Alibaba.com says it is building a global supply chain powered by MSMEs, leveraging the power of artificial intelligence
“As we drive broader adoption of our AI tools among the micro, small, and medium-sized enterprise community, we also hope to expand our global supplier network, reaching our target of 100,000 suppliers in the next three years,” said Alibaba.com.
Alibaba said a recent survey found that these businesses are constantly looking for innovative solutions and products such as AI. In fact, 25-30% of MSMEs surveyed use AI on a daily basis. On Alibaba.com alone, about 30,000 MSMEs globally are using the platform’s AI tools.
By leveraging these tools, the companies surveyed saw a 37% increase in product visibility, creating more opportunities for new business deals and growth. Additionally, the MSMEs surveyed that used Alibaba.com’s AI tools were leveraging AI expertise to drive their businesses, as they adopted up to 70% of the optimization suggestions from these tools.
Global MSMEs' Assessment of AI Powered by Alibaba.com
According to Alibaba.com, MSMEs can diversify their supply sources by connecting with suppliers who focus on specific industries and products. Examples include cosmetics made from natural ingredients (Korea), home furnishings, cameras, accessories (Japan), spices and sauces (Vietnam), gemstones and horse racing equipment (India and Pakistan), etc.
Alibaba.com aims to help 100 MSMEs across Africa set up shop on the platform to sell their products globally. In addition, of the 500 events and workshops Alibaba.com will host this year (April 2024 to March 2025) for global suppliers, around 300 will be held in developing countries.
Alibaba.com now connects more global MSMEs than ever before, serving over 48 million buyers and over 200,000 suppliers on its platform worldwide. Alibaba.com reaffirms its commitment to prioritizing MSMEs through innovation and new solutions that simplify the process of sourcing and selling globally.
Source: https://thanhnien.vn/alibabacom-mo-rong-cong-cu-ai-cho-doanh-nghiep-sieu-nho-nho-va-vua-18524062812065762.htm
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