Amazon's 3PL Up 70%, Intel Rises with Amazon, Amazon Uses AI to Curb Return Rates and Simplifies Seller Supply - This week in Amazon & eCommerce - Oct 2

It’s all about Amazon today…

1. TikTok and Others Drive Amazon's 3PL to Record Growth in Off-Amazon Fulfillment: Amazon's 3PL business has experienced a 70% YOY growth with Amazon Multi-Channel Fulfillment (MCF), with TikTok playing a major role. Other titans like Walmart notice these successes and are responding with their own version of MCF. [Learn more]

2. Intel Stock Rises on AI Chip Deal with Amazon: Intel's stock surged nearly 7% in premarket trading following the announcement that its foundry division will manufacture custom AI chips for Amazon Web Services, marking a strategic move to revitalize its business. [Learn more]

3. Amazon Using its AI to Help Sellers Lower Return Rates: Amazon is enhancing the returns process for FBA Sellers by using its AI assistant, Rufus, to gather and analyze information. This service, dubbed “Customer Return Analytics and Insights” harnesses that information and uses generative AI to help sellers understand return motivations. [Learn more]

4. Amazon Streamlines Supply Chains for Sellers: Supply Chain by Amazon is set to transform seller operations by providing an end-to-end solution that simplifies product movement from manufacturers to customers while significantly reducing costs, driving an average 20% higher sales conversion. [Learn more]

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Isaiah Fritz, Joe White and the OSP Team

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