Zhong Ding Venture Yin Junping: Looking at the Future Investment Trends from the Perspective of Intelligent Logistics

Introduction

???????At present, the logistics industry is still at the golden stage, the continued influx of capital is the more fire the more prosperous in the carnival has not yet cooled, can not help but think: the future investment trends and challenges? Zhong Ding Venture Capital as a focus on the logistics & supply chain and other areas of investment companies, a professional perspective on the future of VC, what kind of, can open the wisdom of the public light?

????????Speakers: Zhong Ding, founder of Zhong Ding Venture Partners
(This article according to September 18th, the logistics salon technology sharing · future - 2016 wisdom logistics peak forum "on-the-spot sound recording arranges)

??????Good at noon, do the core of investment is to grasp the future trend. Today, I look at the topic is the general trend of VC logistics, what kind of segment can be a large market value of the company?

??????The driving force of intelligent logistics

??????From an economic point of view, the wisdom of logistics means cost, efficiency and experience of the system optimization, optimization of space determines the size of investment opportunities. The size of the optimization space depends on the following factors:

??????The first is the "big", land area, GDP, the total space will be greater optimization. In this regard, the United States and China is the most typical; the second is "more", the industry scattered, many players, more warehouses, trucks and more workers, the optimization of space will be greater; An import and export power, and regional economic development is not balanced, making the logistics distance, the process is very long, great room for optimization.

??????We look at the driving force, wisdom, logistics in the end wher driving force? From our point of view, the first is the user's needs, there is no demand will not have intelligent logistics; other facilities, technology, large data, model innovation, entrepreneurs. Here to emphasize the role of entrepreneurs to meet the wisdom of the development of logistics, entrepreneurs can not be separated from the spirit of innovation, for investors, the key is to find a dream of passionate entrepreneurs.

??????Historically, the supply chain power center from the manufacturing side of the gradual transition to the client. In the era of product shortages, such as Ford, as long as the car can be made out to sell, it will be the power plant is the power supply chain center, all the logistics services are revolving around the factory. But behind the excess capacity, the channel becomes a power center, typically as Wal-Mart, all the logistics supply chain design, service is around the channel. In recent years, the traditional channels are already surplus, and with the Internet, mobile Internet, the prosperity of electricity providers, users can finally together to express their rights, and users become the power center of the supply chain, the user experience into the key to competition , The future is a lot of trends and this related.

???????The trend of intelligent logistics
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???????I would like to share the trends I see, the first is the logistics integration, such as Huawei, Baosteel, they want to provide one-stop service providers third-party logistics, warehousing, supply chain, courier, LTL, vehicle and other integrated services , Which promoted large-scale logistics companies continue to expand service products. We see that foreign logistics giants are from a single service, such as from the courier business slowly into LTL, vehicle, freight forwarding, supply chain and other fields. This trend brings a lot of integration opportunities, the United States since the 90s to the present, every year hundreds of mergers and acquisitions integration. Zhongding to see this trend, but also ahead of a lot of layout, we advance card bit.

???????Second, the network globalization, the wider your network, the greater the density, the lower the cost, the experience will be better. China's enterprises like Shun Feng, Debang began to globalization, foreign countries such as FedEx, DHL, UPS these companies have early access to China.

???????Third, the power of the logistics, electricity 1.0 times the customer access to the competition (drainage), 2.0 times the core is the customer experience (operation), and has entered the 3.0 era, the logistics supply chain efficiency competition, Rely on efficiency to make money, rookie, Jingdong logistics conform to this trend.

???????The fourth trend, the platform of polymerization. China has hundreds of thousands of green, 30 million drivers, 200 million couriers, 100 million cattle and cattle car, there are many platform polymerization opportunities, such as the card line of the world, truck help, blessing trucks, Dada and so on. But also as the warehouse, dry, with the separation of the trend, the information did not get through when the warehouse dry with separation is difficult, but with the development of information technology, information, data can be seamless link, then the advantages of specialized division of labor It is reflected. Warehousing and distribution of the trend of separation of a four-way network of these companies will be a great impact.
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???????Future investment opportunities

???????Finally, when it comes to technology, people, space, storage space more expensive, the liberation of manpower, compression space or space technology market. Just a few show high-tech products, the overall I do not think Kaopu, but personally think that there are two things a great opportunity. First, unmanned. why? Because China has 30 million drivers, unmanned technology is already very mature, and infrastructure is no problem, once the unmanned application, at least half of the liberation of the driver, China can liberate 15 million. With the unmanned, the business model there are many innovative possibilities, such as drops may become a huge asset company. In addition, this sort of high-speed automatic sorting, such as a Stone, Jingdong are beginning to large-scale applications, can improve sorting efficiency, reduce the sorting personnel, saving space.

???????Overall, from the investment point of view, I see there are four major trends:

???????First, the infiltration of electricity providers, logistics, rookie is likely to become the world's largest logistics company;

???????Second, the basic service integration;

???????Third, platform integration and operation system;

???????Fourth, the infrastructure on-demand services, which ProLogis has done a lot of useful attempts.

???????At present, China's logistics usher in the golden years, this is the opportunity for all entrepreneurs here, but also our investment opportunities.

???????Next to introduce Zhong Ding venture in the field of logistics supply chain layout. Tu Li is in recent years we invest in some cases. The pyramid model, the bottom is the basis of the logistics service providers, the middle is the logistics and transport enterprises, the spire is the platform of the supply chain business. We express, Lingdan, vehicle, platform has investment.

???????Through several years of accumulation, Zhong Ding initially built a logistics supply chain as the core of the ecosystem, we voted dozens of logistics-related businesses, and our investors are China Post, SF, Debang, investment logistics, fly Li Da, Jingdong, Tencent and so on. We operate is an ecological, logistics, electricity providers, the brand three circles, they are mutually reinforcing. The circle of these big brothers pulled together, a different perspective to see the world, sharing resources.

???????"Great wisdom" logistics challenges

???????Just talk about the wisdom of logistics, from our perspective, rookie in the front, Ma in the fly, the Amazon is more realistic, Jingdong is the most ground gas. So far, the real success of the rookie is the electronic surface of a single, such as rookie Inn, wrapping, etc. are still facing greater challenges, it and the relationship between the ecological in the end is what kind of integration or revolution, what is the A degree? How to share the platform for everyone?

???????Logistics, non-standard, personalized, process is very long, it is difficult to Internet +, I personally optimistic about the logistics + Internet. Today, the theme of intelligent logistics, my own classification, there are three levels of logistics, the bottom is called clever logistics: good technology, tools; followed by the wisdom of logistics, reflected in the network, data, platform, the core of the product , Simple is wisdom. Finally, the "great wisdom" of the logistics, based on the wisdom of the logistics, the future will have a "great wisdom" logistics, I think "great wisdom" is truly four-stream one. Like Jingdong, Ali, I think they have this foundation, because they have business flow, a large data base, but the challenge?

???????Rookie challenge, in the "great wisdom" level, which is called Prajna wisdom of Buddhism, to be willing, without me, look at the long-term, go with the flow. Rookie have the opportunity to become a great wisdom of logistics, but the courage to put down, to peace, to altruism. Jingdong, Jingdong is now a good foundation, but he wants to be a great wisdom of the logistics company, lightweight, open, Ali's extrusion is a challenge. Jingdong with the rookie game, Jingdong should unite all forces can be united, the enemy is a friend of the enemy. I am more optimistic about the prospects of Amazon great wisdom of logistics, in the United States without Ali, eBay is very weak, Amazon can focus on the development of their own great wisdom of logistics. thank you all.?