Pandaoo created a 0-stock B2C pattern

April 5, 2009 - PRLog -- It is reported that China's first online wholesale store WWW.PANDAOO.COM announced their new strategy of creating a direct sale B2C pattern with 0 stock..

WWW.PANDAOO.COM is a newly prosperous online wholesale store in China, which directly wholesales Chinese-made products around the globe. It has attracted a risk investment of 3 million dollars recently and is developing at an amazing speed as one of the major online B2C platforms for Chinese manufacturers. So far around 100,000 users have registered , Pandaoo.com announced their 0-stock strategy after receiving the capital injection.

The strategy includes: They do not purchase  or stock any products but wholesale made-in-China products directly around the globe. And Pandaoo.com accredits their quality supervisors in charge of the quality control for local suppliers, who are employed and get the training from Pandaoo.com. When there are orders, Pandaoo.com sends the orders to the local suppliers instantly through their supplier management system. And the products will be sent to the clients after being check by the quality supervisors. The supplier management system is directly connected to the stocks of its suppliers so the reserves of the suppliers can be reflected  clearly and live on Pandaoo.com

Currently most of the wholesale sites are adopting the method of stocking and checking the goods then making concentrated shipping . This pattern results in not only gigantic stocks of the sites and bad liquidity of their capital, but also that the suppliers have to make a predicted volume that may not be correspondent with the real sales. This undoubtedly causes delayed supply or excessive stocks. In order to avoid situations like this, the suppliers often wait until the shipping volume reaches a certain number, which usually leads to a 7-14 days' delivery delay that is unacceptable to the clients.

The new strategy of Pandaoo.com can ensure not only 0-stock but also high-quality goods, Pandaoo.com also conducts real-time statistic researches to speed up the delivery. One of the officials from Pandaoo.com said the system will reduce the delivery time by as many as 3- 5 days and enhance the profit margin.

As a newly established online Chinese products wholesaler, we are keeping our eyes wide for  the coming success of it, said the spokesman for Pandaoo.com, we will finish the whole project within 3 months to help Pandaoo.com become the No.1 of Chinese wholesale sites.

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