Huiqin empowers the visualisation of the entire logistics chain and helps cross-border sellers to digitally upgrade their logistics supply chain.

What will be the impact of the cross-border logistics industry under the trend of refined operation?

While the cross-border logistics industry maintains rapid development, many pain points, such as unstable capacity, difficult to control the fulfilment timeframe, and continuous fluctuations in freight rates, are becoming increasingly acute, which has a profound impact on the operation of cross-border e-commerce sellers.

According to the survey, since the epidemic, 41% of the surveyed companies said they are facing supply chain challenges, including: delay or cancellation of cargo transport, insufficient data acquisition and analysis capabilities, lack of professional supply chain management knowledge and high logistics costs. High supply chain costs are a "lifeline" for sellers. And "sellers with a long-term vision, they are very clear that the key to future success lies in the supply chain capabilities."

So the demand for cost reduction and efficiency is imminent, but the root of the problem is that the cross-border supply chain is long, with many breakpoints. For a long time, supply chain management has mainly relied on manpower to process information and documents, with information lag and efficiency black holes. According to statistics, more than 60% of logistics and supply chain management costs are unplanned costs such as penalties and delayed waiting. The improvement of circulation efficiency requires industry-level upgrading and integration, and in response to the demands of sellers, the cross-border logistics industry has begun to innovate itself. The main changes are reflected in the digitalisation and servicing.

First, the level of digitalisation. Logistics fulfilment and inventory management affect the improvement of user experience, the development of sales strategies and the health of cash flow. In order to improve the ability to control the above two major aspects, sellers have higher requirements for the timeliness, richness, accuracy and granularity of logistics data. In this context, logistics service providers are gradually increasing their investment in cloud computing, big data, artificial intelligence and other technologies to meet the personalised needs of sellers through digital technology and improve their operational efficiency.

Second, the degree of service expertise. Nowadays, sellers' stock preparation generally adopts the strategy of less batch and more batch, which requires logistics service providers to have strong resource integration ability, crisis management ability and more flexible control methods. The service is not only limited to the safe and timely delivery of goods, but also need to develop a reasonable logistics programme for customers according to their actual shipping arrangements.

Taken together, the above changes show that cross-border logistics has entered the development stage of digitisation and specialisation.

The digitalisation of cross-border logistics is a gradual process. In this process, Huiqin has paid special attention to the power of innovation from the very beginning of the company. Through the formation of a "strong technical team + deep supply chain exploration + global vision" team, cross-border logistics management experience and guidelines to form a standard visual product, and through the refined supply chain solutions, to help customers optimise supply chain costs and efficiency.

Huiqin--To be the digital logistics consultant for cross-border sellers.

Looking at the current global environment, the objective challenges come and go, for cross-border sellers logistics and inventory cost control pain points, choose capable of digital integrated logistics service providers, the use of convenient and efficient digital tools, will be an effective way to quickly improve the supply chain management capabilities. And this happens to be what [Huiqin] is good at.

"In the past, the service provider to assume more of an executive role, the industry also exists in some of the difference in price, and even rolled up the money to run away from the chaos, but [Huiqin] want to do is the customer side of the professional and caring logistics consultant. Supply chain inventory costs are actually far more than pure logistics costs, but this is hidden under the iceberg part. Usually difficult to detect, but easy to produce a chain reaction affecting the seller's business, [Huiqin] hope to use more over digital means to help customers together to solve the iceberg under a variety of potential threats.

So, how does Huiqin help customers?

1, the lack of cross-border logistics co-operation

When the size of the seller reaches a certain stage, for the sake of professionalism and efficiency, the entire business will be split into roles, different teams are responsible for different duties, that is, we often say that professional people do professional things. However, the problem brought about after the division of labour is detailed is the problem of coordination of various departments, especially the lack of global perspective, there are waves of information delay or even information loss. When there is a deviation between sales data and stocking data, it is difficult for any company to have a unified perspective, respond quickly to the whole chain, and deal with the systematic operation of stocking, picking up, purchasing, warehousing, and operation driven by this in a timely and rapid manner.

To address the above pain points, Huiqin's multi-role collaborative work platform based on cross-border logistics from stock preparation, procurement, quality control, logistics, warehouse and operation avoids the information and data silos generated by the adoption of multiple platforms, and avoids manual excel transfer of data, which greatly improves the company's data timeliness and work efficiency. Full-process data-driven to achieve forward and reverse logistics business in the flow between the functions; based on multi-scene multi-perspective multi-dimensional data summary and analysis of the data Kanban large screen, for business operations and departmental and company management personnel to provide a more comprehensive and accurate basis for operations and decision-making!

2、Data not allowed

Due to the cross-border logistics nodes, platforms and channels, the data delay and missing data lead to missing or inaccurate core data such as inventory data and sales data. Operational data, financial data and inventory data play a decisive role in cross-border e-commerce decision-making, and data distortion can bring fatal losses to cross-border business.

In response to the above pain points, Huiqin provides a one-stop solution, the data generated by the nodes through which the logistics system can be accessed in real time; coupled with the API docking of the Huiqin system with logistics, warehousing, and channels, it realises the acquisition of real-time data across the entire chain, in multiple scenarios, and in multiple dimensions. At the same time, Huiqinsaas management system can also use the platform's sales data and the customer's own sales plan to provide SKU-level inventory visual analysis, replenishment prompts and out-of-stock warnings, providing effective data for seller decision-making.

Data Kanban, a comprehensive grasp of the operating situation

3、The lack of refined operation system

One of the risks of cross-border sellers is stock preparation, seller stock preparation involves sales, overseas warehouses, overseas in-transit, cross-border in-transit, domestic warehouse inventory, procurement planning, purchase orders, logistics time and many other linked links, and goods are often designed for multiple batches, multi-warehouse management.

Huiqinsaas management system allows sellers to look at the whole process from God's perspective, sellers set the rules, Huiqin provides reasonable data support, so that the seller's inventory turnover is more reasonable, more profitable and less risky.