Recently, Zhong Jiarong, deputy general manager of Rihua Cloud, was invited to attend the first working meeting of the Supply Chain Committee of Fujian Daily Chemical Chamber of Commerce in 2024. The purpose of this meeting is to further promote the optimization of the supply chain system of the Chamber of Commerce (member companies), reduce corporate procurement costs, and improve the overall efficiency of the supply chain to enhance the market competitiveness of companies and enhance the Chamber of Commerce's ability to serve member companies.
The Fujian Daily Chemical Chamber of Commerce is an industry organization voluntarily formed by companies engaged in the production of daily chemicals and related raw materials in Fujian Province. Since its establishment in June 2010, it has been committed to promoting industry development, serving members, and promoting the development of the daily chemical industry in Fujian Province in line with the purpose of "complementing each other's strengths, self-discipline and mutual assistance, unity and cooperation, and serving members".
During the meeting, Lin Jianping, president of the Fujian Daily Chemical Chamber of Commerce, said that the Supply Chain Committee, as a bridge between companies and suppliers, is of great significance to member units in carrying out centralized procurement. The Chamber of Commerce will take this meeting as an opportunity to deeply understand the needs of companies, provide substantial services to member companies, help companies reduce costs and increase efficiency, and improve quality innovation capabilities.
Zhong Jiarong, deputy general manager of Rihua Cloud, shared at the meeting how Rihua Cloud addresses the challenges faced by small and medium-sized enterprises in supply chain collaboration, such as high procurement prices, small scale, weak bargaining power, and other factors that lead to high production costs and insufficient competitiveness, and proposed solutions. He highlighted the advantages and role of Rihua Cloud in integrating resources and reducing costs, especially in the centralized procurement of bulk raw materials for enterprises, providing new ideas and models for the development of the daily chemical industry.
During the discussion session, the Chamber of Commerce and the Supply Chain Committee conducted in-depth discussions on multiple topics such as the feasibility, mechanism, model and specific implementation methods of centralized procurement, and put forward many constructive suggestions. The meeting ended successfully in a warm atmosphere.
As a one-stop trading platform for global high-quality large daily chemical raw materials, Rihua Cloud can provide daily chemical companies with one-stop daily chemical raw material trading services from market information, raw material packaging material procurement, raw material packaging material technical support, quality inspection, warehousing and distribution to supply chain finance. Rihua Cloud can help small and medium-sized enterprises quickly match supply chain resources, improve procurement efficiency and reduce costs through the centralized procurement of raw materials. At the same time, the platform provides small and medium-sized enterprises with market information with procurement guidance value through supporting raw material trend insights, raw material market live broadcasts, raw material industry analysis reports and other content, allowing enterprises to make more appropriate procurement strategies and decisions, and help enterprises grow.
Up to now, Rihua Cloud's raw material GMV is close to 5.5 billion, the platform has reached 306 merchants, and the number of factories and brand companies linked and served is 5,922. The commodity center has 67 types of raw materials and 3,165 SPUs, covering all raw materials required by daily chemical manufacturers, and can meet the various procurement needs of daily chemical companies.
The successful convening of this meeting marks that the Chamber of Commerce has taken a solid step in supply chain optimization and centralized procurement, and has laid a solid foundation for the future development of the daily chemical industry. It is hoped that Rihua Cloud will continue to optimize resource allocation and integration through efficient coordination of research, production, supply, marketing and service, so as to improve the overall efficiency and response rate of the supply chain, thereby enhancing the competitiveness of enterprises in the industry and promoting the healthy development of the industry.