Jingdong announced the establishment of a specialized division to vigorously develop artificial intelligence

On November 25th, Jingdong Group announced today that it has officially established the Jingdong Y Business Unit. It is reported that the Y Business Unit will focus on the development of smart supply chain capabilities, and its core mission is to use artificial intelligence technology to drive retail innovation.

Recently, Jingdong Group CEO Liu Qiangdong publicly shared Jingdong’s strategic plan for the second 12 years, indicating that Jingdong will comprehensively move toward technicalization, vigorously develop artificial intelligence and robotic automation technology, and build the advantages of the past 12 years in a traditional way. Full upgrade.

Jingdong said that the Y division uses the sales forecasting platform created by artificial intelligence technology to refine the sales volume to each commodity unit, and helps Jingdong self-management personnel to formulate commodity sales strategies and stocking plans, and to purchase products that users want to buy. Send it to the nearest warehouse in advance. Around the supply chain artificial intelligence platform, Y Division continues to promote the application of intelligent inventory management, intelligent pricing, intelligent promotion and other modules in Jingdong self-operated retail management.

In addition, Jingdong Y Business Unit's Supply Chain Artificial Intelligence Innovation Center will focus on the application research and development and promotion of artificial intelligence in the retail field, and promote the revolutionary breakthrough of traditional retail to smart retail with artificial intelligence and big data technology as the core.

Yu Yongli, vice president of Jingdong Mall and head of Jingdong Y Division, said: Y Division will comprehensively develop the supply chain smart collaboration platform, open the artificial intelligence technology capability of Jingdong self-operated supply chain, and develop joint business plans and cooperation with suppliers. Forecasting and replenishing, reducing the overall cost of retailer flow, improving business efficiency, and ultimately creating convenience and benefits for consumers.

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