Enhancing Supply Chain Operations Using IoT and Digital Twin
6 CONCLUSION
In conclusion , supply chain management faces several challenges that can impact operational efficiency and customer satisfaction . The lack of real-time visibility , suboptimal routing and scheduling , and vulnerability to disruptions pose significant hurdles for companies . However , the integration of IoT sensors , IoT Platform based applications and use of digital twin and digital thread , provide a promising solution to these challenges .
By harnessing real-time data and leveraging advanced analytics , companies can gain better visibility into their supply chains , optimize routing and scheduling , and effectively mitigate disruptions . Embracing IoT-enabled supply chain systems , powered by digital twins , can lead to improved operational efficiency , cost savings , and enhanced customer service , ultimately positioning companies for success in a rapidly evolving business landscape .
7 ACKNOWLEDGEMENTS
The views expressed in the IIC Journal of Innovation are the author ’ s views and do not necessarily represent the views of their respective employers nor those of the Industry IoT Consortium ®.
© 2023 The Industry IoT Consortium logo is a registered trademark of Object Management Group ®. Other logos , products and company names referenced in this publication are property of their respective companies .
‣ Return to the beginning of this article
‣ Return to the Table of Contents
Journal of Innovation 13