- Oct 13, 2020
- Business Update
JD and A National Lab Launch China’s First Smart Supply Chain Index
by Ling Cao
JD.com’s Cloud & AI division and National Engineering Laboratory of Big Data Analysis And Technology Application under the Peking University launched China’s first smart supply chain index on October 10th, which assesses a region’s smart supply chain development and characteristics, in order to upgrade the supply chain to be more agile as a whole.
The index is calculated by comprehensive analysis covering the integrated supply chain process, including production, circulation, consumption, design, R&D, manufacturing, pricing, marketing, transaction, logistics and post-sale.
“The core value for the smart supply chain is in covering a product’s manufacturing to consumption, which forms a sustainable network that is highly agile, flexible and reliable,” said Xin Wang, GM for JD Cloud & AI’s cooperation department. “The index will drive enterprises to optimize their supply chain precisely, so as to maximize the value of the industrial chain.”
According to the index, China’s top three consumption provinces and regions are Guangdong, Hebei and Shandong; and the top three circulation provinces and regions are Guangdong, Beijing and Jiangsu.
Additionally, JD Cloud & AI and the lab from Peking University worked with 13 enterprises and institutions to jointly launch an innovative digital platform. The platform will support research on building a digital ecosystem, launch index and provide consultation services.
Dr. Pingwen Zhang, distinguished mathematics professor, academician of Chinese Academy of Sciences and Provost of Peking University said, “We are in a big data era, and we should take a digital ecosystem point of view to research social economy entities such as government, enterprises and individuals. By leveraging digital and smart technology, as well as information to connect, communicate and react, we can build a consistent social economy ecosystem.”