SF adjusts the organizational structure of supply chain business: set up a supply chain operation center, and integrate the warehouse allocation department.
According to the news on the evening of September 15, Sina Technology learned exclusively from people familiar with the matter that a few days ago, SF adjusted the organizational structure related to the supply chain business, upgrading the O-line supply chain Operations Department to the supply chain Operations Center and integrating the Warehouse allocation Division.
According to people familiar with the matter, the supply chain operation belongs to the headquarters of SF Group, while the warehouse allocation division belongs to the Express Group. After the completion of the structural adjustment, the relevant organizational functions of the latter will be transferred from the express group to the internal functions of the group headquarters.
Public data show that Shunfeng Warehouse Distribution Division mainly meets the needs of domestic and foreign B2C and B2B customers, providing express delivery, warehousing and distribution, supply chain integration solutions and related value-added services.
A SF insider said that this structural adjustment is mainly due to the need for the company to reduce costs and increase efficiency, and employees with repeated functions may face layoffs or job transfers after the merger. "Warehouse allocation itself is part of the supply chain, equivalent to merging similar items." The person also mentioned that the cost of building new warehouses is very high, so merging the warehousing business could lower the gross profit margin of the supply chain business.
Since 2018, SF has made great efforts to develop its supply chain business, and has successively invested and acquired companies such as Xia Hui in the United States and DHL in Germany. In 2019, as the main business, supply chain business was written into SF Financial report for the first time.
In 2021, the scale of SF supply chain and international business expanded rapidly, achieving tax-free operating income of 39.2 billion yuan, an increase of 199.8% over the same period last year. The division's tax-free operating income in the first half of 2022 was 46.53 billion yuan, an increase of 442.7% over the same period last year, and net profit was 1.69 billion yuan, an increase of 2661% over the same period last year.
At the annual general meeting of shareholders in 2021, SF put forward the strategic goal of becoming a global smart supply chain leader in 2025 and building a digitally driven global smart supply chain chassis.
