The concept of supply chain digital twin has become very popular in recent years. It is essentially a digital model of your supply chain intended to be the foundation for companies to plan and operate their supply chain digitally and autonomously.
Digitalization & Machine Learning
Robots are known to perform repetitive jobs that can be pre-programmed. However, AI/ML involves decisions and reasoning, i.e. intelligence.
Resiliency of your supply chain implies the ability to withstand unanticipated events, big or small. Your resiliency depends on many factors.
Supply chains need to be digitalized to become resilient not to just react and respond. Predicting potential issues and being ready is very different from virtually running around performing what-if this and what-if that!
We are at a point to deploy planning systems that are accurate and intelligent enough to more or less run the supply chain autonomously.
Model accuracy cannot come from simple S&OP solutions that are now so prolific. S&OP systems by themselves are a rough model of the supply chain.
Teledyne DALSA is an international leader in high performance digital imaging and semiconductors with approximately 1000 employees world-wide.