Qingdao area of Shandong pilot free trade zone has the world’s fourth largest foreign trade port Qingdao Port International Co.Ltd(601298) , which is one of the largest import ports of rubber, cotton and pulp in China. Qingdao free trade area is also an important commodity trading and distribution center in China.
In today’s world, digital transformation is having an all-round and deep-seated impact on productivity and production relations, and bulk commodity trading is also facing a new proposition of digital transformation.
Bulk commodities are difficult to handle. They are mainly transported to the distribution center by sea and railway. In addition, the spot trade of bulk commodities only transfers the right of goods without moving the warehouse. Finally, they are transported from the port to enterprises in various cities by car.
The characteristics of physical circulation of bulk commodities determine that the storage along ports and railways has become the key node of trading. Qingdao serves as a hub for bulk commodity processing and storage, and serves as a hub for many bulk commodity processing and spot enterprises.
On April 22, Qingdao area of China (Shandong) pilot Free Trade Zone officially released the digital warehouse for bulk commodity trade and warehousing industry. Digital warehouse focuses on the safety and efficiency of warehousing and logistics, the basis of bulk commodity trade transactions. JD cloud is the technical support behind the digital warehouse. The standardized interconnection between the bulk commodity warehousing and logistics enterprise operation management system and the digital warehouse system first created by JD cloud can realize the digitization of the whole process of warehousing services through the intelligent perception, intelligent scheduling, intelligent identification and intelligent control of the digital warehouse system.
It is reported that JD cloud, combined with the CCR Jingke cargo exchange treasure project, has been deeply cultivated in the CCR warehouse for more than two years, and jointly provided technical support for bulk commodities in Qingdao free trade area. Among them, JD cloud focuses on the provision of low-level technical capabilities such as AI and IOT, while China storage Jingke prefers the creation of commodity trading application layer technologyP align = “center” commodity trade will no longer be difficult
We are moving towards a new era of digital civilization. In the past two years, in line with the trend of digital transformation of bulk commodity industry, China’s bulk commodity warehouse has invested a certain cost and carried out various digital transformation, including the management of movable property, the risk management of warehouse receipt pledge financing business, physical management and so on.
However, most warehouses still rely on manpower to conduct regular inspection and monitoring, and have not really realized the digitization of the whole process of warehousing business and the intellectualization of management, and have not realized efficient, safe and low-cost goods management.
At present, there are many problems in the industry, such as the inability of real-time correlation between goods and WMS accounts and business documents, high false positive rate, lack of cross verification of effective data, and inability to directly trade in services.
In view of the problems faced by the industry, Qingdao Free Trade Zone, together with Jingdong technology, China storage Jingke and other leading scientific and technological enterprises, takes the storage enterprises within the zone as the pilot, innovates and implements the digital warehouse, focuses on the safety and efficiency of storage logistics, the basis of trade and transaction links, digitally upgrades the pilot warehouse, and provides a series of comprehensive digital and intelligent solutions.
Through the technical support of digital warehouse, Qingdao Free Trade Zone realizes the four flow matching of business flow, logistics, capital flow and information flow in the bulk commodity trade chain, helps the digital warehouse receipt pledge financing operation more efficient and convenient, solves the pain points of low digitization and capital shortage of trading enterprises in the initial stage of business development, and also provides services for customs, taxation, market supervision, safety, fire protection Emergency and other departments have opened up the “expressway” of digital intelligence transformation.
With the digital warehouse put into use, the bill of lading transfer and single pledge financing business based on the government’s digital infrastructure – Digital warehouse has also been successfully implemented in Qingdao free trade area.
On April 20, a 200 ton rubber bulk purchased from Vietnam was stored in the digital warehouse of CCR Qingdao branch in Qingdao free trade zone after completing the processes of bill of lading signing, document replacement, customs clearance, inspection and warehousing. Through the “Ai viewing” function of the digital warehouse platform, the warehouse, trader and bank can easily and clearly see the information of goods, owner and warehouse in real time. On April 21, Qingdao Yueyou International Trade Co., Ltd., the owner of the goods, quickly and conveniently obtained a loan financing of US $316000 in China Construction Bank Corporation(601939) Qingdao Free Trade Zone sub branch in the mode of bill of lading transfer and simple pledge.
Digital warehouse realizes a new type of commodity industry ecological service system integrating warehousing, trading and finance, and has industry-leading significance in the field of international bulk trade, warehousing and circulation.
In fact, not only traders, financial institutions and industrial platforms can realize remote real-time goods viewing through the “Ai goods viewing” function, but also solve the needs of efficient digital supervision of a series of government departments and regulatory departments such as customs, taxation, market supervision, security, fire protection and emergency response.
“Combined with the function of video monitoring, we can also carry out 24-hour and all-round security dynamic monitoring in and around the warehouse, linkage with security management, warehousing management and other systems, and synchronize the video of the corresponding problem location to the management platform for abnormal display at the first time.” Zhou Jiong, vice president of JD group and head of IOT product department of JD technology, introduced that at present, the interconnection between digital warehouse system and industrial platform has been realized. By building a blockchain warehouse receipt system based on warehouse digitization, the five consistent inventory management mode of “goods, location, identification, electronic accounts and digital warrants” in real time has been realized, so as to greatly reduce the delivery cost and security risk of trade.
In the future, through the construction of digital warehouse, the realization of regional digital infrastructure can also help improve the convenience of trade and finance in the region, attract industrial enterprises, and trade enterprises gather and settle in the region for development.
Qin he, deputy director of Qingdao Free Trade Area Management Committee, revealed that the digital intelligence Park, digital warehouse receipt standardization service, trade basic standard service and other systems will be launched around the international trade business chain to solve a series of difficulties affecting the high standard interconnection and institutional cost reduction of infrastructure in the unified market, such as lack of standards, repeated investment, scene isolation and so on, Further promote the extension of trade digital scene, the legal, compliant and safe use of digital resources, the development of service industry, and promote the high standard coupling development of next-generation transportation, warehousing, trade and finance focusing on digital warehouse receiptsP align = “center” why JD cloud
How difficult is it to build a digital warehouse? Zhou Jiong introduced that building a digital warehouse requires three capabilities: the first is technical service capability. Through Internet of things, blockchain, big data and other technologies, build a basic technology base for model innovation, cost reduction and efficiency increase of enterprises. The second is data service capability. The data results collected, calculated, counted and analyzed by digital technology provide data services for business guidance, prediction and decision-making for the industry, so that enterprises have a “smart” brain. Third, financial service capability. Based on the strong financial attributes of bulk commodities and relying on timely, real and reliable data and supply chain trade scenarios, it provides real-time financial services to solve the capital problems of enterprise operation.
JD cloud is a rare company in the industry. It is also a company with these three technical service capabilities.
“From the supply chain to the industry”, JD cloud relies on JD, a supply chain based technology and service enterprise, and has accumulated more than ten years of internal better practice in the field of digital intelligence supply chain. It is understood that in terms of logistics and warehousing, JD has 43 “Asia No. 1” and 1300 warehouses in continuous, efficient and orderly operation; On the basis of nearly 10 million self operated SKUs, JD maintains the world’s leading operation efficiency, and the inventory turnover days are further reduced to 30.3 days, which is the world’s leading level. Based on JD’s refining in these massive and complex business scenarios, JD has accumulated leading comprehensive technical capabilities such as cloud computing, artificial intelligence, Internet of things and blockchain, all of which are converged on JD cloud.
“This long-term deep cultivation of the supply chain and the integration of digital technology capabilities are, in my opinion, the key elements to serve the high-quality development of the real economy in the current era of digital economy.” Li Bo, vice president of Jingdong group and President of Jingdong technology financial technology group, said, “the supply chain capability helps us have a deeper insight into the industrial demand and understand the industry better; while the solid comprehensive technical capability gives us more confidence.”
At present, JD cloud has provided industrial digital upgrading services for more than 1500 large enterprises and more than 1.52 million small, medium and micro enterprises.
In addition to the training in JD’s internal supply chain, JD cloud also better understands how the bulk commodity industry needs to optimize the supply chain and improve efficiency in warehousing, logistics and other links.
Chang Fei, Minister of the industry promotion department (international cooperation and promotion department) of Qingdao Free Trade Zone, said: “one of the key factors for Qingdao Free Trade Zone to quickly establish a digital warehouse is that we have selected excellent partners in the industry – JD technology and China storage Jingke.”
It is understood that China storage Jingke Supply Chain Management Co., Ltd. is a joint venture established by JD technology and Cmst Development Co.Ltd(600787) and has built a “goods for treasure” platform for bulk commodity trading and delivery security by taking advantage of JD technology’s leading technical ability in financial technology and Cmst Development Co.Ltd(600787) ‘s rich experience in supply chain management.
For more than two years, huodubao has been gradually launched in some commodity warehouses of China central reserve across the country, and achieved good operation, which has gradually been recognized by more people in the industry.
liyongzhao, vice president of Cmst Development Co.Ltd(600787) and president of China materials storage and Transportation Association, revealed that Qingdao free trade zone also took the initiative to find China central storage Jingke and JD technology after seeing the effect of goods against treasure, hoping to uniformly transform the warehouse in Qingdao free trade zone.
Cmst Development Co.Ltd(600787) is the leading enterprise in the industry. Therefore, CCR Jingke tried to be universal when making goods for treasure, hoping to provide services to the industry on this basis in the future. This has also laid a good foundation for the digital warehouse project in Qingdao free trade area. “Because it is very difficult to accumulate AI capacity in the commodity scenario, but after completing a warehouse, the later warehouses will copy very quickly.” Yu Shaoming, an Internet of things financial product expert in the IOT product department of JD technology, said.
Li Yongzhao said that the cargo exchange treasure built by CCRC Jingke for bulk commodities in the past is itself a platform, and the newly launched digital warehouse can be said to be the platform, the foundation and the bottom support system of all bulk service enterprise service platforms.
Li Yongzhao explained: “From the technical level, we have built four layers of technical foundation when we do the goods for treasure. The first layer is WMS system, the second layer is Internet of things, the third layer is warehouse receipt system, and the fourth layer is personalized service tools and channels. Now the government’s digital warehouse platform is equivalent to building the technologies of the first, second and third layers into a common IOT platform, so that enterprises in Qingdao free trade area do not need to repeatedly establish their own underlying systems, but can Directly use the government platform, and then only need to establish the fourth layer of personalized technical services. “
The construction of digital warehouse in Qingdao free trade zone makes commodity trading simpler and more convenient. At the same time, it not only provides efficiency but also reduces costs. Like building roads in the park to improve physical infrastructure, the construction of digital warehouse is to build soft infrastructure in the digital world.
The same is true for the construction of a unified market, which requires centralized management not only in the physical world, but also in the digital world. In the future, when the technology in the industrial Internet can realize centralized management, and the industrial Internet and consumer Internet can realize cross market connection, it means that the unified big market is really formed.
