Jd.com, also known to many as Jingdong Mall is a Chinese national e-commerce and retail company, founded in 2004 by Richard Liu Qiangdong. Initially, it dealt with electronic and computer accessories, however, over time it has diversified to have a portfolio of products in its offline stores. It strong position in the economy has threatened many small and equal businesses who are also seeking ways of survival.
Tangning Books is a bookstore that has had to face stiff competition from Jingdong which also sells online books. This store is based in Guangzhou and is a well know book supplier. Nevertheless, the sales volume is diminishing with this new wake of information and technology while the state deteriorates thanks to Jingdong.
On the 15th of May, 2017, Jd.com and Tangning signed a treaty of working together. This pact will oversee book supply being done on a whole new level taking advantage of replenishing supply chain services at Jingdong. delay in supply will to utter done away with. Books sales in the same year increased by 30% while profits registered a 17 % increase. Tangning has been able to understand customer consumption behavior and book assortment become a reality.
Jingdong has made physical transportation of the books to the customer possible and done without much delay or wait. As a matter of fact, Tangning allows customer to scan the QR codes for the particular book they are looking for. Should it be missing at the stores, it is delivered in 24 hours thanks to the well advanced and reliable inventory management network at Jingdong. the company’s Founder, Ningxin Lu views this partnership as one that opens Tangning Book to other opportunities and prospect that they will be able to shield competition.
JD.com or Jingdong Mall is an e-commerce platform that had incorporated offline stores spread across the country to help in faster movement of goods from the seller to the recipient or customers at their place of convenience.
It was founded by Richard Liu Qiangdong after a series of other entrepreneurial ventures that closed down. Nonetheless, he is an internet celebrity with a booming business to his name, that is about to venture into other nations in Middle East. He is an alumnus of Renmin University in China. Click Here for more information.
JD.com, also known as Jingdong, is able to fulfill its promise to deliver 90 percent of all the orders it ships through same- or next-day service better today than ever. Jingdong have now partnered with HNA Group’s Tianjin Air Cargo in order to ship their products six times a week on round trip flights between Tianjin and Guangzhou. These flights are wholly dedicated to shipping packages for businesses and consumers.
Jingdong has a national logistics business that can get a package delivered to a business or consumer anywhere in China at amazingly fast speeds. The Tianjin Air Cargo airplane used by JD.com has the JD Logistics logo on its side and is a Boeing 737. As it is a plane that only transports packages it does not need to follow commercial airline schedules. They can speed the plane up when necessary due to this fact.
They will be monitoring how these flights go and could expand the routes to other airports in both Southern and Northern China. Head of Express Business Unit Hui Wang of JD Logistics stated that this dedicated airplane will grow his company’s logistics network even larger than it already was. He was certain that both business clients and individual consumers would enjoy their new expedited delivery speeds.
Hui Wang added that this partnership with Tianjin Air Cargo created a new industry milestone. Between Jingdong’s supply chain expertise and the amount of experience Tianjin Air Cargo has delivering freight they could outpace the delivery speed of all of their competitors. It would help cement JD.com as the largest Chinese retailer and help their firm’s development going forward.
The overall strategy that Jingdong is pursuing is what they call “Retail as a Service”. They want to be closer to the immediacy of buying goods in a retail store and so have worked hard to see to it that the large majority of their orders get to customers with next-day delivery max. It is because of the speed and convenience of ordering from JD.com that millions use their online platform each day. Most consumers order using their mobile app with 80 percent of their orders being placed this way. Go To This Page to learn more.