IBI Selected as a National Pilot Enterprise for Supply Chain Innovation and Application
On October 16, 2018, the Ministry of Commerce, Ministry of Industry and Information Technology, Ministry of Ecology and Environment, Ministry of Agriculture and Rural Affairs, People’s Bank of China, State Administration for Market Regulation, China Banking and Insurance Regulatory Commission, and China Federation of Logistics and Purchasing jointly released the list of National Pilot Enterprises for Supply Chain Innovation and Application (Document No. [2018]654). IBI, along with companies such as Alibaba, JD.com, and TCL, was successfully selected among 269 enterprises nationwide.
National Strategy for Supply Chain Innovation
According to the Guiding Opinions of the General Office of the State Council on Actively Promoting Supply Chain Innovation and Application (Guobanfa [2017] No. 84) issued on October 13, 2017, by 2020 China aims to form a number of supply chain technologies and models suited to national conditions, build an intelligent supply chain system covering key industries, and cultivate about 100 globally leading supply chain enterprises, positioning China as a major global center for supply chain innovation and application.
To implement these goals, on April 17, 2018, eight ministries jointly launched the selection of pilot cities and enterprises (Document No. [2018]142). The key mission of pilot enterprises is to apply modern information technologies, innovate supply chain technologies and models, build collaborative industrial platforms, enhance integration and coordination across industries, and promote a complete, efficient, and environmentally friendly supply chain ecosystem that drives cost reduction, efficiency improvement, green development, and industrial upgrading.
Smart and Green Supply Chains
Smart supply chains and green supply chains are at the core of future supply chain development. In alignment with the national pilot requirements, IBI will fully implement the spirit of the Guiding Opinions, focusing on the integration, transformation, and upgrading of traditional industries. Based on its Industrial E-commerce and Industrial Internet platforms, IBI will further promote the convergence of traditional supply chains with the Internet and Internet of Things, accelerate innovation in supply chain technologies and models, and advance the development of smart and green supply chains to achieve cost reduction, efficiency improvement, and sustainable transformation. IBI aims to become one of the top 100 globally leading supply chain enterprises cultivated by the Chinese government.
Innovation and Integration
IBI, built upon Industrial E-commerce and powered by Internet-based big data, is committed to becoming a leading Industrial Internet enterprise. The company operates the IBI Resource Network, a B2B information service platform, and vertical B2B trading platforms such as Toodudu (TDD), Wdoodoo (WDD), and Boododo (BDD).
The IBI Resource Network covers over 100 industrial sectors and hosts 2 million registered members and 200,000 active members, providing integrated online and offline supply–demand matching and business network services. The Toodudu, Wdoodoo, and Boododo platforms serve upstream and downstream businesses in the coatings, hygiene products, and glass industries, leveraging Internet technology to integrate resources across traditional supply chains.
These platforms offer diversified supply chain services including self-operated and third-party trading, collective procurement, bidding and auctioning, online payment, e-signature, cloud logistics, cloud warehousing, cloud ERP, big data analytics, smart factory, and Industrial Internet solutions. Additionally, IBI holds strong resource advantages in coal chemical, robotics, new energy vehicles, new materials, and environmental protection industries, enabling it to expand the depth and breadth of its industrial ecosystem.
