Research on digital Transformation Strategy of China’s Retail Industry based on new retail mode
Following decades of rapid expansion, China's retail industry has emerged as a prominent player in global commerce.However, the competition within the retail sector is intensifying. Chinese retail enterprises are now restructuring their businessprocesses with digitalization as the central driving force, upgrading the production, distribution and sales of goods, and deeplyintegrating online services, offline experiences and modern logistics to establish a new retail model. This paper focuses onanalyzing the challenges present in the digital transformation of retail enterprises based on the new retail model and currentstatus of digital transformation in Chinese retail enterprises. It also proposes a strategic model for the digital transformation ofthese enterprises. Ultimately, this strategy involves establishing a consumer-centric data analysis system, reengineeringbusiness processes based on data flow and reorganizing organizational structures while building an intelligent collaborativedigital open platform for internal and external resources to achieve successful digital transformation.
Authors
- Xiaoling Yang
- Mohd Rahimie Abd Karim
- Berhanundin Abdullah
Publication Details
- Journal
- Journal of BIMP-EAGA Regional Development
- Published
- 2024-12-29
- DOI
- https://doi.org/10.51200/jberd.v10i1.5894
- Primary Topic
- E-commerce and Technology Innovations
- Type
- article
- Field-Weighted Citation Impact
- 0.00