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While traditional bookstores around the world are currently facing challenges as a result of declining sales and traffic, bookstores in China are experiencing a revival, which is credited to one of the biggest e-commerce platform in the country, JD.com. The platform has its own online book venture, but they are also providing help to 49 bookstores as far as logistics, book procurement, as well as technology. Providing solutions to book stores around China is part of JD.com’s strategy entitled “Retail as a Service”, under which they provide various services and necessary technology to companies from different industries.

The founder of Tangning Bookstore, Ningxin Lu talked about the partnership between JD.com and Tangning, stating that without the help of their technology as well as supply chain expertise, Tangning business would not have competitive advantage as far as the traditional mode is concerned. One significant partnership that resulted from the RaaS strategy has been between JD.com and Tangning Books. The two companies partnered in May of 2017, and they sourced all the books using JD’s inventory, and using the e-commerce platform’s in-house logistics ended up saving costs and also cutting on delivery delays.

As a result of the partnership, Tangning experienced an increase in sales of 30% from May to the end of the year, and its profits also increased by 17% over that period. Tangning Books was also able to reduce turnover from one year to 220 days, and having access to JD.com’s data analysis capabilities, Tangning now has insight about buying behaviors, and they are able to choose book assortments that are tailored to the company’s customer base, which in turn leads to more sales. While offline book stores have to deal with the fact that they can not stock every book that their customers might as for due to the limited space they have available, Tangning Books can now let customers scan QR codes for every book that they can not find in store, and they can get it delivered within 24h from the inventory of JD.com instead. This allows both companies to work together in order to create an endless aisle when it comes to the choices they offer their customers.

Stream Energy is energy, home, and protective service as well as a wireless service provider company based in Dallas, Texas. The company was established in the year 2005 by two businessmen by the named Rob Snyder and Pierre Koshakji who saw an opportunity at a time when there was a deregulation in the electricity market in the Texas State. The company is managed by Larry Mondry who serves as its Chief Executive Officer and is in charge of more than two hundred employees that Stream Energy employs. Over the years, the company has grown from a local [provider of electricity and the aforementioned services into the national provider, operating in Washington D.C, New York, Maryland, New Jersey, Pennsylvania, Maryland, and Illinois as well. As a national service provider, the company uses a multi-level marketing channel for its sales purposes. One of the reasons Stream Energy has been able to keep growing and maintain a loyal clientele over the years is because the company has proven to be more than a service provider. The company has taken up philanthropy as a culture and is praised by many for this reason.

Stream Energy’s Stream Cares Foundation

Stream Cares Foundation is a part of Stream Energy that solely endeavors to give back to the society in more than one way. The company, through its employees and team of associates, is constantly looking into new ways to help the community in Texas and beyond. Some of the associates that Stream Cares Foundation works with are the Red Cross, the HABITAT foundation, the Hope Supply Corporation and many more. By working with these organizations, the company has been able to take part in missions like feeding the homeless, supplying the needy with food, food supplies, and medical supplies as well. The Foundation also works with HABITAT to find settlements for the homeless and victims of disasters.

When the Hurricane Harvey struck the Houston areas of Texas, Stream Cares Foundation was one of the first organizations to reach out to the victims and offer them assistance by giving those supplies and finding new settlements for those who lost their homes. They closely coordinated with the Red Cross.

https://www.glassdoor.com/Reviews/Stream-Reviews-E329218.htm