For a company to remain relevant and maintain its market niche, it has to keep innovating, and coming up with new business models. Of most importance, the business models should be of service not only to the company, but to other players in the industry, especially in an industrialized country like China.
JD.com, also known as Jingdong Mall is China’s largest internet and e-commerce Company, and one of the most innovative organizations in the country. The firm has continued to come up with solutions to counteract countrywide challenges in the business.
Consequently, Jingdong has established the JD Cloud Warehouse Management Solution, a smart online system to solve supply chain problems. Besides, medium and small-sized businesses are using the system to make their supply chains more efficient and productive. The system which was unveiled by Jingdong late last year leverages JD.com’s well-established supply chains and blue-chip technology, to completely revamp current warehouse management systems.
By utilizing the system, any business can streamline its supply chain system and double the volume of orders and customers, because of increased efficiency and productivity. The new service also allows Jingdong Mall, to lease some of their idle space in their warehouses to other companies.
Thanks to the size of JD.com, their infrastructure, and logistics facilities are one of the largest and most operationally-sound systems in the country. Therefore, leasing its infrastructure to third parties goes a long way in boosting the efficiency of the whole logistics industry in China. Also, other companies can partner with Jingdong, and fully utilize JD’s first class delivery service. Read This Article for additional information.
Yaodong Jiang, who spearheads the JD Cloud Warehouse Management Solution, says that the program will not only increase the speed of delivery to customers, but also help in creating more stable and sustainable businesses in the country. So far, Jingdong’s system has been utilized by many businesses including Juzi, an e-commerce service provider.
True to the promise of JD’s system, it has enabled Juzi to improve their supply chain management, which would have been otherwise, according to Jiechun Huang, the General Manager of Juzi. Yaodong further adds that they are looking for more ways of improving the system, as they aim to help more companies countrywide to improve their warehouse and supply chain systems.