Sep 4, 2023|
JD Industrials Introduces the “Full Chain” Solution: Driving Digitally Intelligent Transformation Across Industries
by Vivian Yang
JD Industrials, a subsidiary of JD.com and a leading provider of industrial supply chain technology and services, unveiled its innovative end-to-end supply chain solution, the “Full Chain,” during the company’s partners summit in Shanghai on August 31st.
The “Full Chain” solution offers an integrated framework that amalgamates various services and capabilities from all participants throughout the industrial chain, including product planning consultancy, procurement, management, operations, and after-sales services. Its primary objective is to facilitate a substantial reduction in operational costs and improve efficiency across various industry sectors.
Chunzheng Song, CEO of JD Industrials and Vice President of JD.com, underscored the company’s strategic vision by stating, “Our ambition extends beyond creating a mere solution; we aim to establish a comprehensive digital infrastructure. This platform is designed to expedite the transit of production materials and foster a digital transformation for businesses.” By opening access to this sophisticated infrastructure, JD Industrials envisions a surge in data flow while reducing the movement of physical products, resulting in a more streamlined and efficient supply chain.
As a testament to its commitment to collaboration, JD Industrials forged partnerships with representatives from the supply-side, demand-side, and logistics providers within the manufacturing sector. These partnerships will focus on embracing digitally intelligent solutions throughout the supply chain, with the goal of reducing costs and enhancing efficiency.
Specifically, the supply-side will share inventory information and offer products at competitive prices, while the demand side will accelerate their digital transformation and explore more cooperation opportunities. Logistic service providers will expand their delivery networks and improve service quality, while technology and service providers will enhance data connectivity. With the “Full Chain” solution as the foundation, JD Industrials will serve as the connector, facilitating data exchange and optimizing resource allocation.
A noteworthy endorsement of its efficacy, Nippon Paint China, a preeminent paint manufacturer in Asia, has integrated the “Full Chain” solution into its operations. Subsequent reports from their procurement department indicate a marked decrease in inventory expenditures across their 63 national factories, coupled with significant improvements in operational efficiency.
Song concluded the announcement by articulating his aspiration for expanded collaboration: “This initiative marks a seminal moment in our journey. We are earnestly seeking collaborations with industry leaders to formulate best practices in digital supply chain management, thereby fostering the continued advancement of the manufacturing sector.”
Sep 13, 2024|
JINGDONG Industrials Hosts Partner Conference in Thailand, Expands Local Supply Chain Integration
JINGDONG Industrials, a leading Chinese industrial supply chain technology and service provider under JD.com (also known as JINGDONG), held its first Business Partner Conference on September 12th in Bangkok. The event drew over 100 Thai industrial suppliers’ participation, including 3M, Schneider, Keyence and more. During the conference, JINGDONG Industrials formalized agreements with prominent brands including Henkel, ZEBRA, and BORNEO, expanding the range of industrial and general-purpose products available in Thailand on its platform. The company also introduced a simplified onboarding process and exclusive incentives tailored to local partners.
JINGDONG Industrials’ invitation to Thailand-based suppliers stems from the growing procurement needs of Chinese companies in the region, particularly in industries such as the automotive, electronics, metallurgy, and consumer goods. The collaboration opportunities span a wide range of categories, including industrial products such as wires, cables, machinery, and lifting equipment, as well as general-purpose products like office supplies, networking equipment, and office furniture.
By leveraging JD.com’s extensive expertise in supply chain management, JINGDONG Industrials aims to establish a highly efficient, precise, and reliable procurement system that connects Chinese companies abroad with local suppliers. With a deep understanding of the procurement needs of Chinese manufacturing enterprises, JINGDONG Industrials provides comprehensive services that cover demand matching, inventory management, fulfillment, and after-sales support. Additionally, its self-developed TAIPU intelligent supply chain solution offers a full suite of services, including consulting, top-down design, and system configuration, fostering deeper integration between Chinese and Thai supply chains and promoting mutual growth.
As China’s leading industrial supply chain platform, JINGDONG Industrials supports over 50% of China’s Fortune 500 companies and more than 40% of global Fortune 500 companies operating in China. The platform offers seamless integration for both general MRO (maintenance, repair, and operations) products, specialized MRO products, and BOM (bill of materials) components.
Chinese investments in Thailand have surged in recent years, bolstered by Thai government initiatives to attract foreign investors. From 2022 to 2023, Chinese enterprises topped the list of foreign investors in Thailand, a trend that continues in 2024. JINGDONG Industrials’ initiative further strengthens the economic ties between China and Thailand, enhancing the regional industrial supply chain ecosystem.
Click here for more information about JINGDONG industrials and get in touch.
(vivian.yang@jd.com)
Sep 25, 2023|
Volkswagen Group China Partners with JD Industrials for Digital Transformation of MRO Procurement
by Vivian Yang
Volkswagen Group China and JD Industrials recently inked a strategic partnership to digitally transform the MRO (Maintenance, Repair, and Operations) procurement process for Volkswagen in China. By leveraging JD Industrials’ advanced digital solutions, the initiative aims to bolster efficiency, streamline operations, and achieve cost reductions in Volkswagen’s procurement processes.
Having been a steadfast partner in China’s automotive landscape for nearly four decades, Volkswagen Group has built a comprehensive supply chain ecosystem within the country. The newly minted agreement integrates JD Industrials’ “full-chain solution,” designed to provide a seamless, one-stop online MRO procurement and digital management service for Volkswagen—from materials matching to order execution and financial settlement.
JD Industrials’ intelligent digital procurement platform enables precise analysis of MRO inventory metrics. This empowers Volkswagen with data-driven insights that optimize inventory management, minimize costs, and inform strategic decision-making.
Initially, the partnership will encompass seven entities of Volkswagen Group China, incorporating a vast array of over 14,000 SKUs in various MRO categories, ranging from advanced automotive testing tools to personal protective equipment and office essentials.
Alfonso Sancha, Executive Vice President of Volkswagen Group China responsible for Purchasing, said: “As the automotive industry undergoes a rapid transformation, procurement is a significant pillar to secure the Group’s strategic success. Volkswagen Group China is committed to transforming procurement in order to fulfill local demands with innovative local solutions, while supporting the Group’s development ‘in China, for China’.”
Chen Esheng, Vice President of JD.com and General Manager of JD Industrials KA division, said, “The automotive industry, with its rich century-long history, stands as a pillar of modern manufacturing. Given its intricate supply chain complexities, incremental digitalization is insufficient for achieving true cost-efficiency. JD Industrials remains committed to delivering tailored supply chain solutions for the automotive sector.”
“Together with our partners, our vision is to create a resilient, cross-industry digital infrastructure that accommodates a wide range of materials. This will enable seamless data exchange and reduce the physical movement of goods, paving the way for a more efficient and sustainable future,” Chen added.
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