New Manufacturing is another milestone in Alibaba’s “Five New” strategy implementation
Alibaba Group has revealed New Manufacturing pilot with the introduction of Xunxi Digital Factory, powered by its cloud computing infrastructure and IoT.
The factory is able to produce small-batch orders at reasonable costs and with shorter delivery times. Consequently, it is increasing manufacturing efficiency from 25% to an average of 55%.
It provides SMEs with a digitalized end-to-end manufacturing supply chain that allows for fully-customized, demand-driven production.
This way, small businesses get the ability to benefit from the digitalization of China’s over $4 trillion manufacturing market.
We’ve reported that Alibaba and Total (China) Investment have signed a Memorandum of Understanding. They aim to pursue strategic collaboration and drive the digital transformation of the company’s operations in China.