Analysing a business's strategy
Choose one existing business operation and analyze its strategy. Suggest the competitive priorities that the business used in the development of its operations strategy. Evaluate how well or how poorly the chosen strategy supports that business's vision, mission, and business plan. Provide specific examples using additional sources, if necessary, to support your rationale.
Customer Service: Amazon has become well known for its exceptional customer service. They have implemented features like 24/7 customer support in multiple languages as well as offering free returns with certain products. This level of quality-focused customer service helps to distinguish them from the competition and keep customers loyal to their brand.
Cost: One way that Amazon keeps costs down is by having centralized warehouses around the world which allows them to quickly get products out to customers with minimal shipping costs while still providing accurate delivery times. Additionally, they leverage technology such as automation and robotics in their warehouses so they can operate more efficiently while keeping prices low for consumers.
Delivery Speed and Reliability: Amazon offers express delivery services such as Prime Now which provides two hour deliveries on thousands of items within select cities around the world. By providing this option, they ensure that customers receive their packages quickly without sacrificing reliability or accuracy in order fulfillment processes.
Innovation: Since its inception, Amazon has been a pioneer in leveraging technology to improve efficiency across all areas of their business model including supply chain management, online shopping experiences and other related services such as cloud storage (AWS). The company continues to invest heavily into research and development in order to stay ahead of trends allowing them to remain competitive long term by staying at the forefront of technological advances in e-commerce retailing industry
Flexibility & Variety Of Product Offerings: Amazon carries millions of different items ranging from electronics accessories all the way through groceries making it one stop shop solution for anything customers need along with everyday deals which makes it very attractive destination for shoppers looking for best deals available online .They also offer flexible payment options like buy now pay later ,pay monthly installments which again make them even more attractive for cost conscious consumer .
Overall, amazon's operations strategy works well towards achieving its mission statement “to be Earth’s most customer centric company where people can find and discover anything they want buy online". It supports this mission by utilizing cutting edge technologies across every aspect of its operations strategy - from minimizing costs associated with product acquisition/fulfillment logistics through rapid delivery speeds - resulting in a comprehensive suite of features geared towards providing unparalleled levels convenience combined with great value propositions that keep customers coming back time after time