Alibaba, the largest online business company, does not manufacture or stock products on its own; Uber, the largest transportation network company globally, actually owns no vehicles; Airbnb, leading hotel and travel company, does not own any real estate. One thing they have in common is that they all create evolutionary ideas to disrupt and reform competitive landscape. Owning no inventory nor product doesn’t stop Alibaba being the supply chain management guru. In fact, in April 2016 Alibaba Group has officially surpassed Walmart and become the world’s largest retailer. This set the milestone when the world’s largest retail market shifted from offline to online. “We used 13 years to demonstrate the power of a different business model compared with brick-and-mortar retailers,” the Alibaba Group said. A key success factor for Alibaba is to delivery comprehensive while tailored digital supply chain process to customers.
Organization Name: Alibaba Group Industry: E-commerce Web references: http://www.alibaba.com If you want to grow, find a good opportunity. Today, if you want to be a great company, think about what social problem you could solve. – Jack Ma, founder of Alibaba Who are they? Alibaba is one of the world’s biggest e-commerce B2B marketplaces with annual gross profits of $1000… Read more »