XCMG has confirmed purchasing intentions totaling USD 60 million with four notable global suppliers – Kawasaki, Linde Hydraulics, Danfoss and Daimler AG - at the 5th China International Import Expo (CIIE), taking place from November 5 to 10 in Shanghai. XCMG is purchasing hydraulic parts and components and chassis products from the partners, which will be used in its excavation, road and firefighting machinery equipment. Over the past four years, XCMG has accumulated purchasing intentions worth USD 249 million and accomplished a 114% actual completion rate.

As the global supply chain sees an increasing trend towards regionalization and localization while facing the challenges of increased resource supply guarantee risk, rising costs, and a lack of coordination, XCMG is committed to achieving mutual wins with global partners and constructing the foundations for sustainable development. XCMG is leveraging digital solutions to support logistics, especially during pandemic outbreaks. Its X-DSC system allows cloud integration with suppliers to share real-time production, inventory, logistics, and quality control data to help suppliers lower operational costs and improve efficiency.

Through its intelligent logistics information platform, XCMG has helped match suppliers with suitable transportation for their cargo. Additionally, XCMG has also utilized IoT technologies to help carriers and drivers plan efficient transportation routes.