Application of Digital Twin for Efficient Supply Chain: Analysis of Opportunities and Challenges

Digital Twins are the simulated models of a supply chain, which use real-time data to forecast the supply chain dynamics. The digital twin concept is broadly adopted among manufacturing and services industries. Digital Twin technology is responsible for transforming business across sectors. Different domains, like agriculture, automobile, healthcare, construction, aeronautical, oil, gas, etc., are now adopting digital twin. The chapter discusses the application of digital twin among various industries. This chapter gives an overview of the digital twin to build an efficient supply chain. Based on the applications, the chapter identifies 15 benefits of a digital twin to build an efficient supply chain. Further, the chapter also reveals a few challenges in adopting digital twin.