SCL Partners with JD.com to conduct Global Optimization Challenge

*********************************
There is now a CONTENT FREEZE for Mercury while we switch to a new platform. It began on Friday, March 10 at 6pm and will end on Wednesday, March 15 at noon. No new content can be created during this time, but all material in the system as of the beginning of the freeze will be migrated to the new platform, including users and groups. Functionally the new site is identical to the old one. webteam@gatech.edu
*********************************

Contact

info@scl.gatech.edu

Sidebar Content
No sidebar content submitted.
Summaries

Summary Sentence:

JD.COM hosting the world's first operations research and optimization competition focusing on smart logistics and smart supply chain - Global Optimization Challenge (GOC)

Full Summary:

To promote innovation in logistics management, supply chain technology, and operational optimization, China's largest retailer, JD.com is hosting the Global Optimization Challenge (GOC) with its many partners, including Production and Operations Management Society (POMS), Tsinghua University, and Georgia Tech's Supply Chain and Logistics Institute. The challenge takes place over multiple rounds and runs through September.

Media
  • SCL Partners with JD.com to conduct Global Optimization Challenge SCL Partners with JD.com to conduct Global Optimization Challenge
    (image/jpeg)

Join the Challenge!

On May 28, China’s largest retailer, JD.com kicked off the Global Optimization Challenge (GOC). This is a great opportunity to collaborate with partners from all over the world to develop innovative optimization technologies and smart supply chain solutions. The challenge runs through September.

Background

With the availability of an unprecedented amount of data, supply chain operations are required to become increasingly personalized, efficient and flexible. Data-driven decision making technology is enabling the development of innovative supply chain solutions. JD.com, China’s largest retailer, is launching the Global Optimization Challenge to connect business, technology and global industry talent to chart the future of smart supply chain development.

Today, customers are extremely sensitive to service quality. In order to achieve an unparalleled level of customer service, supply chains must be efficient, adaptable and agile. Engineers and researchers must develop solutions that can predict the sales accurately, place orders timely and correctly, and deliver goods to customers quickly and cost effectively.

As the world's first operations research and optimization competition focusing on smart logistics and smart supply chain, GOC has invited leading professors from Tsinghua University, MIT, Georgia Tech and UC Berkeley to provide input and serve as judges. Moreover, JD will provide numerous real data based on the company's unique full-scenarios, full-process operational experience. The outstanding contestants can earn not only from a grand award pool totalling 25K USD, but also a potential career opportunity in JD.com.

Competition Tracks

The 2018 GOC has two competition tracks:

  • Urban Truck Routing and Scheduling: Focuses on urban B2B delivery logistics. The objective is to optimize routing to minimize delivery costs subject to various constraints (e.g., vehicle capacity and delivery time).
     
  • Smart Inventory Control of Distribution Network: Focuses on optimizing the transfer of inventory from its origin to JD's Regional Distribution Centers to deliver goods to customers as fast as possible. The objective is to optimize replenishment and transshipment decisions to minimize total inventory costs.

The first round of the GOC commenced on May 28th, the second round of the competition will begin in July and the final defense will be held late September. This is a great opportunity to collaborate with partners from all over the world to develop innovative optimization technologies and smart supply chain solutions. We want you to join us in this quest to create and implement the world's most innovative smart supply chain solutions!
 
For registration and more details, please visit our official website: https://jdata.joybuy.com/en/.

If you have any questions, please email to us at goc@jd.com.
 

Additional Information

Groups

The Supply Chain and Logistics Institute (SCL), School of Industrial and Systems Engineering (ISYE)

Categories
Economic Development and Policy, Special Events and Guest Speakers, Student and Faculty, Student Research
Related Core Research Areas
Manufacturing, Trade, and Logistics
Newsroom Topics
No newsroom topics were selected.
Keywords
challenge, contest, Logistics, Supply Chain, Physical Internet Center
Status
  • Created By: Kori Thompson
  • Workflow Status: Published
  • Created On: Jun 13, 2018 - 12:39pm
  • Last Updated: Jun 15, 2018 - 9:56am