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E-commerce Giant Zhiou Joins Hands with Soonfor Software and Many Suppliers to Build an Integrated Digital Ecosystem

Published on: 2024-11-11

At present, global digital trade is developing rapidly, and the home furnishing industry is undergoing unprecedented change. Zhiou Technology, stock code 301376, as one of the leading cross-border e-commerce enterprises in the furniture and home furnishing sector, has deeply realized the importance of ecosystem integration for the sustainable development of the company.

About Zhiou Home

Founded in 2010, Zhiou Home has always upheld the corporate mission of building homes and loving homes, providing highly convenient home solutions with design value and strong value for money for every family that loves life. Its products have entered more than seventy countries and regions across Europe, Central and North America, and Asia, and it has served more than twenty million family users worldwide.

The Core of Future Enterprise Competition: Supply Chain Digitalization

For Zhiou, in the cross-border e-commerce business of furniture and home furnishing, the supply chain is the most important foundation. It covers the entire supply process from demand forecasting to production delivery and warehousing logistics, and ultimately forms the company's core competitiveness in low cost, high efficiency, and high stability.

The competition among future enterprises will be competition among supply chains, and the most fundamental competition among supply chains will be digital competition.

For a long time, Zhiou has maintained long-term and stable cooperation with a large number of suppliers. This stems from the incomparable cooperation advantages it creates for suppliers, including long-term stability, steady orders, timely payment, IT support, and information sharing.

In order to further improve supplier management capability, at the supplier conferences in both 2023 and 2024 Zhiou and its supplier partners communicated the intention to connect and collaborate at the system level in areas such as production scheduling and quality control. Zhiou has also been actively seeking a suitable digital partner in this direction.

Strategic Cooperation to Build an End-to-End Ultimate Supply Chain

In supplier cooperation, Zhiou Technology makes full use of supply chain supporting resources and cluster advantages, integrating thousands of Chinese small and medium-sized enterprises into its own value chain and connecting them with global user demand. This opens new development space for those suppliers and ensures the company's production capacity advantages.

According to Mr. Chen of Zhiou, over the next ten years the company's development strategy will focus on three major areas: all-channel expansion, expansion into all home furnishing categories, and ecosystem co-creation. To achieve this goal, the company must significantly strengthen support for suppliers and ensure a highly collaborative and efficient supply chain.

Through deepened cooperation, Zhiou will work with suppliers to build an integrated digital ecosystem, fully connect the supply chain system with Zhiou's own system, truly achieve end-to-end linkage from the consumer side to the supply side, realize efficient circulation and collaboration, full-network information sharing and coordinated connectivity, and ultimately shorten delivery times and reduce inventory backlog.

To realize ecosystem collaboration, production and sales collaboration, intelligent forecasting, and supply chain collaboration, Zhiou Home and Soonfor Software have launched strategic cooperation to build an end-to-end ultimate supply chain.

What Is an Ultimate Supply Chain?

According to Mr. Ma from Soonfor, it means that while Zhiou continues to satisfy consumers, the entire Zhiou network, including the supply chain, workshops, inventory, and warehouses, can circulate efficiently. The purpose of this project is to help Zhiou build a highly efficient collaborative ecosystem operating platform covering the sales side, supply chain, logistics, and overall operations.

In building an end-to-end ultimate supply chain, solving delivery time requirements and rapid material matching is the key task. The core goal is to use order management and BOM management to handle enterprise resources well and realize material quota control. This means Zhiou needs to establish an agile and accurate system that can respond quickly to market changes, reduce waste effectively, improve production efficiency, and ultimately realize overall supply chain optimization and improved customer satisfaction.

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