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Reuters/Yahoo Finance
Amazon.com introduced Amazon Warehouse & Distribution (AWD), which enables third-party sellers to send their bulk inventory to one of its facilities for distribution to wholesale customers or brick-and-mortar stores. The service is billed on a pay-as-you-go basis. “Amazon Warehousing & Distribution addresses critical supply chain challenges and helps sellers grow and manage their business while significantly cutting costs,” said Gopal Pillai, vice president of Amazon Distribution and Fulfillment Solutions.
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