Chinese retail giant Jingdong, also known as JD.comhas been hard at work modernizing package delivery and overall commerce throughout mainland China. Many smaller companies are now using their “JD Cloud Warehouse Management Solution” to bring their supply chains up to modern standards.
This initiative was launched last winter. JD.com offers proprietary software and their years of managing supply chains to upgrade an entire existing warehouse management system. JD.com is pursuing a service strategy when it comes to retail which involves offering their technology and infrastructure to other firms. Another way they are helping other companies is by helping them lease space in other company’s warehouses that have underutilized space inside of them.
Another way other companies can benefit from JD.com’s expertise is by co-branding with them and using their same-day or one-day delivery service. The packages they ship in this manner are stamped as “Delivered by JD Logistics” on Jingdong’s e-commerce website. 90 percent of what this company ships can reach its destination anywhere in China within a day, often on the same day.
JD.com also offers a smart supply chain open solution to their merchant partners. This technology incorporates big data which helps their partners figure out how much inventory demand and supply they will be experiencing in the coming days and weeks. This helps the merchants operate at peak efficiency.
A further service they provide to their partner merchants is training programs. The merchant’s employees and managers learn how to improve both their operational standards and how they assess product sales. This helps these partners build more sustainable businesses and improve things for their customers as well. Go Here for additional information.
So far more than 100 small and mid-sized companies have partnered with JD.com and its’ warehouse management system. Most of these are in China’s third and fourth-tier cities such as Hangzhou, Chongqing, Wuhan, and Harbin. One of Jingdong’s partners, Juzi, upgraded its Guangdong warehouse and its orders for things like small appliances and baby gear shot up by 400 percent. They were also able to triple the number of products they sell to consumers.