JD.com Prepares For The Future Of Industrial IoT

 

IoT known today connects robots to systems in the retail, industrial, and warehouse industries. The way a supply chain works is through optimizing manufacturing, inventory management, and fulfillment.

JD.com (Jingdong) and its subsidiary, JD Logistics are preparing for an efficient industrial internet of things (IIoT) as the 5G cellular networks emerge. Jingdong already has an effective operating system that rapidly get products to Chinese consumers, but the IIoT will increase that speed dramatically. Their supply chain will become more sustainable, convenient, and efficient to handle a higher ratio of orders.

JD Logistics CEO, Zhenhui Wang believes 5G will power the Industrial IoT and enable a larger scale of continuous connectivity. A 2018 Business Insider Intelligence Report showed that approximately 10 billion devices in the internet of things market. It also made a prediction that investments will reach $15 trillion by 2025. When IIoT hits future markets, robots will communicate with one another with fewer interactions with employees. It increases the reliability and dependability of the supply chain.

Jingdong expects IIoT to handle bigger data using warehouse robots. It will bring remarkable benefits including reduced expenses, supply chain efficiency, and smart dispatching. Industries will operate their businesses safer with low risks to the environment. To prepare for the emerging 5G and IIoT, JD Logistics is partnering with cellular providers in China. Zhenhui Wang oversees JD Logistics and developed the e-commerce retailer’s technology and infrastructure.

Jingdong JD Logistics began offering its technology and infrastructure services to other businesses, shipment companies, and industries. The subsidiary makes it possible for consumers in China to receive their orders on the same day or the next day. Last month, logistics processed the delivery of over $29 billion in products throughout China.

In 2018, JD.com launched the “Institute of Urban Smart Logistics” to develop, create and design hubs, data, and cloud. The mission of the collaboration is to build an underground network delivery in urban areas of China. JD Logistics accomplished the development of robot deliveries and automated logistics center warehouses. The emergence of industrial internet of things will make Jingdong’s warehouses safer, faster, and efficient.

 

Go Here to like them on Facebook.

See also: https://www.tgdaily.com/enterprise/biz/jd-coms-liu-qiangdong-commits-to-inclusive-business

 

Richard Liu Qiangdong – Securing the Future of JD.com through Sustainable Business Development

 

Richard Liu Qiangdong has risen to prominence in the last decade and a half in the business world of China after his company, JD.com, has taken over the e-commerce market of the country by storm. In a short period of fewer than two decades, JD.com has become the second-largest e-commerce platform in the country in terms of net revenue. JD.com has also grown massively to become the biggest direct-selling company in China.

Richard Liu Qiangdong initialized the process of making JD.com a direct-selling company as he wanted to ensure that the products that reach the customers are authentic and original and that customers are provided value for money products. Hiring third-party couriers proved costly as there was a considerable amount of loss the company was suffering due to wear and tear, and the delivery time was also high.

Richard Liu Qiangdong believes that hard work can help people in achieving anything they want to. Even though he wasn’t from a wealthy family or much capital when he started his business, Richard Liu Qiangdong was able to achieve success with his retail business after years of trial and error in the business world.

During the time he was struggling with other business and job opportunities, Richard Liu learned a lot about the business practices and management. It helped him tremendously in avoiding the common mistakes that entrepreneurs make. Richard Liu also came to limelight when he spent lavishly to build one of the most extensive logistics infrastructure and network for JD.com. Today, the company has over 1, 50,000 employees, and it consists of nearly 65,000 delivery drivers.

Liu Qiangdong has also been recognized by the “Business of Fashion Top Performing Businessmen of 2018”. An award that is very well deserved by Richard Liu Qiangdong. It is a reflection of his consistency and excellence in his business.

JD.com boasts of offering one of the fastest delivery times in the e-commerce industry worldwide, and in most cases, the standard delivery time is within six to twenty hours. Richard Liu Qiangdong discussed his expansion plans in details in one of the interviews he gave, including expanding the company’s operations in parts of Europe and South Asia. Richard Liu Qiangdong says that the company has the potential and the customers across the seas would be more than willing to avail the services of the company, primarily due to the popularity of Chinese products worldwide.

 

View More Information Here.

JD.com Breaks Records for June 18th Anniversary Sale

 

China’s leading retailer JD.com, also known as Jingdong, recently had a sale for the ages as they brought in a whopping $29.2 billion on June 18th, 2019 for their anniversary sale. JD.com used a combination of brand new products as well as many products consumers are already familiar with and have come to know and love in order to provide a sale every customer could not miss.

Throughout the year, Jingdong has focused in on brand new products to get consumers excited. With JD.com’s new exclusive channel, it is now easier than ever to be made aware of these products immediately and quickly get your hands on them.

A notable trend with this year’s sale was the major growth in lower tier cities. Transaction volume growth was twice as high with lower tier cities than it was with Jingdong overall. This continues the trajectory that has been seen from lower tier city consumers in recent memory of “trading up” in order to get brands more consistent and prevalent in higher tier cities.

Jingdong employed several unique tactics to help their sale reach its full potential. A powerful marketing tool known as Consumer to Manufacturer (C2M) has been of great use to JD.com as they look for ways to improve their marketing and manufacturing. Another big move that caught the eyes of many was the “Birthday Red Envelope” campaign. which provided consumers with incentives for sharing about the sale on their favorite social media platforms. It was clear from the very beginning, JD.com was going to pull out all the stops for their massive, record-breaking sale.

Perhaps the most impressive part of the June 18th sale this year was all the outside brands looking to partner with Jingdong. Prada, one of the world’s premiere designer brands, launched on JD.com during this year’s sale. Not to mention, two sister brands under the Prada name, “Miu Miu” and “Car Shoe” launched for the sale too. The company Farfetch also got its chance to shine as it launched a store on JD.com for the duration of the sale. JD.com not only has all the consumers watching their every move, however now has other brands looking to partner with them in order to propel their businesses as well. Time can only tell where JD.com can possibly go from here. Many will tell you that even this level of success was never thought of as being possible.

In an article with TG Daily entitled “JD . com’s Liu Qiangdong Commits to Inclusive Business”, e-commerce juggernaut JD.com has recently re-committed its operational practices to include total transparency regarding sustainable practices and environmental care.

 

Additional reference: https://www.wsj.com/articles/chinese-retailer-jd-com-turning-its-logistics-network-into-broader-delivery-service-1539833400

Jingdong And Prada Are Now Partners

 

The rumors of a team-up between Prada and JD.com are true. JD.com, also known as Jingdong is the biggest Chinese retail website, who recently announced that they were officially going into business with the legendary Italian maker of luxury items. The partnership stands to benefit both companies.

JD.com is always looking to add top brands to their inventory. Therefore, a famous brand like Prada will be a very welcome addition indeed. Prada wants to get involved in the massive Chinese market. They feel that a partnership with Jingdong is the most effective way to do that. Prada will have a flagship store set up on the retail site.

People who visit the Prada flagship store on JD.com will be very impressed with what they find. A huge selection of their products will be available to customers worldwide. Prada executives said that one of the reasons that making a deal with Jingdong was so important to them was the fast shipping that is offered by the site. Prada wants their customers to get their purchases quickly without waiting for a very long time. The logistical network of JD makes shipping in a single day very easy. There are some places in China where orders can be received in half a day.

Prada wants to grab a hold of a large percentage of the Chinese luxury market. They are counting on Jingdong to help them accomplish this. The site attracts millions of people every day. Therefore, no other platform currently available in China is capable of giving Prada more exposure. For many years, Prada products were only available in brick and mortar stores. However, the company realizes that times are changing and they need to change with them. This is why they are making online sales of their products a priority. A desire to reach a broader online customer base necessitated the deal with JD.com. Go Here to learn more.

Foreign companies need to work hard to be a success in the Chinese market. Therefore, Prada knows that it needs to go the extra mile to let Chinese consumers know about all of the luxury items they have for sale. JD.com will help facilitate this.

Furthermore, in an article with TG Daily entitled “JD . com’s Liu Qiangdong Commits to Inclusive Business”, e-commerce juggernaut JD.com has recently re-committed its operational practices to include total transparency regarding sustainable practices and environmental care.

 

See also: https://www.forbes.com/companies/jd/#62d9b6464f20