Dec 22, 2021|
JD.com to Partner with Shandong Energy Group Company in Rural Revitalization
by Mengyang He
JD.com announced its partnership with Shandong Energy Group Company, one of the largest energy companies in China on December 14. The two companies aim to facilitate rural revitalization and the development of the fresh produce industry, in addition to expanding cooperation in employee welfare, industrial products, smart logistics, and more. Lei Xu, president of JD.com, and Baocai Zhang, general manager of Shandong Energy Group Company, witnessed the signing ceremony.
JD and Shandong Energy Group Company will look into co-building the “enterprise distribution warehouse” model and creating a smart management park for material supplies, which integrates smart technology into storage, management, picking and placing.
On rural revitalization, the two companies will also focus on smart villages. With the help of 5G, artificial intelligence and other technologies, they will jointly build smart systems for the agricultural industry as well as integrated agricultural smart service platforms. In addition, they will work on the standardization, digitalization, and tracing system for fresh produce. A high-quality digital production demo base for fresh produce is also expected to be built.
Nov 30, 2023|
JD Logistics Reports 70% Increase in Overseas Outbound Orders During Black Friday
During this year’s Black Friday, JD Logistics witnessed a 70% surge in overseas outbound orders, a significant increase from the same period last year. The company attributes the increase in large part to the implementation of automation technology and advanced AI algorithms, which have been instrumental in helping merchants accurately forecast sales and prepare inventory. Notably, JD Logistics’ forecasting accuracy rate exceeded 95% during Black Friday.
JD Logistics’ self-developed international warehouse management system (iWMS) played a crucial role. This cutting-edge system schedules a variety of intelligent devices, resulting in a more than threefold increase in the operational efficiency of overseas warehouses. The iWMS is a boon for local vendors, enabling them to manage a large number of SKUs effectively and allocate products to warehouses closest to consumers in advance. This foresight significantly reduces order fulfillment times from 7 days to just 2-3 days in overseas markets.
JD Logistics’ technological advancements extend to its overseas warehouses across Europe, North America, and other regions, where the company has deployed nearly one thousand pieces of automation equipment, including Automated Guided Vehicles (AGVs), Container Transport Units (CTUs), sorting robots, and sorting conveyor equipment. Utilizing these advanced automation technologies, JD Logistics has developed an innovative Power-Sorting-Picking (PSP) model, significantly boosting picking and sorting efficiency—achieving more than a threefold increase compared to traditional manual methods.
On the merchant front, JD Logistics developed the international order fulfillment platform (iFOP). This platform enables vendors to connect with major e-commerce marketplaces and independent sites with one click, facilitating the fulfillment of orders from various channels through an integrated inventory system.
Addressing the challenges in after-sales and reverse supply chain logistics, JD Logistics has established multiple reverse maintenance centers in Europe and North America, providing services such as acceptance inspection, refurbishment, and environmentally friendly disposal.
In China, JD Logistics operates over 1,600 warehouses and continues to expand its footprint. Its international operations include nearly 90 bonded warehouses, international direct mail warehouses, and overseas warehouses globally, covering a total gross floor area of approximately 900,000 square meters. This extensive network underscores JD Logistics’ commitment to enhancing global supply chain solutions through innovative and efficient logistics services.
JD.com Develops a New Intelligence Retail Chain Model with Hitaly
