Tuesday, December 15, 2020

Supply Chain Digital Twin - Introduction

 A joint view of Tata Consultancy Service (TCS) & National Institute of Industrial Engineering (NITIE) to manage COVID vaccine distribution for India

Mediawire | Dec 14, 2020, 17:55 IST


NITIE: Dr. Manoj Tiwari & Dr. Hema Date

TCS: Vinay Sharma, Pawan Kumar Singh, Koushik Ramakrishna, Satwant Kumar & Viral Pathak


The COVID-19 vaccine supply chain requires the policy formation, integrated planning, and execution and following three themes are identified for this purpose:

Supply Chain Digital Twin

Distributed Supply chain control towers

Track & Trace Capability


Supply Chain Digital Twin


In the complex scenario of covid vaccine distribution, it is very important to understand the entire dynamics before taking any strategic and tactical decisions.

To help in understanding the supply dynamics,  an Artificial Intelligence enabled digital supply chain twin would be the most appropriate solution. The supply chain digital twin will be a virtual representation of infrastructure, process, policies and time. It would help the strategists and planners test their assumptions before any decisions being taken.

https://timesofindia.indiatimes.com/home/education/news/a-joint-view-of-tata-consultancy-service-tcs-national-institute-of-industrial-engineering-nitie-to-manage-covid-vaccine-distribution-for-india/articleshow/79722661.cms



IBM Sterling and the Supply Chain Digital Twin - PDF

IBM Blockchain Transparent Supply®, from the IBM Blockchain Solutions team, similarly creates a digital twin of goods as they move through the supply chain.

Digital Twin Facilitators and User Modules


• IBM Sterling Supply Chain Insights with Watson

• IBM Sterling Business Transaction Intelligence

• IBM Sterling Supply Chain Business Network

• IBM Sterling Order Management

• IBM Sterling Inventory Visibility

• IBM Sterling Inventory Control Tower

• IBM Sterling Fulfillment Optimizer with Watson

• IBM Planning Analytics

• IBM Weather Operations Dashboard

https://www.ibm.com/cloud/architecture/files/IBM-Sterling-Supply-Chain-Digital-Twins.pdf

https://www.ibm.com/supply-chain/sterling

https://www.ibm.com/in-en/supply-chain/sterling#:~:text=A%20cloud%2Dbased%2C%20digital%20business,Sterling%20Supply%20Chain%20Business%20Network



WHAT DISTINGUISHES A DIGITAL TWIN FROM REGULAR SUPPLY CHAIN SIMULATION MODELS?

Supply chain digital twin simulation with anyLogistix

 A supply chain digital twin is detailed enough to analyze the supply chain interactions, from macro changes in demand down to inside the four walls of facilities. It should enable functions such as the prediction of financial and SKU flows, demand variability identification, and scenario testing.

 It uses live information feeds, such as incoming shipment schedules, vehicle locations, and inventory levels, to assess the supply chain’s current state and provide updated forecasts. For example, quantifying the bullwhip effect from lost inventory.

 It offers configurable notifications, alarms, or alerts to inform you of abnormal situations such as service levels falling below thresholds.

 It provides triggers you can use to set up custom actions that will automatically take place when selected events occur, such as potential stock outs.

 It allows you to develop action plans to help you address abnormal situations, and test those plans to ensure they are effective.

 A digital supply chain twin is a part of a “bigger thing” — the simulation model integrates with the surrounding IT environment of databases and business intelligence tools.

https://www.anylogistix.com/supply-chain-digital-twins/


Jan 2, 2020

Digital Twins In Supply Chain Planning

https://www.forbes.com/sites/stevebanker/2020/01/02/digital-twins-in-supply-chain-planning/?sh=1e423609755a


How digital twin technology is transforming supply chains

By Sean Harapko

EY Americas Supply Chain Transformation and Global Supply Chain RPA leader

18 Jun 2020


Digital twin   mirrors the supply chain’s assets, transactions, third-party relationships and other operational details. The digital twin enables sophisticated real-time monitoring and adjustments. It brings a broad and deep view of your supply chain, allowing companies to quickly model potential scenarios involving shifts in manufacturing lines, the availability of assets and people and adjustments to distribution flows or proactive risk monitoring.


Capitally intensive industries with complex and highly engineered manufacturing processes are ideally suited to benefit from both supply chain and factory-level digital twins.


We commonly see a 5%–10% increase in throughput at factories implementing digital twin scheduling software, with a high increase of scheduling agility. Heavy industrial companies have used forms of simulation software for many years, but we’re now witnessing a powerful convergence of computing power, in memory databases, algorithms and data integration through the Internet of Things, which is enabling large volumes of real-time data to be processed and simulated very quickly for rapid response. 

https://www.ey.com/en_gl/consulting/how-digital-twin-technology-is-transforming-supply-chains


Conquering Complexity in Supply Chains with Digital Twins

JANUARY 23, 2020 

By Rainer Schuster, Gaurav Nath, and Llorenç Mitjavila

https://www.bcg.com/en-in/capabilities/operations/conquering-complexity-supply-chains-digital-twins


Unipart and NHS Supply Chain – Digital Twinning Supports NHS Supply Chain Resilience

Digital Twinning has been used in recent months to support the NHS Supply Chain network through unprecedented times.

What is Digital Twinning?

Digital Twinning is the use of 3D video scanning equipment to create a digital representation of assets, which are manipulated on screen to simulate and optimise different real-life scenarios.

https://www.unipart.com/logistics/unipart-and-nhs-supply-chain-digital-twinning-supports-nhs-supply-chain-resilience-2/















4 comments:

  1. Its informative blog. Thanks for sharing this information..!!

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