Core Viewpoint - JD Industrial is positioned as a "digital and intelligent infrastructure builder" in the industrial supply chain, aiming to standardize product definitions and enhance supply chain efficiency to address the challenges of a fragmented and opaque industrial supply chain [1][10]. Group 1: Industry Challenges - The industrial procurement process faces issues such as "one item, multiple codes" and "parameter confusion," leading to difficulties in product selection and quality traceability [1]. - Traditional procurement methods result in inefficiencies, with procurement cycles extended due to mismatched parameters and "data silos" causing inventory redundancy [4][8]. Group 2: JD Industrial's Solutions - JD Industrial collaborates with leading companies like Delixi Electric to create a standardized database that clarifies product categories and parameters, significantly improving procurement efficiency [4][5]. - The partnership has led to the standardization of 57,000 products under Delixi Electric, enhancing internal efficiency and reducing operational costs [5][11]. Group 3: Digital Transformation and Supply Chain Integration - JD Industrial's digital supply chain infrastructure encompasses fulfillment, operations, products, and procurement, aiming to minimize fulfillment costs and enhance customer experience [10]. - The collaboration has resulted in a fourfold increase in self-operated warehousing, with significant improvements in order accuracy and fulfillment rates [10]. Group 4: Future Prospects and Goals - The ultimate goal is to unify inventory management across suppliers and customers through AI optimization, thereby increasing inventory utilization and reducing the need for multiple stock preparations [14]. - JD Industrial aims to build a "super supply chain" that integrates standardized data flow and intelligent decision-making, enhancing overall supply chain efficiency [14][15].

Core Viewpoint - The conference on "Green Leading Smart Empowerment to Build a New Ecosystem for Supply Chain" highlighted the importance of green and smart supply chain management in the electricity sector, emphasizing the need for collaboration among state-owned enterprises and leading private companies to address challenges and seize opportunities in supply chain development [1][2]. Group 1: Industry Overview - The electricity sector is recognized as a crucial pillar of the national economy, with its supply chain being complex and strategically significant, necessitating a transition to digital, intelligent, and green supply chains [2]. - The supply chain in the electricity industry is facing challenges such as long chain links, data silos, complex demands, and regulatory difficulties, which have directed focus towards compliance, cost reduction, efficiency enhancement, and supply assurance [2][3]. Group 2: Company Initiatives - JD Industrial, as a subsidiary of JD Group, is committed to enhancing the electricity sector's supply chain through a comprehensive digital transformation, linking supply and demand to optimize matching and reduce collaboration costs [2][3]. - JD Industrial has aggregated over 120,000 manufacturers, distributors, and agents to create a robust supply chain, providing significant support for cost reduction, efficiency improvement, compliance, and supply assurance in the electricity industry [3]. Group 3: Standardization Efforts - The lack of standardization in the industrial products sector has led to increased communication and transaction costs, complicating procurement processes; JD Industrial is focusing on product standardization to facilitate supply chain upgrades [4]. - The consensus in the industrial sector is that standardization is key to maximizing procurement cost efficiency, with guidance from the State-owned Assets Supervision and Administration Commission (SASAC) emphasizing the need for data standardization and governance [4]. Group 4: Technological Advancements - JD Industrial is leveraging big data and AI algorithms to enhance data capabilities for electricity clients, implementing a three-step approach to standardization, digitalization, and intelligent application to build a standardized product library [4][6]. - The introduction of AI tools like "Gongpin Cha" aims to improve product standardization across the industry, enabling clients to manage product data more effectively and enhance operational efficiency [6].