Only goods will be said to have submitted express licence application to reduce logistics costs

Recently, the director of the goods will logistics and customer service business Vice President Tang Tanji to reporters, although only the goods will be in the Courier link selected downwind, China Post EMS and other high-quality partners, the rate is only about 95%, if you want to increase the index 2%, since the build Express is the only way.

This is the following Beijing-east, Fank submitted "Express Business License" (commonly known as "express License"), but also a self-built logistics of the company. In Tang Tanji view, this is a somewhat risky and have to do, because if the construction of large area of logistics, "the cost of 20%-30%", but if not built, it is difficult to achieve the ideal "target rate index."

Because the indicator is raised, it is sometimes stuck in the words of a courier: The attentive courier can use, for example, "This pair of shoes is quite good, quite appropriate for your" similar words to achieve a single business; on the contrary, a cold attitude of the courier will also destroy a single business, because if the rejection can not be resolved in time, will let the electrical business enterprise "due rate" Indicators are very hurt.

At present, the only product will be in Shanghai pilot Self Courier. "This is a cumulative experience for applying for a licence." "Tang Tanji said, its own express can increase the rate of the delivery, but also can deliver the speed of more than half a day.

But in the only goods will, its own courier is still a minority, its daily orders more than 70,000 of the majority is still through the landing, EMS and Shun Fung, FedEx to complete. Among them, the network of EMS is most accessible; Shun Fung in the service more word-of-mouth, landing with a certain advantage in cost, this is a similar to the tour guide industry "to accompany" role, each landing with only responsible for the local market, trunk transport by the only product will choose the third party logistics and docking. As for "four to one Tatsu", because they do not support the collection of money business, only the goods will not need cash transactions in the group buying business only product group on its cooperation.

Tang Tanji said that although its own courier in the improvement of the user experience has a clear advantage, but given the higher than the third party Express 20%-30% costs, only the goods will temporarily not be from Shanghai to the national copy of the plan. However, wait and see at the same time, only the goods will warehouse self-built has been jianzaixianshang.

"In East China, we have bought plots, immediately to build their own warehousing, North China and the South West District has also been planned for self-built." Tang Tanji to reporters that in the E-commerce logistics system, warehousing is the last link in the Courier, and this link cost account has another algorithm.

Only products in Guangdong Nanhai, Kunshan, Sichuan, Chengdu, Beijing and other four cities have built logistics centers, covering South China, east, southwest and North China market. In the above four logistics centers, the area of South China Logistics Center is 40,000 square meters, the other three are 24,000 square meters.

Tang Tanji to reporters that at present more than 110,000 square meters of storage are rented, the market is: every day per square metre price of 0.8-0.9 yuan.

"Investment construction costs are almost the same whether they are built or rented." "Tang Tanji said, whether it is built by the electricity, or by the GLP and other commercial real estate developers, the physical cost is not much different," the GLP is also looking for Chinese contractors to outsource.

The difference is in the way of amortization. In general, GLP and other regulations are in 10 years or so amortization, the resumption of investment, and in accordance with the relevant accounting standards, the electricity dealer's own storage amortization period of 30 years. In this way, reflected in the financial statements, the self-built model of fixed assets depreciation cost is much lower than the storage rent.

Tang Tanji said, according to the standard of modern warehouses, the cost of the self-built is 1700-2000 yuan/square meters, plus about 500 yuan/square meters of land costs (to 200,000 yuan/mu of premium as an example), the total cost of 2200-2500 yuan/square meters, "this price is probably equivalent to half of the rented storage.

Of course, this price does not take into account the cost of capital factors. Tang Tanji said that if this factor is taken into account, the cost of the self-built model is about 70%-80% of the leased warehouse, "so in the warehousing process, the power of the electric Chamber of Commerce tends to build."

The only thing that will build itself is obviously from the IPO financing. Only products will be contrarian landing in the United States NYSE, issued 11 million ads (US depository securities), to obtain 71.5 million U.S. dollars in the IPO net income. According to the results of the first quarter of 2012, the cash and cash equivalents were $98.47 million, up about 1 time times the 44.95 million US dollars in the previous quarter as at March 31.

"The boss of the Logistics Department under the task is: in the service of good customers under the premise of consideration of cost savings." Tang Tanji said that the potential for logistics costs is crucial to the profitability of the product.

As the largest business in South China, and most of the electrical business, the only product will also face a non-profit embarrassed. According to only the first quarter of this year's earnings, the period of its revenue year-on-year growth of 250.7%, to 101.3 million U.S. dollars, active customers for 1 million, quarterly orders for 3.1 million, but still face a net loss of 8.6 million dollars, net loss rate of 8.5%,NON-GAAP net loss rate of 6.4%.

Only the product will CEO Shenya repeatedly expressed the "to achieve profitability as soon as possible" the desire, the way is to increase revenue and expenditure. In the operating costs accounted for half of the logistics, is clearly the most important. In the first quarter of this year, the total operating costs of the goods will be 30.1 million U.S. dollars, including logistics costs of 16.9 million U.S. dollars, accounting for more than 50%.

"In the first quarter of this year, logistics costs accounted for the total revenue of the goods will be 16.7%, the last quarter was 18.6%, the same period was 20.9%, is declining." "This trend will continue," Tang Tanji said. According to industry insiders estimate, only this data to the end of this year is expected to control in about 13%, this province out of a few percentage points to only the overall profit of the goods will have a lot of imagination space.

Tang Tanji to this noncommittal, but stressed that only the goods will logistics potential at least in four areas to expand: First, the distribution mode optimization, that is, EMS, Shun Fung and other suppliers based on cost and service of the balance of choice; second, the scale effect; third, the cooperation with the landing to reduce costs; four, fine operation, Remove the invalid movement in the logistics process, for example, now the South China operations Center 40,000 square meters of warehousing by two warehouses, virtually increased the cost of transshipment, and this October, the two warehouses will be merged and expanded to 80,000 square meters.