Dec 7, 2020|
JD MRO Data Reveals Strong Recovery Growth of China’s Industrial Enterprises
by Vivian Yang
JD MRO data in November demonstrated strong growth of industrial manufacturing enterprises, which saw procurement increase 180% YOY – the highest in the industry.
Deming Ding, general manager of JD Industrial Technology under JD’s enterprise procurement business, JD Business, noted increasing demand for flexible supply chain support from industrial manufacturers this year. JD has been helping its clients to accelerate construction of digitalized MRO procurement management systems by providing one-stop intelligent procurement services and integrated supply chain solutions.
Deming Ding, general manager of JD Industrial Technology
JD’s MRO services system, known as Jing Gong Bang (京工帮, literally translated as JD Industry Helper) is developed for this purpose, offering a number of highly professional and tailored services, such as dispatching service staff and engineers on site to provide pre-sales advice and guidance to complete the procurement process, matching various clients’ fulfilment demands with the most suitable JD warehouses and distribution centers, and providing timely responses for aftersales services.
Currently, JD has warehoused over 50 million items of standardized MRO products that can be procured through its digital platform, ranging from as small as bearings and precision parts, to as large as forklifts and other large-sized professional equipment that needs customized manufacturing.
According to Ding, JD Industrial Technology strives to create a digitalized ecosystem for this industry through improving infrastructure, building digital links, and providing integrated and professional service systems so as to establish seamless connections among the upstream and downstream of the whole industry chain
National Statistics Bureau data from November showed that China’s PMI (purchasing managers’ index) stood at 52.2%, up by 0.7% from the previous month and the highest since September 2017. Also in November, profits of above-scale industrial enterprises rose by 5.4% YOY, with growth rate moving from negative to positive for the first time this year, signaling continuous operational improvement of industrial enterprises.
Nov 7, 2024|
CIIE 2024: JD.com to Expand Imports of Specialty Brands, Strengthen Healthcare Partnerships, and Enhance Logistics
At the 7th China International Import Expo (CIIE) on November 5, JD Super, the supermarket division of JD.com, announced a major initiative to broaden its selection of imported specialty. Over the next three years, JD Super plans to introduce over 1,000 new international brands to meet the increasing demand for high-quality, diverse imported goods.
Meeting the Growing Demand for Quality Imports
According to JD Worldwide’s “White Paper on 2024 China Cross-Border Consumption Trends,” more than 80% of Chinese consumers are interested in imported products, with many prioritizing authenticity, quality, and fast delivery. In response, JD has significantly expanded its range of international offerings. During the ongoing Singles’ Day Grand Promotion, sales of cross-border products have surged, with more than 600 brands experiencing a sales increase of over 100% compared to last year.
Strengthening High-Quality Food Partnerships
Demonstrating JD.com’s commitment to sourcing high-quality products, JD Super signed a new procurement agreement at CIIE with Huadong Foods and Teys, a major Australian beef brand under Cargill. Under this agreement, JD Super and Huadong Foods will procure $50 million of Teys beef throughout 2025. This partnership underscores JD’s strategy of collaborating with trusted suppliers to provide high-quality, affordable beef to Chinese consumers.
Delivering Authentic Global Goods Efficiently
JD Logistics has built a robust logistics network that spans bonded, direct mail, and overseas warehouses, facilitating fast deliveries of imported items across categories such as electronics, fashion, beauty, food, and baby products. In many major cities, delivery times have been reduced to under 48 hours.
For instance, JD Super’s partnership with Raub of Malaysia enables the import of Musang King durians, which are harvested at peak ripeness and air-shipped with cold chain logistics for delivery within 24 hours. Additionally, JD.com also secured an early supply of Chilean cherries, available since October, which can be delivered in as little as 30 minutes in many areas through JD NOW, its on-demand retail service.
JD.com’s “JD National Pavilions” program, which features over 150 country-themed flagship stores from more than 70 countries and regions, continues to be a cornerstone of its import strategy. Supported by embassies and reputable organizations, this initiative offers Chinese consumers access to premium products and cultural experiences from around the world. In April, JD launched the JD National Pavilion of Mali, introducing popular items like shea butter and garnering over 40,000 followers.
Expanding Healthcare and Logistics Partnerships
JD Health is also making strides at CIIE by strengthening partnerships with leading global healthcare companies, including Merck, Bayer, and Roche. As “China’s premier online health access point,” JD Health is committed to integrating digital and physical healthcare resources to improve access and convenience for patients.
Key collaborations include initiatives with Haleon to promote brain health and anti-aging for the “silver economy,” with MSD China on a digital diabetes management model, and with Teva Pharmaceuticals to provide patient education for conditions such as tardive dyskinesia (TD) and Huntington’s disease (HD).
On the logistics front, JD Logistics announced plans to double its overseas warehouse space by 2025 and expand its network of bonded and direct mail warehouses. JD Express now serves over 60 countries, enhancing cross-border delivery efficiency and supporting both brands and consumers.
Through these efforts, JD.com reaffirms its commitment to sourcing and delivering authentic, high-quality imported products to Chinese consumers, supported by an advanced supply chain that ensures a superior shopping experience.
(vivian.yang@jd.com)
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