July 06, 2022
In the Media
Digital twins (DTs)—living digital replicas of physical entities—are used widely in manufacturing to mimic and improve real-world processes and systems. However, there are far fewer applications of the technology in supply chain management. DTs could deliver similar benefits in supply chains if it were not for certain misconceptions that prevent companies from unlocking the technology’s huge potential.
Contrary to these mistaken beliefs, DT technology is accessible and can be implemented in well-defined steps. And as is the case with any new, innovative technology, companies need to understand what they want to achieve before implementing it.
Full article (Supply Chain Management Review subscriber content)