JD.com, the top largest retailer in China has revolutionized the way enterprises of all sizes order products. Jingdong has created a one stop shop for all of your businesses office supplies services, maintenance, repair, operations products(MRO), and more through one secure channel b.jd.com and a MRO products specific page at imall.jd.com. By using these new channels for product procurement every businesses person in charge of ordering products will have a clear record of all previous orders and pricing information.
This new system has decreased enterprise product procurement time by 50% and costs by 15%. There are already over 5,000 large businesses taking advantage of this new procurement process. Of those include well known enterprises such as Bosch, Siemens, and Volvo. After Volvo started using this new system they cut the order process from weeks to just days.
“Cooperating with JD.com has significantly improved the quality of our procurement visualization, enabling us to make transparent and efficient decisions,” Hai Li said, Vice President of Procurement at Volvo Automobile Asia Pacific. Also Jingdong’s procurement process enabled Southwest Cement to cut its procurement costs by 20% and took just 36 hours to place an order.“Working with JD has drastically simplified our procurement process,” Jun Zhang said, Head of Supply at Southwest Cement.