<span>Amazon creates many utilities for its customers, but perhaps the most valuable utility for consumers is place, the utility created by having the offerings available where consumers need it, on Amazon.com!
Amazon creates one central place for customers to find almost everything they could ever need or want. This keeps their customer base happy, committed and spending on Amazon.com daily. Why shop elsewhere when you can use Amazon.com as a 'one stop shop'? Amazon has built a very loyal customer base by providing options and great customer service. </span>
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Basically it's advanced planning, scheduling, and group buying initiatives, a firm can experience significant cost savings
An industry's overall strong sales or effective operations can be indicated by high inventory turnover. Lead time describes the amount of time needed to perform a procedure from start to finish.
<h3>What are the benefits of lead time in business?</h3>
In many sectors, lead time is a crucial statistic. To prevent a supply delay, which could have a severe impact on customer satisfaction, contractor dependencies, and cost efficiency in general, it is essential to calculate lead times accurately and consistently.
<h3>Why is the inventory so high?</h3>
It typically denotes some sort of mismanagement of stock demand as a result of things like excessive purchases, incorrect predictions, canceled orders, a poor economy, unexpected weather changes, uncertain consumer demand, or late or early delivery of goods.
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brainly.com/question/14184995
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