Customers of China’s retail leader JD.com or Jingdong Mall, recently got another dose of good news as it has been announced that it is unveiling what it calls its “JD Medicine Open Tracing Solution”.
This innovative solution is based on blockchain technology and is being implemented by Jingdong in an effort to give customers a greater amount of transparency in terms of the way the pharmaceutical products are supplied in China.
This new effort was announced during the Big Data Summit that JD.com held in Beijing during 2018. The authentic nature of medicines that consumers are being supplied with has been a major concern for the Chinese consumer base and this new solution is an effort to solve this issue.
The new solution is going to handle the tracing of medications, ranging from production all the way to the transport and storage of the medications. This solution will track these products all the way up to the point of the actual sale of the drug.
The motivation that is driving Jingdong to introduce the Medicine Open Tracing Solution comes from the fact that there have been several incidents in terms of safety that have been linked to medicines that have come into China. Expired vaccines have been one of these issues. The new solution is JD.com’s answer to making sure that these issues do not continue to persist. Go To This Page for additional information.
Jingdong has always maintained a strong record in regard to its supply chain. The company is known for the efficiency of its logistical and supply chain networks. The creation of this new solution comes in with the intent to ensure that Jingdong continues to be able to maintain its outstanding record in this regard. These moves are a part of a larger effort on the part of the retailing giant to continue to improve its already impressive system of supply and logistics.
Since Richard Liu Qiangdong started from the bottom of the business food chain, he knew there were things that would make it easier for him to try and help people. He also knew there were a lot of other issues companies had that he would have to overcome. He didn’t want JD.com to be the same as any of the other businesses.
Instead, he wanted people to understand why he pushed to make things better. It was his goal to always let people know why he did things while also coming up with positive opportunities they could use while they were shopping. Richard Liu Qiangdong is so much more than an owner of a store.
Liu created a movement for people and continues pushing to make sure that the movement is the best option for all his customers. He can do more than what other companies can and that’s what allows him to show them the company will succeed.
Richard Liu Qiangdong rose to success with JD.com. Now, the company is the second biggest retail store in the world. It’s only behind the other retail giant Alibaba and not by much. Richard Liu Qiangdong knows he can run the company the right way and push to make sure people get what they’re looking for. By doing this, he’ll make JD.com the best instead of just the second best. It’s his aspiration to make sure the company is the best in the world.
Not only does Richard Liu Qiangdong run the company so he can help people but he also does it so they have a chance to shop for everything they’re looking for in one places. After attracting retail giants like Wal-Mart and Google, Richard Liu knew he made all the right choices.
He has a lot of investors behind the company and that helps him with the connections he needs. He doesn’t worry anymore about where he’s going to get the money to keep running the company from. Instead, he focuses on how he can make even more money to increase his worth and the value of the company. See Related Link for more information.
More about Richard Liu Qiangdong on https://www.scripps.org/physicians/18780-richard-liu?tab=overview
With the rise of e-commerce, one of the traditional physical location, brick-and-mortar style business models that have taken a significant hit has been the bookstore industry. Across the entirety of the world, bookstores have seen major declines in all areas of sales due to the fact that online bookstores have become so prevalent and convenient for customers to use.
Traditional bookstores have really struggled to keep up and it has led to mass closings of many locations that still exist in a physical location. This would seem to be an impossible situation for the bookstore industry, but a number of booksellers in China are seeing a huge resurgence in their successes due to partnering with China’s leading e-commerce retailer, JD.com.
JD.com has sold books in its own business model for a number of years but now the retailing powerhouse is working hard to offer solutions to traditional book retailers. Forty-nine book retailers all together have joined forces with JD.com in order to gain access to the retailing power player’s extensive resources in terms of logistics and procurement of books to name just a few.
This August, JD.com announced their new “JD Blockchain Platform”. Enterprise-sized customers can use this platform to build and host their own blockchain apps in a way that is more convenient, transparent, and secure. This technology allows its users to make their operational procedures more efficient and gives their customers more visibility into them. One specific way this is being used it to trace food from where it was grown to throughout the supply chain.
The technology was previously available only to JD.com for use in its business model is now available to these brick-and-mortar retailers and it is making a huge difference for these companies to be able to take advantage of such an advanced supply chain that is the proprietary territory of JD.com.
This entire move to supply aid to these traditional bookstores is all a part of a larger initiative that JD.com has been promoting heavily as of recent. The goal is to offer the extensive resources that JD.com has to a number of countless small and medium range businesses that can benefit from accessing the kind of technology that only JD.com has available to it. This has been making huge differences for the bookseller industry and many more industries as well. See This Page for additional information.
Related Article: https://www.chinamoneynetwork.com/2018/10/18/jd-com-opens-up-its-logistics-network-to-users