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Digital Twin Technology In Supply Chain

oboloo Glossary

Digital Twin Technology In Supply Chain

Digital Twin Technology in Supply Chain is defined as an advanced digital replication of physical products that are used in supply chain management. It is a digital representation of a physical product or process that is used to monitor, analyze and optimize the performance of the real-world product or process in order to improve the overall efficiency and productivity of the supply chain. This technology enables companies to identify problems and make the necessary improvements to their supply chain operations in a more cost-effective manner. It also provides a better understanding of the product and process performance in real-time, allowing for more accurate forecasting and planning. This technology has become increasingly popular in the business world and is often used in conjunction with Internet of Things (IoT) technology to make the supply chain process more efficient and effective. Digital Twin Technology in Supply Chain is a powerful tool to improve the overall performance of the supply chain operations and to ensure that

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