Supply Chain Briefing: Digital Twins Bring Visibility and Speed to the Supply Chain
In our weekly Supply Chain Briefing series, we discuss how technology is transforming the various stages of the retail supply chain, including product design, demand forecasting, manufacturing, logistics, warehousing, last-mile delivery and sales.
This report discusses digital twins, an emerging technology that can help companies make better decisions and predictions.
- Digital twins can improve supply chain through enhanced visibility, predictive maintenance and lower cost.
- Consumer goods and retail companies are tapping into the technology: The market for digital twin technology will be worth $20 billion by 2025, according to research and consulting firm Global Market Insights.