Complexity, COVID-19, and competition have upended supply chain organizations. Digital twins are virtual representations of an object, system, or process, used to simulate potential situations and outcomes. They can be employed to optimize operations, plan scenarios, and assist in decision-making. Imagine harnessing digital twins to revolutionize end-to-end supply chain expansion. Check out our new article to learn more➡️ https://mck.co/3Zgm6mG
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🚀 𝗥𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝗶𝘇𝗲 𝗬𝗼𝘂𝗿 𝗦𝘂𝗽𝗽𝗹𝘆 𝗖𝗵𝗮𝗶𝗻 𝘄𝗶𝘁𝗵 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗧𝘄𝗶𝗻𝘀! 🌐 Facing challenges like rising consumer expectations and operational complexities? Digital Twins are the solution! 🔍 What They Do: Simulate and optimize supply chain processes in real-time. Boost efficiency by up to 20% and reduce costs by 10%. 💡 Get Started: Embrace a data-driven mindset and transform your operations today! Let’s connect to explore the future of supply chains! 🤝 #𝗦𝘂𝗽𝗽𝗹𝘆𝗖𝗵𝗮𝗶𝗻 #𝗗𝗶𝗴𝗶𝘁𝗮𝗹𝗧𝘄𝗶𝗻𝘀 #𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 #𝗔𝗜
Digital twins: The key to unlocking end-to-end supply chain growth
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Interested to learn more what digital twins are, how they can boost growth and how to get started? My colleagues highlight how Supply Chains can be optimized through this technology to enable outsized impact and resiliency.
Digital twins: The key to unlocking end-to-end supply chain growth
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Complexity, COVID-19, and competition have upended supply chain organizations. They can reignite revenue growth and deepen resilience by deploying AI-powered digital twins...
Digital twins: The key to unlocking end-to-end supply chain growth
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Here Mckinsey explains in a simple words how "Digital twins can be used to model the interaction between physical and digital processes all along the supply chain—from product ideation and manufacturing to warehousing and distribution, from in-store or online purchases to shipping and returns."
Digital twins: The key to unlocking end-to-end supply chain growth
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Complexity, COVID-19, and competition have upended supply chain organizations. They can reignite revenue growth and deepen resilience by deploying AI-powered digital twins.
Digital twins: The key to unlocking end-to-end supply chain growth
mckinsey.com
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Digital twins are the unsung heroes of supply chain transformation, turning complexity into opportunity. By bridging physical and digital, they help predict disruptions, optimise operations, and even drive revenue growth. This article nails the potential: dynamic planning, better fulfilment rates, and self-healing capabilities. But it’s not plug-and-play—success demands robust data, tech integration, and skilled teams. Still, with results like a 20% boost in delivery accuracy and a 5% revenue lift, the payoff is undeniable. Are digital twins the future of supply chains, or are there hurdles still holding them back? #DigitalTwin #SupplyChain #Innovation
Using digital twins to unlock supply chain growth | McKinsey
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Is your supply chain future-ready? In a recent McKinsey & Company report, digital twins are highlighted as a transformative tool for modern supply chains. These advanced virtual models enable organizations to simulate real-world operations, unlocking new levels of efficiency, adaptability, and growth potential. Why does this matter now? Surging expectations: Nearly 90% of U.S. consumers expect two- to three-day delivery, with many demanding even faster turnaround times. Rising costs: Labor and warehousing expenses are escalating—up over 30% in recent years. Increasing complexities: Disruptions in demand forecasting and inventory management continue to challenge global networks. How digital twins make a difference: McKinsey outlines how companies are using digital twins to optimize operations, refine demand planning, and build resilience. By offering real-time insights, these tools provide an end-to-end view of supply chains, empowering businesses to make data-driven decisions that adapt to a rapidly changing landscape. The market is taking notice—projections suggest the digital twin market could grow by 30-40% annually, reaching $150 billion by 2032. Are you ready to harness this potential? Check out McKinsey’s deep dive into digital twins to learn how this technology is shaping the future of supply chains: https://lnkd.in/eMzJheCJ
Digital twins: The key to unlocking end-to-end supply chain growth
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Could digital twins heal the supply chain? If organizations don't recalibrate their supply chain operations, they could fall behind. Digital twins can assist with that much-needed calibration. With this, supply chains could be more flexible, agile, and responsive enough to deal with unexpected disruptions. #SupplyChain #DigitalTwins #Manufacturing
Using digital twins to unlock supply chain growth | McKinsey
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Digital Twins: The Key to unlocking end-to-end supply chain growth. Complexity and competition have upended supply chain organizations. They can reignite revenue growth and deepen resilience by deploying AI-powered digital twins.
Digital twins: The key to unlocking end-to-end supply chain growth
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Digital twins can help companies improve their supply chains by providing a clear view of operations and predicting future scenarios. This leads to better decision-making and increased resilience. https://lnkd.in/egXuWqhi
Digital twins: The key to unlocking end-to-end supply chain growth
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