Amazon, the world’s largest online retailer, has announced major expansion plans as it looks to further enhance its global footprint. The company has revealed that it will be opening 100 new warehouses and distribution centers across the US, with plans to hire 100,000 new employees to staff the facilities.
The move comes as Amazon looks to capitalize on the surge in online shopping brought about by the coronavirus pandemic. With millions of people across the world locked down and unable to visit physical stores, the demand for online shopping has grown exponentially, with Amazon being one of the biggest beneficiaries.
As a result of this increased demand, Amazon has seen its sales rise by over 40% in the third quarter of 2020, with profits up by more than 200%. This has allowed the company to invest heavily in expanding its operations, with the new distribution centers set to help the company meet the increased demand for its products.
The new jobs announced by Amazon will include a mix of full-time and part-time positions, with roles ranging from entry-level positions to more specialized roles such as software engineers and data scientists. The company has also revealed that it will be investing in training programs to help workers improve their skills and advance their careers within the company.
In addition to its plans for expansion in the US, Amazon is also looking to expand its operations globally. The company has recently opened new facilities in India and Brazil, and is said to be looking at further expansion in other emerging markets such as Southeast Asia and the Middle East.
One of the key factors driving Amazon’s expansion plans is the growing importance of logistics and supply chain management in the eCommerce industry. With more and more customers demanding faster delivery times and greater flexibility in terms of delivery options, companies like Amazon are having to invest heavily in their logistics networks to keep up with demand.
This has led to Amazon investing heavily in technologies such as autonomous drones and delivery robots, which could help the company to further streamline its operations and offer even faster and more efficient delivery options to customers.
Overall, Amazon’s expansion plans represent a major boost for the eCommerce industry, and could have far-reaching implications for the way we shop and do business in the future. As the world continues to grapple with the coronavirus pandemic and the shift towards online shopping shows no signs of slowing down, companies like Amazon are likely to play an increasingly important role in the global economy.
