May 17, 2020

How will Amazon Dash affect the Internet of Things?

Amazon
Amazon Dash
Internet of Things
Supply Chain
Dale Benton
2 min
How will Amazon Dash affect the Internet of Things?
With news that Amazon is bringing its “thumb-sized” one button ordering device to the UK, we take a look at some of the things you need to k...

With news that Amazon is bringing its “thumb-sized” one button ordering device to the UK, we take a look at some of the things you need to know about Amazon Dash.

  • Amazon Dash, launched in May 2015 in the US, is a Wi-Fi connected device that enables customers to reorder an item quite simply at the press of a button
  • The buttons are only available to Amazon Prime customers
  • Customers can reorder products by connecting their Amazon Prime accounts to the buttons and once pressed an order will be placed for the product affiliated with the button
  • Previously only available within the U.S, Amazon Dash has now reached the UK as well as Germany and Austria
  • Amazon Dash will launch with 40 brands including washing tablets, toilet roll and instant coffee
  • The company plans to include products from
  • Each button will cost £4.99
  • Amazon Dash is being launched along with its sister project Dash Replenishment, in which devices such as printers or even water filters will automatically submit an order for new cartridges or filters.

Mark Skilton, a Professor of Practice at Warwick Business School and an expert on technology and the Internet of Things believes that for Amazon "It's all about grabbing the attention of people”

“The Amazon Dash button is such a device to grab the moment: should you need to reorder items such as washing powder, food or other items you have ran out of, it's quick and easy, one press to setup and go. It is not the Amazon Echo / Alexa system as there is no interaction with the user but it’s another step in the direction to automation when this will be ubiquitous.     

"To that extent I see the Dash button as only a temporary solution, but nevertheless a key step on the road to the connected world it promises, and of course more revenue for the likes of Amazon. It will be interesting how the other major retailers react to this."

"It is still the early days of what is called the 'Internet of Things', but it is going to be huge in the way everyday objects will become 'intelligent' and 'Smart' enabling interaction with people and between object to object 'talking' to one another to optimise various outcomes."

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Jul 27, 2021

UPS Posts Record Second Quarter with Revenues of $23.4bn

UPS
Supplychain
Logistics
freight
2 min
UPS enjoys consecutive quarters of record profits with growth across all segments, and completes divestiture of UPS Freight

Growth across each of its core segments resulted in record results for UPS in the second quarter, with group revenues climbing 14.5% year on year to $23.4bn. 

The global logistics outfit achieved consolidated operating profit of $3.3bn, up 47.3% compared to the same period in 2020. It is the second consecutive quarter of record profit, and a significant rise on Q1’s $2.9bn. 
 

UPS Q2 Revenues in Brief

  • Consolidated revenues: $23.4bn (+14.5% yoy)
  • Domestic: $14.4bn (+10.2%)
  • International: $4.82bn (+30%)
  • Supply Chain Solutions: $4.2bn (+14.3%)


The US company’s domestic segment performed steadily with 10.2% revenue growth to $14.4bn. But it was its international and supply chain solutions segments where UPS saw the biggest gains. Strong demand in Europe led an increase in international revenues of 30% to $4.82bn. UPS’ supply chain solutions division saw revenue growth of 14.3% to $4.2bn, driven, the company said, “by strong demand in nearly all businesses”. 

UPS’ steady growth throughout the pandemic has been led by the overarching vision of its chief executive Carol Tomé to do “better not bigger”, focussing on efficiency and high margin deliveries through its network over pure scale and volume. 

“I want to thank all UPSers for executing our strategy and delivering high service levels, which fuelled record financial results in the second quarter,” she said. “Through our better not bigger framework, we are moving our world forward by delivering what matters.”   
 


UPS Completes Sales of UPS Freight 


The second quarter also saw UPS complete the divestiture of UPS Freight in a deal worth $800m - with a surprise result for the division, now called TForce Freight, under new owner TFI International.

“The second quarter was historically significant for TFI International, with the closing of our UPS Freight acquisition and record performance across the board,” said Alain Bédard, chairman, President and Chief Executive Officer, TFI International. “Particularly gratifying is the performance of TForce Freight, which has exceeded our operating ratio targets far ahead of schedule, and we have only just begun our work.”

In it first two months of ownership TFI reported that adjusted operating ratio (OR) was 90.1% for TForce Freight, far outperforming its forecasted OR of 96-97%. 

“I wish to thank our entire team for their hard work and remarkable efforts, and officially welcome aboard our new TForce Freight colleagues who have seamlessly come under the TFI umbrella and are already making stronger than expected contributions,” Bédard added. 

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