Reinventing the Millennium

Fang Zhuo led Tesco's senior management team to inspect the warehouse construction work from south to north.

It is not only re-clarifying the status of warehousing and logistics, but also adjusting the management system of Tesco to further clarify the powers and responsibilities of different levels.

Tesco Mall, Tesco Logistics, Operations R\u0026D, and Functional Departments are the current first level of the company.

Tesco Mall consists of 5 departments, namely Home Appliances Division, 3C Division, Book Division, Clothing and Furniture Division, and Tesco Chain Division (formerly Dazhong Electrical Appliances).

E-Shopping Logistics is divided into 8 departments including Logistics Business Department, Warehouse Logistics Department, Operations Management Department, Large-Item Logistics Department, and Small-Item Logistics Department. It is further divided into East China and North China based on 7 first-level warehousing centers that have been completed or are under construction. , South China and other 7 regions.

Operation R\u0026D has five departments including marketing R\u0026D, user experience, and functional R\u0026D. The functional departments are the conventional human resources department, administration department, finance department, legal department, etc.

Currently, the president of Tesco is Su Wei. Her power radiates to the entire company, but her main focus is on being responsible for the Tesco mall.

The person in charge of Yigou Logistics is Sun Qi, the vice president who was transferred from Yike Supply Chain, and is in charge of logistics affairs. Dong Xueyou, the director, was promoted from the acquired Huashen Logistics and is mainly responsible for the large/small logistics department. Director Liu Qiangdong focuses on warehousing construction and is in charge of the logistics business department and warehousing and logistics department.

Operational R\u0026D and functional departments have not changed much in this round of adjustments, but require continuous recruitment.

Tesco's booth is relatively large, and the real running of its various gears depends on the traffic conversion results brought about by marketing and promotional activities in the second half of the year, and then continue to adjust the organizational structure suitable for rapid development.

What Fang Zhuo hopes is that Tesco can not only occupy a place in e-commerce, but also truly have excellent competitiveness to rival Alibaba.

On August 27, we traveled from Kunshan and Mayong to Rongcheng, Jiangcheng, and then to Chang'an, then turned a corner and headed to Fengtian, finally arriving in Beijing, the final destination of this inspection trip.

Before anyone arrived, the Rolls-Royce given by a friend was transported from Shanghai to the hotel where we were staying.

When Fang Zhuo saw it, he thought it was Zhang Chaoyang who bought another car and came to greet him.

"In general, this trip has its good and bad points. The progress is not as good as expected. Let's follow up. We are looking at warehousing and logistics together. Some places are high and some are low."

"I believe everyone can see it. This is something we need to learn from."

"The company will also carry out job rotation at the appropriate time, hoping to make the bad ones better and the good ones better."

Fang Zhuo held a small meeting in the hotel to briefly summarize the situation of this trip.

In fact, his trip was relatively low-key, so he got rid of a lot of social activities and was able to have time to discuss the company's construction and development with everyone every day.

At 9:30 in the evening, the tense nerves that had been in the company's affairs finally relaxed.

While Fang Zhuo was thinking about going offline to see the situation tomorrow accompanied by Zhang Dazhong, he was also thinking about the people he wanted to meet during this trip to the capital.

As this month progresses, what I originally suspected has become clearer.

ICBC and the Goldman Sachs consortium signed a memorandum of understanding in August to consider completing cooperation in capital investment before ICBC goes public.

The contacts and memorandums between the two parties were handled in a very low-key manner, but news of the scale of ICBC could not help spreading. Fang Zhuo considered the invitation from ICBC in Beijing and asked for more information.

Goldman Sachs not only invested in itself this time, but also joined forces with Allianz Group and American Express to acquire a 10% stake in ICBC for US$3.7 billion.

Goldman Sachs and its funds are the main source of funding, contributing US$2.5 billion.

Allianz Group, the largest insurance company in Germany and Europe, contributed US$1 billion, while American Express contributed US$200 million.

The background of this cooperation is that several major domestic banks are seeking to go public.

Another news worthy of attention is the Royal Bank of Scotland's investment in Bank of China. In order to raise funds, the former brought in Merrill Lynch and Lijiacheng Fund. This caused some criticism within the Bank of China about the cooperation between the two parties, because the Royal Bank of Scotland planned to cooperate. Banks, Merrill Lynch and Lee Funds do not work directly together, the two work with Scotland.

Fang Zhuo thought about it over and over, and found that the head of ICBC in the capital area could only find him because of these things.

After browsing through the financial materials and news again, Fang Zhuo called Lin Cheng, intending to give him a job assignment when the inspection was about to end.

Although the time is less than a month, it is considered an excessive amount of flexibility. I hope to see his name appear in work reports in the future.

At ten o'clock in the evening, Lin Cheng had just walked into the room when Zhang Sohu, a local tycoon in the capital, called.

"Why don't you say hello to Mr. Fang when he comes to the capital and go out to drink?" I don't know when it started, but the background sound on Zhang Chaoyang's phone seemed to be noisy.

"How did Mr. Zhang know that I was in the capital?" Fang Zhuo was a little surprised.

"Listen to what my friends say." Zhang Chaoyang said nonchalantly.

Fang Zhuo thought that he had kept a low profile recently, but he didn't expect that when he arrived in the capital, a wealthy man would reveal his whereabouts. He smiled and said, "I still have official business. Oh, yes, I also asked you to transport your car from Shanghai. You can come back later." Let someone drive it back, you're just kidding, how can I really want your car? A gentleman won't take someone's love."

Zhang Chaoyang was overjoyed when he heard this. That is Rolls-Royce, that is his partner, and that is his favorite car.

He said politely: "I gave you away, what do you mean when you come back?"

Fang Zhuo thought: "Yes, a gentleman has the beauty of an adult. If Mr. Zhang is so sober now, then I will thank you."

Zhang Chaoyang was stunned, a gentleman, a gentleman is poor.

He was silent for three seconds and then said, "Come out and drink."

"No, I have something to do tomorrow. I'll treat you to a drink when I'm done." Fang Zhuo made an appointment for another time, "I'll call Wang Yan out then."

Zhang Chaoyang didn't insist anymore. He was more casual when doing activities at night.

Fang Zhuo hung up the phone and just said a few words to Lin Cheng when another call came in. This time it was Yao Ming who had returned to China to prepare for the Men's Basketball Asian Championship.

The other party called me to invite me to record a basketball talk show on CCTV.

Fang Zhuo calculated the time, agreed, and then wondered: "How did you know I was in the capital?"

"My friend said it," Yao Ming replied.

Fang Zhuo ended the call this time, thinking that even another unexpected call would be acceptable.

Sure enough, as if everyone knew his whereabouts clearly, Xiong Xiaoge from IDG called in.

Fang Zhuo asked before the other party could speak: "Old Xiong, how did you know I was in the capital?"

"I heard what others said, don't you want to join forces and kill all Gome? Everyone is waiting to see the result, to see if the old, weak, sick and disabled in Gome can keep the foundation." Xiong Xiaoge said lightly.

"I sound like a bad person." Fang Zhuo was helpless.

"I don't know." Xiong Xiaoge is not used to evaluating things that don't exist. "Just in case you come to Beijing, I will urge Quora to launch in China."

"When I finish arranging everything, I'll make an appointment with my friends for a dinner." Fang Zhuo has already felt everyone's attention and enthusiasm, and he can't turn a blind eye.

Xiong Xiaoge said: "Okay, then I will bring two more projects to find funds to see if I can get some money from Mr. Fang's pocket."

Fang Zhuo put down his cell phone and thought thoughtfully. He was already very low-key, so what kind of friends were paying attention to him?