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CEDEX was authorized by Odette as MMOG service supporter in China

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CEDEX was officially authorized by Odette international as the supportive organization of MMOG for Chinese market. CEDEX will provide services for MMOG.np sales services and invoicing business services in China. The service also includes account registration, technical training, after-sales service, business support, local customer service, etc.

CEDEX will do our best to provide quality service to our customers.

To get more information from Odette international, please check: https://www.odette.org/mmog/information#mmog-np

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Foton Motor has become the pilot enterprise for the national electronic invoices reformation

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In March 2020, the Accounting Department of the Ministry of Finance issued the “Notice on Regulating Electronic Accounting Vouchers Reimbursement and Filing”, which stipulates that various legal and true accounting vouchers accepted in electronic forms such as electronic invoices and electronic bills shall have the same legal validity.

In May this year, the Ministry of Commerce and Finance, the Ministry of Commerce, and the relevant departments of the State Administration of Taxation decided to include Foton Motor Co., Ltd. as a pilot enterprise for electronic reimbursement and filing of electronic invoices. CEDEX will assist Foton Motor Co., Ltd. in completing the pilot tasks, which includes: conducting the electronic reimbursement of electronic invoices and accounting; conducting the pilot work of electronic invoice filing; summarizing and promoting the experience and practices of electronic invoice file management.

On the existing supply chain EDI platform, CEDEX will expand the automated services for electronic invoicing, inspection, and deductions, and is connected to the tax department system to implement the entire process of electronic invoicing.

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CEDEX VMR Cloud Service was officially launched for IKEA

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In March 2020, the project of CEDEX digital supply chain VMR (Vendor Managed Replenishment) cloud service platform was officially launched for IKEA. This project aims to provide VMR cloud services for IKEA’s 276 retail stores worldwide and more than 200 domestic furniture manufacturing suppliers nationwide. The VMR cloud service follows EDI international standards and s Internet-based OFTP2 protocol to ensure supply the data quality among IKEA and its suppliers. Therefore, a safe and standardized information collaboration channel is established between IKEA and the information systems of various suppliers.

The first supplier comes on board is UE Furniture Co., Ltd. UE Furniture Co., Ltd. was established in 2001. The head office is located in Anji, Zhejiang Province. The company is also a long-term supplier of chair furniture with IKEA. The company has a registered capital of 253 million RMB, more than 3,000 employees, and three major factories. UE Furniture is a pilot enterprise and in Zhejiang Province.

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Volvo sales in Chinese market increased in April 2020

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Volvo Cars sold 31,760 cars in April, down 43.8 percent compared with the same month last year, according to the company’s press release on Tuesday. In the January to April period, Volvo Cars’ global sales reached 163,649 cars, down 24.9 percent compared with the same period last year.

With the effective management of public health, China gradually recovers the economy from the pandemic. The sales in April reached 14,724 cars, up 20.8 percent as compared with the same month last year. Among all, model XC60 is the most popular car on the market. The XC60 sales record of April 2020 has increased by 22% compares to last year. More than half of the retailers nationwide are now facing the situation of out of stock. Meanwhile, CEDEX is helping Volvo and the suppliers to get the logistic read to ensure the production and the demands of customers home and abroad.