Amazon is entering the pharmaceutical market in India with an online drugstore called Amazon Pharmacy. Both over-the-counter and prescription drugs will be available, though no official launch date has been set while the company irons out regulatory issues.
The trucking sector added 2,000 jobs in July, according to the Labor Department, and industry experts say some of the growth can be attributed to consumers switching to online purchasing. Average rates for refrigerated trucks, flatbeds and vans all came close to their highest point of 2020 going into August, according to DAT Solutions, while load volumes from the top warehouses increased by 25% last month.
The coronavirus pandemic could bring about lasting changes for distributors in foodservice, technology, industrial and health care sectors, writes Magnus Meier of SAP. "Technology will be vital in helping each unique wholesale distribution sub-segment evolve so they can succeed during and after the pandemic," he writes.
Field sales representatives who typically visit potential prospects have had to get used to working remotely, and they need training and the right tools to succeed, writes Debbie Paul of Distribution Strategy Group. "Part of adapting to the new normal is having sales managers incentivize their sales reps for the behaviors they want to see," she writes.
Digitization is one reason supply chains no longer need to sacrifice efficiency to achieve resilience, according to this McKinsey analysis. Other topics discussed include how to stress-test industrial supply chains and why companies should reconsider their business models.
A state appeals court in California on Thursday reversed a lower-court ruling that shielded Amazon from liability for injuries resulting from items sold by third parties on its Marketplace platform. The court determined Amazon was not protected under Section 230 of the Communications Decency Act.
Lowe's will roll out four more e-commerce fulfillment centers and seven distribution sites for appliances and other bulky items, part of its $1.7 billion plan to bolster efficiency and revamp its supply chain amid higher e-commerce demand. The home improvement retailer said the expansion would make two-day delivery available to almost all Lowe's customers.
Amazon's percentage of shoppers' dollars has grown compared with Walmart since the pandemic drove consumers away from brick-and-mortar retail to online shopping, according to Facteus. Shoppers on Amazon are also reportedly spending more time browsing the wide variety of products available on the site, including huge stuffed panthers and coffin-shaped shelves.
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