Why do I need a supply chain digital twin?
The ability to visualize your supply chain on a world map, especially for businesses with global suppliers and complex supply chains, is a critical element of maintaining supply chain visibility. Without an understanding of your supply paths, you’re not going to have the necessary insight you need to mitigate problems when they occur. But with the help of a supply chain digital twin, you’re not only going to have the information you need to address issues—you may even be able to prevent them from happening in the first place.
Imagine, for a second, that a major hurricane is in the news. A good supply chain digital twin is going to enable you to see exactly what supply paths will be impacted based on the hurricane’s projected path—so you can take action that will prevent this from becoming a major problem for your business. (By the way: Do you know the 3 things you should be keeping an eye on for hurricane season?)
What’s more—not only can a supply chain digital twin represent your current supply chain, you can also use it as a tool for visualizing changes in your supply base. What if you were using a different supplier, or multiple suppliers? You can use your digital twin to map out these potential supplier switches, and get an understanding of how they affect your supply paths, as well as what kinds of events might impact these new partners.
Now imagine that you could even use functionality within your digital twin to directly contact your suppliers. Maybe you see that a node of your supply chain is suffering from a disruption, and you want to reach out directly to that supplier to find out what’s going on. With the right technology, you can do it.