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How National Cotton Resource Monitoring System will benefit the cotton sector

How National Cotton Resource Monitoring System will benefit the cotton sector. NCMMS/CNCIC/CNCotton Sept.2014. Outdated thinking and new setup. China is facing a conflict between old thinking and new setup. Old thinking—to earn profit from policy and authority, which is deeply rooted.

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How National Cotton Resource Monitoring System will benefit the cotton sector

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  1. How National Cotton Resource Monitoring System will benefit the cotton sector NCMMS/CNCIC/CNCotton Sept.2014

  2. Outdated thinking and new setup • China is facing a conflict between old thinking and new setup. • Old thinking—to earn profit from policy and authority, which is deeply rooted. • New setup—to create wealth instead of allocating wealth, with a trust in rules, laws and the masses, which is a general trend.

  3. To share the platform with the industry so as to create wealth for the cotton sector

  4. What is “the O2O public platform for China’s cotton”? • O2O（Online to Offline): From accurate online matching for buyers and sellers to self-motivated offline dealings. • “Public”：menu-styled customization of company page • Focus on cotton: A successful application of Internet thinking in cotton sector. • China：

  5. Main functions: • Self-service building of company’s O2O platform • Powerful searching • Accurate information matching and recommended dealings • Build your own circle to support your business • Powerful mobile application, 24 hour on-line • Credit assessment from customer • Timely response to any requirements, including purchasing/selling, logistics and financing

  6. How the 6 types of firms will support their business by using the system

  7. Cotton enterprises • Company page discovers customers • Changeable available resource based on sales strategy • Invite close customers to join your own circle and conclude various business with multiple-circles • Mobile application enables business talks anytime, anywhere • Follow potential customers for more business

  8. Textile mills • Quickly search cotton resource anytime, anywhere • Check available resource that meets the demand of orders, including key quality index, origin, ginner, location and owner. • Follow selected cotton supplier and batch • Selective and well-directed offline talks to save time and other cost • Conclude business offline freely • Ask for on-line assistance for purchase, checking goods, customized logistics and pledging

  9. Physical market • Create market page for greater influence • The owner can choose whether to sell in physical market or not. • Display cotton resource in the homepage • Include the available source in the gross supply, easy searching

  10. Cotton futures market • Warehouse receipt included in total supply • The owner of the warehouse receipt publishes detail information of the stock • Checking warehouse receipt to decide whether to trade in futures or not • Enables all parties to secure the desired cotton and assist the shorts for EFP business

  11. Warehouse enterprises • Create warehouse page for a greater influence • Available stocks can be listed for sale by the owner • An on-line warehouse that is easy for searching, seeing, sampling and sales • Publish remaining warehouse capacity • Follow the “labeled” (target) cotton enterprises for potential warehousing service

  12. Transportation enterprise • Create homepage for greater influence • Publish traffic capacity resource • Pay attention to the demand of customer and get business done offline

  13. Cotton financing, integrated logistics and consulting firms • The platform will select outstanding firms to build a professional team • For agent service, the platform will offer one-for-one service to meet personalized demand • Strict managing and assessment to ensure the quality of service

  14. What do you need to do? • Become registered member in free-trial period • Create homepage and initialize your on-line business to build your own circle • Cotton seller: Publish the details of cotton resource that is to be sold • Textile mills: Pay close attention to available cotton resources and searching for the goods that meet your demand • Forward your comments and requirement anytime • Participation

  15. How to make sure that the platform has enough cotton resource • Enterprises monitored by NCMMS • Other close-related enterprises • Growing number of other resource enterprises

  16. How to make sure that you have enough customers to choose from the platform • All eight types of enterprises are customers for each other • CNCotton’s textile firms • Promotional campaigns for textile mills • Sincerity

  17. How to avoid quality problem? • Strict qualification process • NCMMS enterprises: Details of enterprise information to be reviewed and traceable • Credit assessment against each other • Credibility of improving quality terms • Credible official inspection in market mechanism, a third-party evaluation • Perfecting the system of trade guaranteeand dispute settlement

  18. The unique advantage of CNCRC and NCMMS will allow us to gather the industry members • Your common view and participation will enable us to turn the new system into a world-class third party cotton e-commerce service platform

  19. National Cotton Resource Monitoring System——The platform and stage for all

  20. VALUE FUTURE • CNCIC • NCMMS • CNCotton

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