Jefferies: Amazon logistics automation expected to provide long-term margin benefits
AMZN Amazon.com Inc
$262.37 -0.10%
View chart & analysis → - 1Jefferies said that Amazon's logistics automation will provide long-term margin benefits.
- 2Amazon is utilizing a fleet of over 1 million robots deployed across its operations.
- 3Between 40% and 45% of Amazon's small sortation fulfillment centers in the US are highly automated.
So what's the key point?
Amazon is automating its logistics by using more than 1 million robots. Jefferies expects this to increase profits over the long term.
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