On August 17, JD.com Group released its second quarter financial report: In the second quarter of 2020, it achieved net revenue of 201.1 billion yuan (approximately US$28.5 billion), a year-on-year increase of 33.8%. This growth rate not only set a record for JD.com A new high in the past 10 quarters, and for the first time, net income in a single quarter exceeded 200 billion yuan, setting a new record for single-quarter income in China's retail and Internet industries. In addition, smart logistics has also achieved remarkable results. JD Logistics' "Asia No. 1" smart logistics center in Langfang Economic Development Zone was officially opened. The park is equipped with Asia's e-commerce industry's first automated storage and picking system for large items, which greatly improves the processing efficiency of large items such as air conditioners, refrigerators, and furniture. As of June 30, 2020, JD Logistics operated more than 750 warehouses. Including the cloud warehouse area managed by JD Logistics, the total warehousing area of ??JD Logistics is approximately 18 million square meters.
5G, artificial intelligence, big data, blockchain... In the current era of rapid technological development, promoting technological innovation is the first driving force for the development of all Internet companies. Especially in this year's special development environment, technology has become the key for Internet companies to break through adversity. JD.com has always attached great importance to technology investment, and technology drive is the core strategy of JD Logistics, and it is also an important driving force for JD Group to achieve steady growth in adversity.
Data is boring but also the most convincing. As the first national shopping festival in the post-epidemic era, JD.com’s 618 this year set a new record of 269.2 billion in order volume. Driven by technology, Jingdong Logistics' open business revenue increased by more than 80% year-on-year. Same-day and next-day delivery of integrated warehousing and distribution orders accounted for more than 91%, and nationwide 24-hour delivery accounted for more than 90% of districts and counties, maintaining its proportion. The standard is usually even higher.
Relying on technology accumulation and logistics infrastructure, in the past few months, JD Logistics has withstood the pressure and taken multiple measures to maximize the technical capabilities built over more than ten years, while protecting people's livelihood and promoting logistics. Production and stable growth have played a key role.
Enterprises are the main body of the society and economy. When social and economic development faces difficulties, more outstanding companies with the strength and ability to turn the tide need to stand up, stand up, and turn crises into opportunities. From stepping forward during the outbreak to proactively leading the way in the post-epidemic era, JD Logistics’ actions can be regarded as an example.
"New infrastructure" explodes with surging momentum
"In the next twelve years, we will only have three things - technology! Technology! Technology!" This is what was said at the JD.com Group's annual meeting in early 2017 The end of a key speech. This year was also a watershed in the development history of JD Logistics. JD Logistics officially transformed from corporate logistics to logistics enterprise, and a large number of practical scenarios made JD Logistics more deeply aware that technology is the first factor leading the development and reform of logistics. Continuous expansion in the technology field has also become the secret to JD Logistics’ outstanding performance in this year’s epidemic and the economic recovery in the post-epidemic era.
As the first national shopping festival in the post-epidemic era, this year’s JD.com 618 has placed too many expectations on it, and JD.com has lived up to expectations and delivered a record-breaking performance. Among them, JD Logistics, which is responsible for the important guarantee task of this nationwide consumption carnival, has also completed phenomenal operations that are even better than usual. Among them, core logistics technology covering all scenarios plays an extremely important role.
As one of the core technologies of new infrastructure, 5G technology has become the focus of competition among major Internet companies. As an explorer at the forefront of logistics technology, JD Logistics has joined hands with the three major operators to explore the implementation of technology since 5G was officially commercialized. At present, all Asia Ones of JD Logistics have covered 5G networks, and with the support of 5G technology, they can provide consumers with more efficient services.
During this year’s 618 period, JD Logistics’ digital fleet has been connected to manage and operate nearly 200,000 vehicles, as well as more than 150,000 pieces of safety auxiliary management equipment, completing cold chain, large items, B network, C Network, TC transport tasks hundreds of thousands of trips, ensuring the safety of logistics transportation and goods. At the same time, the station vehicle dispatching systems launched in Beijing Yayi and Mayong Yayi rely on 5G technology to achieve efficient collaboration of vehicles, bid farewell to traditional manual methods, and realize intelligent vehicle management and in-park dispatch guidance for a total of 20,659 task vehicles. , greatly optimizing the dispatching efficiency of stations and vehicles.
"Black technology" paved the best way to reduce costs and increase efficiency
The continuous research and development of "black technology" has allowed JD Logistics to find the best way to reduce costs and increase efficiency. .
In the second quarter of this year, Asia’s first full-process intelligent flexible production logistics park, JD Logistics Beidou New Warehouse, was completed and put into use in Tianjin. The warehouse has 100% of its expertise in software, hardware and model innovation. Independent intellectual property is a new generation of advanced large-scale automated warehousing production and management system in the e-commerce industry, following the full-process unmanned warehouse, Dilang warehouse, Tiancang and Asia's No. 1 smart warehouse.
JD Logistics has also invested in Asia's first large-scale automatic three-dimensional warehouse in Langfang Yayi. Through automated storage and integrated picking, the efficiency is more than three times higher than that of traditional warehouses. In addition, the intelligent review system launched by JD Logistics can process 45,000 books in a single day; the Internet of Things lighting system realizes intelligent sensing, remote operation, and intelligent equipment connection. On the basis of reducing energy consumption by 90%, the life span can reach more than 10 years. The logistics GIS system supported by AI technology also realizes intelligent order allocation optimization, and intelligent production scheduling improves the accuracy of production capacity control by 20 percentage points, reaching more than 90%.
Since last year, JD Logistics has deeply explored the business scenarios of the Internet of Things blockchain and launched innovative application products such as "Chain Signature" and "Jingyuan Chain".
Among them, Jingyuan Chain realizes the data collection of the whole process information of agricultural products by cooperating with front-end Internet of Things equipment. It relies on Jingdong blockchain technology to establish encrypted traceability QR codes and realizes Jingdong’s fresh products covering farming management. Information traceability and openness and transparency in all aspects of collection and collection. On-chain signature technology not only achieves higher protection of user information, but also uses blockchain electronic documents to replace paper documents, achieving second-level reconciliation, bringing exponential improvements to the operating efficiency of all aspects of the logistics process, creating a seamless Paper-based green logistics.
Build a supply chain technology system to link the whole society
Openness is the development concept that JD Logistics has adhered to since its establishment.
In October last year, JD Logistics established a 5G smart logistics application system with 5G + IoT + artificial intelligence as the underlying core, and exported a series of products such as smart parks, smart digital fleets, smart logistics maps, and value supply chains. and solutions. By this year, more and more partners have enjoyed the technological driving force brought by LoMir, guaranteeing the 618 promotion.
Taking advantage of the booming development of the industrial Internet, based on its rich experience and technical capabilities in supply chain services, JD Logistics officially proposed at the 2019 Global Smart Logistics Summit held in October last year to join hands with partners ***Build the supply chain industry platform (OPDS) to promote the industry into an era of high efficiency.
The supply chain industry platform built by JD Logistics mainly focuses on two major directions. One is to provide full supply chain services, and the other is to build a supply chain technology platform. Focusing on full supply chain services, JD Logistics will use "double 24 hours" and "double 48 hours" to open up the entire production and sales chain and double domestic and international connections, especially in the "first mile" to achieve "24-hour delivery from the origin to the country." "Promoting 24-hour delivery to thousands of counties and towns" in the last mile. Focusing on supply chain technology, JD Logistics has created a three-dimensional supply chain technology platform covering three levels: underlying technology, software and hardware systems, and intelligent supply chain. It can be modularized
In the future, the digital transformation of China’s economy provides broad prospects for JD Logistics to transform the traditional supply chain. JD Logistics will continue to use integrated supply chain services to drive greater openness and build a full-scenario. The logistics technology system promotes network sinking and production and sales links, and joins hands with a wider range of partners to jointly promote the logistics industry to integrate into every aspect of business civilization and social life, creating a new era of logistics.