12/13/2024 | News release | Distributed by Public on 12/13/2024 04:46
JINGDONG Industrials, a leading Chinese industrial supply chain technology and service provider under JD.com (also known as JINGDONG), held its first Business Partner Conference in Indonesia. During the conference on December 10, JINGDONG Industrials formalized agreements with prominent brands including Henkel, Fluke, Sinopec, SATA, ZEBRA and more, expanding the range of industrial and general-purpose products available in Indonesia on its platform. The company also introduced a simplified onboarding process and exclusive incentives tailored to local partners.
The event attracted participation from over 100 industrial suppliers, featuring both globally recognized names and high-quality local merchants, including 3M, ABB, Bosch, Honeywell, Siemens, Schneider, and more.
JINGDONG Industrials' invitation to Indonesia-based suppliers stems from the growing procurement needs of Chinese companies in the region, particularly in industries such as automotive, electronics, metallurgy, and consumer goods. The collaboration opportunities span a wide range of categories, including industrial products such as wires, cables, machinery, and lifting equipment, as well as general-purpose products like office supplies, networking equipment, and office furniture.
By leveraging JD.com's extensive expertise in supply chain management, JINGDONG Industrials aims to establish a highly efficient, precise, and reliable procurement system that connects Chinese companies abroad with local suppliers.
With a deep understanding of the procurement needs of Chinese manufacturing enterprises, JINGDONG Industrials provides comprehensive services that cover demand matching, inventory management, fulfillment, and after-sales support. Its platform offers one-stop solutions for both general MRO (maintenance, repair, and operations) products, specialized MRO products, and BOM (bill of materials) components. Additionally, its self-developed TAIPU intelligent supply chain solution offers a full suite of services, including consulting, top-down design, and system configuration, fostering deeper integration between Chinese and Indonesian supply chains and promoting mutual growth.
As China's leading industrial supply chain platform, JINGDONG Industrials supports over 50% of China's Fortune 500 companies and more than 40% of global Fortune 500 companies operating in China.
China is the second-largest source of foreign direct investment (FDI) in Indonesia. Over the past decade, Chinese investment in Indonesia has increased nearly tenfold. In 2024, Chinese investments are projected to reach USD 7.42 billion. As Indonesia continues to be one of the most attractive investment destinations in the ASEAN region, JINGDONG Industrials' initiative further strengthens the ongoing economic collaboration between China and Indonesia and contributes to the development of the regional industrial supply chain ecosystem.
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