Richard Liu Qiangdong: An Expert of Supply Chain Innovation

Also known as Liu Qiangdong, Richard Liu Qiangdong is the Chief Executive Officer and founder of JD.com, one of China’s largest e-commerce platforms, a firm that is currently worth $57.6 billion. According to Forbes Magazine, Liu is reported to be worth $11 billion.

 

Richard Liu Qiangdong graduated from the Renmin University of China with a degree in sociology but spent a lot of his time as a student sharpening/honing his computer programming knowledge through freelance coding tasks.

 

In 1998, Richard Liu Qiangdong opened his shop that engaged in the business of selling magneto-optical products across Beijing. As of 2003, he had managed to open more than 12 stores only to be derailed by the SARS outbreak that forced a lot of his customers and staff to remain indoors. Refer to This Article for related information.

 

With the outbreak, Richard Liu Qiangdong opted to reconsider his brick-and-mortar business model, an idea that led to the creation of JD.com in 2004. A year later, Richard Liu shut all of his stores and decided to entirely focus on e-commerce, selling a myriad of electronics along quality consumer goods.

 

Just recently, Richard Liu was interviewed regarding the future of JD.com entitled “An Insight, An Idea”, and he had a lot to say. First, Liu was asked on how his entrepreneurial journey has evolved and he argued that the road to becoming an entrepreneur is difficult and rocky, especially for those starting. According to Liu, those who persevere are assured of good results.

 

Richard Liu Qiangdong further argued that competition is rife and the goal of JD.com is to compete with other established business entities such as Walmart and become the best or rather the top online retailer in the globe.

 

JD.com has for the longest time been focusing on increasing the quality of its customer service, speeds of shipping its products, and the like. According to Richard Liu Qiangdong, these are some of the reasons as to why the company has been experiencing 100% growth yearly. With an expanded growth, JD.com is currently focused on boosting the quality of the experience, a matter that Liu believes will propel the firm to the number one spot in the globe.

 

Visit: https://www.hugessen.com/person/richard-liu

JD.Com And The JD Cloud Warehouse Management Solution

Businesses in China are upgrading their supply chains with the assistance of the popular technology giant, through the process of JD.com. The JD management solution, was officially launched last December, which was specifically designed to use e-commerce technology. This will help businesses to increase the numbers of products and will provide efficiency, time management solutions, and consistency within all providers and businesses.

 

The system, will also help companies utilize warehouse space, while also maximizing the use of real estate. This solution is designed for JD’s own nationwide network, which delivers over 90% of orders. While using JD’s supply chain, partners can predict demand and supply of inventory. This process will organize warehouse layouts and can help provide training programs for employees.

 

According to Yaodong Jiang, leader of the program of JD logistics, “The JD Cloud Warehouse Management Solution shows how JD’s “Retail as a Service (RaaS)” strategy can help build a more sustainable business, while improving services for consumers everywhere.” Over hundreds of warehouses are using JD’s management technology process, this includes areas of China.

 

One of these providers, who mainly focuses on small day to day products, decided to upgrade to JD’s solution. With consistent use of the JD Cloud Warehouse Management Solution, this particular warehouse provider, saw orders at a high of four hundred percent. Zhongshang, a warehouse operator in Sichuan, also noted that he was able to expanded its facilities to 400,000 storage units, because of the progress of the system.

 

Many warehouse providers have seen significant growth with the JD Cloud Warehouse Management Solutions. Their businesses have flourished, creating improvements for supply and nationwide experience. The General Manager of Juzi has stated, “The program gives us access years of experience and the improvement of the business results speak for itself.” The JD Cloud Warehouse Management Solution has transformed many small businesses and the program will continue to grow, helping millions of companies. Visit This Page for related information.

 

More about JD.com on https://www.cnbc.com/quotes/?symbol=JD

Jingdong Builds A New Research Center To Build Smart Cities

 

Jingdong is starting a new research center that will develop futuristic automation technology that will be used to create smart cities. This research center is located in Xiongan, China, and was announced at the Beijing event on October 18, the 2018 Global Smart Supply Chain Summit. Named the Urban Smart Logistics Institute it will create urban logistics systems, urban logistics hubs, cloud computing platforms, big data, and other technology.

 

There were several founding members of this JD.com research center. These are Beijing Jiaotong University, Nankai University, Beijing Wuzi University. the Institute of Comprehensive Transportation at the National Development and Reform Commission, Sinotrans & CSC, Shanghai Maritime University, and the Shanghai Municipal Engineering Design Institute.

 

Quite a bit of the urban traffic emissions is released by freight vehicles in China. They also take up around a third of road capacity, leading to congestion on the roads in urban settings. Since urbanization is polluting the environment and a big cause of climate change Jingdong Mall is seeking to build a supply chain that gets as many freight vehicles off the road as possible.

 

The first thing this research center will focus on is underground logistics systems. Jingdong wants to build underground pipes that contain tracks which will allow packages to go underground from the factory to urban logistical hubs scattered around a city. This will eliminate much of the traditional logistic systems which take up too much space in a city. Click Here to learn more.

 

With smart cities, the goal is to make the best use of all the space in the city as well as conserve resources. The Jingdong research team says that building a 3-dimensional underground smart logistics system will change the industry for the better. It helps to reduce traffic congestion, is more environmentally-friendly, and save precious urban space.

 

Jingdong is the largest retailer in China so they ship a lot of packages every day. They are a very innovative company, such as building the first fully-automated fulfillment center on the planet. They can also deliver packages by drone and are exploring new propulsion technologies which will get packages delivered even faster in the future and at a lower use of energy.

 

See also: https://cn.nytimes.com/technology/20180619/google-china-jd-com/

JD.Com Launches An E-commerce Platform In Thailand

If there is an equivalent for the “Amazon of China”, Jingdong Mall is the best candidate. Jingdong Mall, also known as JD.com, has launched its platform in Thailand.

 

Jingdong has partnered with Central Group. The e-commerce platform is called JD Central and it’s been established after operating for three months. The partnership will offer direct sales as well as market models as it features various product categories including home appliances, music, and books. Vincent Yang of JD.com said the launch of JD Central marks the onset of another step in JD’s journey to serve clients in Southeast Asia. The company already operates in Indonesia and Vietnam. Fashion companies keen on expanding their horizons in Thailand should observe JD Central since fashion is in the leading category.

 

Jingdong Mall is an e-commerce firm headquartered in Beijing. It’s one of the leading B2C online retailers by transaction input. It’s also a Fortune 500 Company and a rival to Alibaba-run Tmall. In 2018, the company garnered 301.8 million users. Liu Qiangdong established JD.Com in 1998. Its retail platforms were launched in 2004. It began as an online optical store then diversified into selling electronics, computers, and mobile phones. In 2007, the firm changed its domain name to 360buy.com. In 2013, it rebranded to JD.com and publicized its new logo. View Related Info Here.

 

JD.com uses the Jingteng Plan to offer brand owners accurate target market and diverse channels to sell their products. They also provide authentic goods at low prices as well as quality assurance. Clients come first. Jingdong has 170 million users while Tencent has more clients in WeChat and QQ. The plan assimilates consumer behavior data as well as social data. It also incorporates marketing solutions for social data. The user portraits and personalized creativity are some of Jinteng’s projects.

 

Jingdong is one of the leading companies in high tech besides AI deliver via drones, robots, and autonomous technology. It possesses the largest drone for deliveries with the strongest capability in the universe. It’s recently launched a testing program for robotic delivery services as well as drone delivery airports and operating driverless delivery via launching its autonomous truck. Over the years, JD.com has increased shares in mobile consumers in China. It invested $397 million in a luxury e-commerce platform called Farfetch in 2017.

 

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