Analysis of Amazon's Inventory Management Problems and Solutions

This report provides an analysis of Amazon's inventory management practices, identifying key problems and suggesting potential solutions. The report begins by outlining the significant challenges Amazon faces in its inventory management process, including problematic supply chain management, inaccurate information and pricing, and the issue of running out of stock. The research utilizes a positivism research philosophy and a deductive approach, relying on secondary data collected from online websites, books, and journals. The data analysis employs a qualitative approach to evaluate Amazon's inventory management processes, understand the core problem areas, and propose improvements. The report concludes with recommendations for improving inventory management, such as developing stronger supplier relationships, implementing technological tracking systems for warehouse monitoring, and establishing a manual process for maintaining accurate price and product description records. The report emphasizes the importance of addressing these issues to enhance Amazon's overall efficiency and customer satisfaction.

AMAZON’S INVENTORY MANAGEMENT

Introduction
The business research help the
organisations in identifying the problems in
Management areas and find out a proper
recommendation for solving it. In this
report, the management problems of
Amazon e-commerce organisation will be
examined and analysed.

Problems
The management area Amazon which has
the significant problem is the inventory
management process. There are three
different problems in the inventory
management of Amazon those are
problematic supply chain management,
incorrect information and prices for the
sales items and finally the running out of
the stock stage (Yu et al. 2016).

Research questions
What are the significant areas of inventory
problem at Amazon?
What are the ways for overcoming this
situation by Amazon eCommerce?

Research Design
For appropriate business research use of proper
research methodological concepts are essential
because it will provide structure to the research and
help in achieving the results for the relevant
research hypothesis.
Research philosophy- the positivism research
philosophy is used in this research project. The facts
of Amazon eCommerce industry is related to the
problem is analysed with the help of social laws.
Research approach- the deductive research approach
is used for this business research process. With the
help of appropriate theories and knowledge, the
weather data of the research is evaluated.

Research design (cont.)
Data Collection process- For this research,
the secondary data collection process has
used. For collecting the secondary data,
online websites books and journals are
used in this research (Lewis, 2015).
Data analysis- During the time of Data
Collection, only exploratory, descriptive
data is collected which can be analysed by
the qualitative Data analysis method. In
this data analysis process, the various
inventory management process of Amazon
will be evaluated to understand the core
areas of the problem and how to improve

The secondary data and
analysis
Amazon is one of the E-Commerce giants in
the Retail Industry. It has been seen that
this organisation has specific Strategies for
managing the inventory. Those include
various rules which are used by this
organisation for managing the millions of
items for sale by this organisation. This
organisation also have some specific
shipment and customer satisfying
procedures under this inventory
management strategies (Chaffey, 2015)

The secondary data and
analysis
After all of this effective areas, the
organisation also adopted useful
Technologies which can help them in
managing their products. These
Technologies include Oracle 9i database
software, 28 Hewlett packware service, etc
(Laudon, 2016). Besides all of this problem,
the organisation is still lacking the
inventory management process.

Conclusion and
Recommendation
From this discussion, it can be established
that the organisation Amazon has a unique
strategy and Technology for managing the
inventory. But understanding the problems
from the core areas and development of
the recommendation for each of the
identified problem is essential.
For developing effective inventory
management, the organisation has to
develop a proper transfer relationship with
the supplier and understand their
manufacturing and delivering processes.

Conclusion and
Recommendation
In addition to that for overcoming the out of
stock stage, the organisation has to focus
on the monitoring process of the
warehouse by using a proper technological
tracking system. This will help the
organisation in starting the restocking at
the time of low stock stage.
 Finally, for overcoming the third problem,
the organisation has to develop a manual
process for keeping the record of price and
description and share it in the Google
storage for future use.

References
Chaffey, D., 2015. Digital business and e-commerce
management. Pearson Education Limited.
Laudon, J.P., 2016. Management information system.
Pearson Education India.value and perceived
risk. Information Systems Journal, 24(1), pp.85-114.
Lewis, S., 2015. Qualitative inquiry and research
design: Choosing among five approaches. Health
promotion practice, 16(4), pp.473-475.
Yu, Y., Wang, X., Zhong, R.Y. and Huang, G.Q., 2016.
E-commerce logistics in supply chain management:
Practice perspective. Procedia Cirp, 52(1), pp.179-
185.