JD.com and XCMG join hands to build an intelligent supply chain, opening a new chapter in strategic cooperation

Recently, JD.com and XCMG held a grand strategic cooperation agreement signing ceremony at JD.com’s headquarters in Beijing. Yang Dongsheng, Chairman and Party Secretary of XCMG Group, and Xu Ran, CEO of JD Group, attended and witnessed this moment of great significance. The successful conclusion of this signing means that both parties will jointly embark on a new journey of cooperation.

Jingdong Group specifically mentioned at the signing ceremony that XCMG Automobile, as the core pillar industry of XCMG Group, has become a unique state-owned independent brand heavy truck manufacturing enterprise in Jiangsu Province with its outstanding strength and market performance. At the same time, It has dual qualifications in traditional energy and new energy. In 2023, XCMG's new energy heavy truck sales reached an astonishing 5,373 units, a year-on-year increase of 93%, and the market share was as high as 15.73%, firmly ranking first in the industry, demonstrating the strong development momentum of China's commercial vehicle industry.

According to the editor’s understanding, the signing of this cooperation agreement will give full play to JD Logistics’ mature experience and advantages in supply chain planning, planning systems and warehousing management. Carry out in-depth cooperation with XCMG Group in the fields of integrated spare parts supply chain, intelligent warehousing construction and management. Previously, the two parties have established good cooperative relations in Guiyang, Xi'an and other places. JD Logistics has effectively assisted in the supply of spare parts for XCMG excavators, XCMG loaders and other products with its excellent supply chain planning, planning, warehouse distribution integration and digital capabilities. The chain has reduced inventory levels and significantly improved the fulfillment rate of end orders.

Looking to the future, both parties will actively explore the northwest integrated supply chain pilot project, jointly promote XCMG Group’s national supply chain network planning, and strive to improve the level of digitalization and further reduce logistics costs. In addition, relying on JD Logistics' extensive overseas supply chain logistics network, the two parties will also work together to explore local layout planning in overseas markets to provide XCMG's overseas customers with a more efficient and convenient logistics fulfillment experience. This strategic cooperation will undoubtedly inject new vitality into the business development of both parties and jointly write a new chapter of win-win cooperation.

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