Business continuity with digital twins in self-healing supply chains

Business continuity with digital twins in self-healing supply chains

Before the onset of the current pandemic, companies are already increasingly interested in the idea of a self-healing supply chain. Steve Banker of ARC Advisory Group stated in a recent Forbes article, “The term “self-healing supply chain” is beginning to be used. This term reflects the idea that parameters should automatically update. It also includes the idea that the best plan is useless if unexpected events occur. It is important not just to create an optimum plan, but to be able to replan using a robust control tower as needed. A self-healing supply chain is impossible without a robust supply chain digital twin.”Business continuity refers to maintaining, adjusting or rapidly resuming business functions in the event of a major disruption. In a