amway
6/6/08
14:20
Page 1
www.thetimes100.co.uk
The role of stakeholders
Introduction
Amway is one of the world’s largest direct sales companies. It is a global enterprise and is privately owned by the families that started the company in 1959. Amway manufactures, markets and distributes more than 450 consumer products. In the UK Amway distributes a variety of products, including:
• Personal Care - fragrances, body care and hair care products
• Skin Care and Colour Cosmetics
• Durables - cookware and water treatment systems
• Nutrition and Wellness - food supplements, food and drinks
• Catalogue Items - third party electrical goods
• Home Care - laundry, cleaning and car care products.
Amway employs 14,000 people worldwide in its offices, manufacturing centres, warehouses, call centres or stores. It also works with around three million Amway Business Owners
(ABOs) in more than 80 countries. These ABOs are the link between Amway and its products and the consumer. They also link Amway with communities across the globe. For more than
45 years, Amway Corporation has enabled people to have a business of their own.
Amway has built up a strong regional structure around regional affiliates, for example,
Amway UK and the Republic of Ireland. Operating through the regional structure, affiliate companies are responsible for:
• forecasting (ensuring enough stocks are available to meet demand)
• managing customer service and contact with customers
• efficient distribution to ensure products reach ABOs on time and in top condition
• product promotion and ABO support, for example, supplying brochures to ABOs.
CURRICULUM TOPICS
• Stakeholders
• Shareholders
• Corporate responsibility
• Ethics in business
GLOSSARY
Amway Business Owners: independent business owners operating direct selling organisations. Consumer: the user of a product, who may or may not be the buyer of it.
Regional affiliates: parts of the organisation linked to the
14:20
Page 1
www.thetimes100.co.uk
The role of stakeholders
Introduction
Amway is one of the world’s largest direct sales companies. It is a global enterprise and is privately owned by the families that started the company in 1959. Amway manufactures, markets and distributes more than 450 consumer products. In the UK Amway distributes a variety of products, including:
• Personal Care - fragrances, body care and hair care products
• Skin Care and Colour Cosmetics
• Durables - cookware and water treatment systems
• Nutrition and Wellness - food supplements, food and drinks
• Catalogue Items - third party electrical goods
• Home Care - laundry, cleaning and car care products.
Amway employs 14,000 people worldwide in its offices, manufacturing centres, warehouses, call centres or stores. It also works with around three million Amway Business Owners
(ABOs) in more than 80 countries. These ABOs are the link between Amway and its products and the consumer. They also link Amway with communities across the globe. For more than
45 years, Amway Corporation has enabled people to have a business of their own.
Amway has built up a strong regional structure around regional affiliates, for example,
Amway UK and the Republic of Ireland. Operating through the regional structure, affiliate companies are responsible for:
• forecasting (ensuring enough stocks are available to meet demand)
• managing customer service and contact with customers
• efficient distribution to ensure products reach ABOs on time and in top condition
• product promotion and ABO support, for example, supplying brochures to ABOs.
CURRICULUM TOPICS
• Stakeholders
• Shareholders
• Corporate responsibility
• Ethics in business
GLOSSARY
Amway Business Owners: independent business owners operating direct selling organisations. Consumer: the user of a product, who may or may not be the buyer of it.
Regional affiliates: parts of the organisation linked to the