- Jan 08, 2021
- Business Update
JD Opens Self-built Pharmaceutical Warehouse in Shenyang
by Yuchuan Wang
JD has built a dedicated warehouse in Shenyang, Liaoning province to meet the increasing demand for the transportation of pharmaceutical products in the industry.
The 10,000-square-meter warehouse provides outsource operational logistics services (3PL or third party logistics services) for medicine and medical apparatus and instruments. It is equipped with multi-layer storage temperature conditions including cool, room temperature, refrigerator and frozen for various drug requirements.
According to the China Pharmaceutical Logistics Development Report released by China Federation of Logistics & Purchasing (CFLP), the market for pharmaceutical products circulation is growing rapidly at a rate of 8% and is believed to have surpassed RMB 4,000 billion yuan in 2020. Meanwhile, the industry still faces problems of high costs and lagging digitalization, with much room for development.
“Leveraging JD’s capacities in logistics infrastructure, technology and ecosystems, we hope to build a professional and wide-coverage pharmaceutical logistics network,” said a JD Logistics representative, “to continuously contribute to the optimization of the pharmaceutical supply chain.”