Authoritative Report: China'S Enterprises' Digital Procurement Will Exceed Trillion Yuan In 2020

Recently, China Electronic Information Industry Development Research Institute and China International E-commerce Center Research Institute jointly released the development report of digital procurement of Chinese enterprises 2019 (hereinafter referred to as the report). According to the report, in 2019, the transaction volume of China's enterprise level e-commerce market is 20.46 trillion yuan, an increase of 1.5% over the previous year; among them, the scale of enterprise digital procurement market is 590 billion yuan, with a year-on-year growth rate of 64%, which has become a new driving force for the development of enterprise level e-commerce. The report predicts that in 2020, China's enterprises' digital procurement will maintain a rapid growth, and the transaction scale is expected to exceed trillion yuan.

In the past two years, the market penetration rate has doubled, and digital procurement has shifted from service chain to value chain

Compared with the traditional enterprise level e-commerce mode, digital procurement is driven by procurement and integrates the supply chain with digitalization to realize the whole process and whole chain digital closed-loop, which is more in line with the practical needs of the current enterprise digital transformation.

According to the report, in 2019, the growth rate of the overall transaction volume of the national enterprise e-commerce market decreased by 8.4 percentage points compared with that of the previous year, but the scale of enterprise digital procurement market remained at a high level, with a year-on-year increase of 64%. According to the report, in 2019, the penetration rate of digital procurement in the overall enterprise e-commerce market is 2.88%, 1.03 percentage points higher than that of the previous year, and it has doubled in two years.

The report points out that with the rapid development of new technologies such as big data, cloud computing, Internet of things, blockchain and artificial intelligence, the era of digital economy is speeding up, and enterprise procurement is expanding from simple online procurement behavior to procurement management, supply chain services and even whole industry chain services, and the procurement service chain dominated by whole process and whole chain digitization is moving to value chain Extension, enterprise e-commerce procurement accelerated into the digital procurement phase.

Digital procurement of industrial products has increased by more than 50%, and the digital economy has entered a new stage of industrial Internet

According to the report, in 2019, the amount of digital procurement transactions for consumer general-purpose products exceeded 220 billion yuan, accounting for nearly 40% of the total digital procurement market, which is the leading field of digital procurement. Among them, the digital procurement of MRO industrial products is growing rapidly, with an increase of more than 50%. The report points out that digital procurement is the mainstream purchasing and marketing mode of industrial products in the future. It will continue to trigger the comprehensive digital transformation of the supply side with transaction as the breakthrough point, and the e-commerce of industrial products ushers in a market blowout, marking the new stage of China's digital economy entering the industrial Internet.

In recent years, the field of digital procurement of enterprises in China has been expanding. The main body of procurement covers large and medium-sized enterprises, the procurement scene is more abundant, the trend of diversification and fragmentation of procurement demand is obvious, the sinking of procurement market is accelerating, and the process of enterprise digital procurement is accelerating. Digital procurement will revolutionize the enterprise procurement ecology in three to five years.

According to the comprehensive survey on the purchase volume of large e-commerce companies in Jingdong and Suning, 90% of them have completed the comprehensive survey. Among the three platforms, Jingdong's enterprise business has the highest market share, accounting for 52.3% of the total procurement sample; followed by Ali's enterprise procurement system, accounting for 30.1%; and Suning's major customers, accounting for 12.5%. Jingdong enterprise purchase is also the enterprise purchasing platform with the highest customer satisfaction.

This year, the market scale will exceed one trillion yuan, and the epidemic situation will accelerate the formation of digital supply chain

Looking forward to 2020, the report believes that the new crown pneumonia epidemic has accelerated the pace of digital transformation of enterprises, the demand side digitization has accelerated to expand to the supply side, and the driving mechanism of e-commerce has changed from channel driven to data-driven.

"The epidemic situation will cause all walks of life in the world to rethink and adjust the anti risk ability of the supply chain system. As the digital supply chain system promoted by digital procurement has more efficient response, more diversified composition and stronger toughness, the next stage of intelligent supply chain can realize seamless connection between supply and demand, forcing upstream enterprises in the industrial chain to accelerate digital transformation and promote traditional production From R & D and design, production and sales, procurement and distribution, logistics and distribution, the industry has accelerated the arrival of the digital era Li Mingtao, President of the Research Institute of China international e-commerce center, said.

According to the report, driven by major national projects such as the "new infrastructure" and the transformation and upgrading of enterprise operation mode, in 2020, the growth rate of China's enterprises' digital procurement will be higher than that of the previous year, and the transaction scale is expected to exceed trillion yuan, becoming the leader in promoting digital industrialization and industrial digitization.