In recent years, China's instant retail industry has grown very fast and has become a high-certainty way of life, based on local supply, relying on instant delivery, meeting demand in a timely manner, lower store costs, more optimized supply chains, promoting the rapid circulation of goods, realizing convenience, benefiting the people, and benefiting the people, and has also become the best solution to curb the decline of offline physical commerce. Local businesses can set up shop on the platform to cope with the impact of e-commerce, and they can also use the platform's digital tools to reduce costs and increase efficiency.
On August 2, the smart supermarket management software provider Kewu Wu and the instant retail head brand Kuaikeda takeaway supermarket chain held a strategic cooperation kick-off meeting in Hangzhou. The two parties will work together to develop the real-time retail field, empower 100,000 domestic supermarket enterprises, and inject more vitality into the digital transformation and operational efficiency improvement of the retail industry.
At the meeting, the two parties announced the joint establishment of a joint construction project in the direction of digitalization of real-time retail practices and operation empowerment of merchants, which will focus on the actual needs of supermarkets and optimize the operation process and improve service efficiency through digital means. The content covers multiple aspects such as co-branding and mutual promotion of the original business of both parties, forming a more complete and efficient solution to provide merchants with more comprehensive and considerate services.
Known for its market coverage, operational capabilities, supply chain support and technological innovation advantages, Kuikeda currently has more than 300 stores across the country, and has been deeply engaged in the field of supermarket digital management for many years with its advanced intelligent supermarket cash register system and rich management experience, and has become a strategic partner of Meituan Morning Glory SAAS system. The former is stronger than online, while the latter focuses on offline. The two parties have reached a strategic cooperation to rely on Meituan's Morning Glory SAAS system to achieve all-round integration of online and offline goods, orders, inventory, finance and data, and provide local retailers with full-process real-time retail digital solutions, which will undoubtedly bring a new revolution to the supermarket industry.
Huang Jianchao, founder of Kuikeda, said: "The cooperation between the two parties will effectively promote the digital transformation of the supermarket industry, improve the operational efficiency and competitiveness of merchants, and inject more vitality into the high-quality development of the supermarket retail industry through the joint efforts of both parties."
Liu Zhisheng, head of Kewuwu, said: "The advantages of Kuikeda in the field of instant retail complement our technical strength and management experience, and empower each other, which can bring more value to 100,000 domestic supermarket enterprises and help them take more opportunities in digital transformation."
The instant retail business model is divided into a platform model and a self-operated model. Among them, the instant retail platform does not directly own the goods, and does not have its own offline stores or pre-warehouses, and attracts offline supermarkets and other physical stores to settle in through the establishment of an online transaction matching platform. The instant retail platform provides traffic entrance and distribution logistics support, and the goods are completely owned by the offline merchant stores on the platform, and the offline stores are responsible for picking and packing, and the platform matches the takeaway brother to pick up the goods in the store, and finally delivers them to the consumer to complete the fulfillment. The rise of "just-in-time retail" is one of the biggest changes in China's retail market in recent years. The Instant Retail Industry Development Report (2023) released by the Ministry of Commerce clearly points out that in recent years, digital technology has continued to empower the innovation of retail formats in mainland China, and retail trading activities have continued to break through the limitations of time and space. As one of the new retail formats, instant retail has improved the local retail supply capacity and released the diversified consumption needs of residents by opening up online and offline sales channels and shortening the delivery time, which has become an important boost for the quality and expansion of the consumer market and the smooth domestic circulation.