Senior researcher of Sinotrans & CSC and former general manager of operation management department of the group company professor Xiao Xing delivered a lecture on internet-enabled logistics in room 304 at 12:30 PM, Friday, March 12 upon the invitation of the School of Economics and Management. Professor Pu Wei and associate professor Li Weidong hosted this lecture, which was attended by more than 20 teachers with the School including Professor Rong Chaohe and Professor Zhao Jian.
 

Starting with the characteristics of internet and logistics, Professor Xiao Xing brought forward an approach to internet-enabled logistics. Professor Xiao believes internet has evolved from a tool, channel and infrastructure to an economic entity, giving rise to a new business ecology and a new business landscape, affecting and accelerating the processing of bringing traditional sectors online and giving birth to a new economic structure and a new internet-enabled economic entity. By citing the law of business innovation in the era of internet as proposed by Kevin Kelly, he believes that the commercial application of internet technology has resulted in the changes of business operation techniques and the innovation of business model. The internet mindset characterized by openness, cooperation and sharing will inevitably restructure the economic hierarchy. As the most important economic activity of human life and production, the logistics industry will face the greatest opportunity of transformation and upgrading using the internet technology and new business ecology models. Professor Xiao noted that the key to bringing logistics industry online is the socialization of logistics resources, process-based standardization of logistics marketing, operations and management and construction of a logistics industry ecosystem using internet mindset. Given the small-sized, disorder and fragmented logistics and freight market in China, Professor Xiao believes that LNG drop-and-pull transportation process will become a dominant process in Chinaos freight sector. He emphasized the possibility of building LNG drop-and-pull transportation platform based on internet model, i.e., building a LNG drop-and-pull transportation ecosystem by integrating existing logistics resources including drivers, fleets, logistics companies and logistics parks and by working with financial capital, industry investment and gas companies.