Cross-border logistics optimization, millisecond-level real-time decision-making, Cainiao ranks among the top three in the world in the Wagner Award, the top award in operations research

Recently, Cainiao was shortlisted as one of the top three finalists for the Wagner Operations Research Outstanding Practice Award along with Intel and Purdue University for its "Cross-border Parcel Combined Fulfillment System."

In the fields of operations research, management science and business analysis, the Institute for Research in Operations Research and the Management Sciences ( INFORMS) is recognized worldwide as the most influential and authoritative society. The Wagner Award for Outstanding Practice in Operations Research, awarded annually by the society, is one of the world's top awards in this field. The Wagner Award is established to recognize outstanding achievements in operations research practice worldwide, and the winning projects are also considered to represent the most cutting-edge applications in the field of operations research .

The " Cross-border Parcel Combined Order Fulfillment System " selected by Cainiao this time uses a set of online real-time decision-making solutions to effectively solve the problems of high cross-border small-item logistics costs and low efficiency in the process of cross-border logistics fulfillment. Unlike the traditional practice of fulfilling and combining orders, which usually uses historical information to complete the optimal strategy, Cainiao can make millisecond-level real-time decisions (usually within 10 milliseconds) based on big data, real-time prediction and online decision-making optimization algorithms to provide the optimal combination and logistics service upgrade options for multiple orders for the consumer.

With its deep insight into the e-commerce industry and technological strength, Cainiao has now established a global smart logistics network with end-to-end logistics capabilities. Cainiao's technology maximizes the timeliness of package fulfillment without increasing costs, thereby improving consumer experience. In fiscal year 2023, Cainiao processed more than 1.5 billion cross-border packages, serving 133 million cross-border consumers and more than 100,000 merchants and brands.

Cross-border logistics

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