Achieving Resilience and Performance Excellence with Digital Twins in Supply Chain & Manufacturing
With the growing deployments of Internet of Things (IoT) systems, the importance of the concept of a digital avatar of a physical thing has gathered significant interest in the recent years.
It is not a surprise then that most vendors of IoT Platforms have implemented some form of a digital twin. A Supply Chain Digital Twin is a detailed simulation model of an actual supply chain which uses real-time data and snapshots to forecast supply chain dynamics. From this, analysts can understand a supply chain’s behavior, predict abnormal situations, and work out an action plan. At a supply chain level, digital twins allow companies to have intelligence across the breadth of trading partners and into the depth of multiple suppliers.
In this session, we will discuss the origins of the digital twins, talk about various implementations in the industry. We will then discuss the digital twin implementation in supply chain & manufacturing leveraging Oracle cloud technologies, and learn how Oracle digital twin support companies in implementing resilience in the supply chain through real-time data.
In this session, participants will learn
a. What is digital twin? An overview and implementation perspective of digital twin.
b. Implementing digital twin in your company – What can we learn from the industry?
c. Learn how to use real-time data and high visibility to monitor the market and key economic trends so that you can create appropriate contingency plans.
d. Learn Oracle enabled technologies for digital twin
Speaker: Mr Clarence Wong, Industry Innovator Senior Advisor Oracle Corporation