways to make that happen. Supply chain, logistics and inventory go 3D with additive manufacturing Looking for the next big thing in manufacturing? Here's a look at the benefits of supply chain management for companies that go 3D. Three ways IoT is transforming inventory management The connectivity and real-time analytics inherent in the internet of things could be the game changer for retailers' inventory woes. Before implementing ERP systems, identify their many components When it comes to implementing ERP systems, it's important to understand components like HR, finance and CRM. Read the important things to know. Writing for Business The compliance deadline has been moved forward, so all reporting is due two months _____ than the original date. a. later b. earlier Answer   Stay In Touch For feedback about any of our definitions or to suggest a new definition, please contact me at: mrouse@techtarget.com   Visit the Word of the Day Archives and catch up on what you've missed!   FOLLOW US About This E-Newsletter This e-newsletter is published by the TechTarget network. To unsubscribe from Whatis.com, click here. Please note, this will not affect any other subscriptions you have signed up for. TechTarget, Whatis, 275 Grove Street, Newton, MA 02466. Contact: webmaster@techtarget.com Copyright 2016 TechTarget. All rights reserved.