Topic Thread

Global Optimization Challenge

  • 1.  Global Optimization Challenge

    Posted 06-11-2018 14:17

    To promote innovation in logistics management, supply chain technology, and operational optimization, China's largest retailer, JD.com will host the Global Optimization Challenge (GOC) on May 28 with its many partners, including Production and Operations Management Society (POMS), Tsinghua University, Georgia Tech's Supply Chain and Logistics Institute.

     

    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 totalled at 25K USD, but also a potential career opportunity in JD.com.

     

    There are two competition tracks in GOC:

    • Urban Truck Routing and Scheduling:  This task is focused 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: This problem focuses on optimizing the transfer of inventory from its origin to JD's Regional Distribution Centers to deliver goods to customers as quickly as possible. The objective is to optimize replenishment and transhipment decisions to minimize total inventory costs.

     

    The first round of the GOC commence on May 28th,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

     

     

    Join the Challenge!

     

    On May 28, China's largest retailer, JD.com will host 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. We want you to join us in our quest to create and implement the world's most innovative smart supply chain solutions!

     

     

    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.

     

     

    Competition Tracks

     

    The 2018 GOC has two competition tracks:

     

     Urban Truck Routing and Scheduling

    This task is focused 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

    This problem 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.

     

     

    Timeline

     

    The first round of the GOC will kick off this May. The second round of the competition will begin in July. The team leaderboard will be updated every day.

     May 28th: Registration

     May – July: First-round Competition

     July – September: Second-round Competition

     September: Presentation and Defense

     

     

    Prizes

     

    We will provide the following prizes:

     

    USD 250,000

    Total Prize

    Certificate

    Recommendation Letters

     

     

     

    Direct interview

    Job interview opportunities with JD.com

    Trainings

    Access to JD trainings on smart supply chain management

    Exchange

    In-person meetings with JD executives and industry experts

     

     

    Hosts

     

     About JD Logistics

    JD Logistics, a business group under JD.com, leverages the company's advanced technology and logistics expertise to provide smart supply chain and logistics services to businesses across a wide range of industries. JD.com is the only e-commerce platform in the world to provide small-to-medium sized warehousing, oversized warehousing, cross border, cold chain delivery, frozen and chilled warehousing facilities, B2B and crowdsourcing logistics.

     

     About JD Y

    JD.com's Y Business Unit was established to research and develop innovative smart supply chain technologies. By employing cutting edge technologies such as data mining, artificial intelligence, blockchain and Internet of Things, JD Y aims to develop smart supply chain solutions and services that enable JD and its partners to maximize operational efficiency.

     

    Official competition platform: JDATA
    Technical Support: JD Optimization Platform, JDOS
    JD Logistics: www.jdwl.com
    JD Optimization Platform: weaver.jd.com
    Contact us: goc@jd.com

     

    PC registration: https://jdata.joybuy.com/en/


     

    Join Competition

     



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    Zuo-Jun Shen
    Professor
    University of California Berkeley
    Berkeley CA
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