Oct 30, 2023|
Elevating Logistics: JD Logistics’ U.S. Warehouses Leverage Digital Twin Technology
As the festive season looms, marked by iconic sales events like Black Friday and Cyber Monday, businesses are gearing up for a surge in order volume. To efficiently handle the anticipated demand, JD Logistics is replicating elements of its world-class logistics operation in China and bringing those capabilities to address supply chain challenges in North America. Central to this strategy is the adoption digital twin technology in its U.S. warehouses.
What Is Digital Twin Technology?
Simply put, digital twin technologies offer a dynamic mirror of a physical environment, allowing businesses to simulate real situations. Whether it’s forecasting order volumes, refining algorithms, or making savvy business decisions, these digital replicas are game changers.
JD Logistics has harnessed this innovation to simulate the fulfillment process of millions of parcels within minutes. This technology becomes indispensable during high-demand periods, aiding logistics managers in orchestrating the perfect ballet of employees, devices, and vehicles.
Plus, it can even predict potential hiccups like inventory backlogs, ensuring that brands and merchants remain cost-efficient. A testament to its effectiveness, our data reveals an accuracy rate of over 90% in simulation forecasts.
A Track Record of Excellence
By embedding digital twin technology into our operations, we are gearing up to offer an even more adaptive, reliable, and smart supply chain solution for our clients.
“Advanced technology is reshaping the global business scene, heralding an era marked by efficiency and convenience,” said Tian He, CTO of JD Logistics (including North America). “Digital twin technology stands at the forefront of this change, offering shrewd strategic insights to boost operational prowess in logistics. At JD Logistics, our vision is clear — we’re committed to continually enhancing the logistics experience by delving deeper into groundbreaking technologies like AI, machine learning, and robotics.”
JD Logistics operates multiple state-of-the-art automated warehouses in the U.S., with digital twin technology acting as the catalyst for boosting efficiency. Our clients can look forward to quicker, greener, and more cost-effective solutions. And the innovation doesn’t stop there. Soon, we’ll be rolling out intelligent sorting robots to our U.S. warehouses, boasting a near-perfect sorting accuracy rate of 99.99%.
Apr 25, 2024|
JD Logistics and MINISO Announce Expanded Partnership to Enhance Logistics Efficiency
JD Logistics (also known as JINGDONG Logistics), a leading global logistics provider, recently announced the expansion of its partnership with MINISO, the renowned household and consumer goods retailer. This collaboration, which began in 2022 with operations in Australia, now extends to MINISO’s network in Malaysia.
JD Logistics’ robust global supply chain infrastructure includes nearly 90 bonded, direct mail, and overseas warehouses across key markets such as the United States, Germany, the Netherlands, France, the United Kingdom, Australia, the Middle East, and Southeast Asia. Committed to replicating its proven supply chain management expertise from China in international markets, JD Logistics provides extensive support to a broad spectrum of clients, including international enterprises and Chinese brands expanding overseas.
MINISO’s diverse product range and rapid restocking requirements, combined with its strategic store locations in bustling commercial areas, present unique logistical challenges. These include critical delivery lead times and the need for off-hours operations to ensure uninterrupted customer experiences. JD Logistics has effectively met these demands through reliable and adaptable warehousing and fulfillment service solutions.
Notably, the trust built with MINISO has led some store managers to entrust their store keys to JD Logistics’ drivers to facilitate smooth and timely deliveries. Among them is JD Logistics driver Nick Yang, responsible for delivering goods to all MINISO stores in Sydney. Yang’s daily schedule involves commuting between JD Logistics’ warehouse and approximately 10 MINISO outlets throughout the city.
Over the next three years, JD Logistics will continue to develop its comprehensive global supply chain logistics network, which integrates overseas warehouses, international transshipment hubs, local distribution networks, and transnational transportation networks.
This partnership is not only a testament to JD Logistics’ proven expertise and global operational capabilities but also underscores the commitment of both companies to foster innovation in supply chain management for retail operations worldwide.
Apr 18, 2024|
JD.com Awarded 2024 INFORMS Prize for Excellence in Operations Research and Analytics
JD.com is honored to announce that it has been awarded the 2024 INFORMS Prize. This recognition makes JD.com the first Asia-based enterprise to receive the award, highlighting its pioneering use of advanced analytics and operations research/management sciences (OR/MS) within its business operations.
The INFORMS Prize is awarded an organization that has repeatedly applied the principles of advanced analytics and OR/MS in pioneering, varied, novel, and lasting ways. Previous recipients include Walmart, Wayfair, Amazon, UPS, Booz Allen Hamilton, BNSF Railway, Walt Disney Company, U.S. Air Force, General Motors, Intel, HP, IBM, Ford, Procter & Gamble and GE Research.
Speaking on behalf of the selection committee, Mehmet Gumus, 2024 INFORMS Prize committee chair, remarked: “JD.com is showcasing data science as a source of business success and a necessary element to achieve customer satisfaction with continuous and dedicated practice. JD.com is truly deserving of this prestigious prize, and the entire O.R. and analytics community joins INFORMS in thanking them for their priceless contributions to the field and the business world.”
JD.com’s commitment to enhancing operational efficiency and customer service through OR/MS has been integral to its success. The company has developed an independently managed intelligent supply chain system that utilizes cutting-edge operations research algorithms to optimize warehouse management and logistics operations. This includes the operation of hundreds of intelligent warehouses and dozens of “Asia No. 1” intelligent logistics parks.
“We are honored to accept the INFORMS Prize and will continue to be steadfast in our dedication to leveraging the transformative potential of operations research,” said Sandy Xu, CEO of JD.com. “Our company’s supply chain not only aims to lead the industry, but also enhance the efficiency and well-being of our entire ecosystem.”
By the end of the fourth quarter of 2023, JD’s supply chain infrastructure assets had grown to RMB 153.8 billion, an increase of 16% year-on-year. Managing over 10 million self-operated SKUs, JD has achieved a global leading average inventory turnover of 30.3 days. This operational prowess enables JD to fulfill 95% of retail orders within 24 hours, significantly enhancing customer satisfaction and setting new standards in the industry.
JD.com Shatters Sales Records with Kick Off of 2023 Singles’ Day Grand Promotion
