How Data Can Help Your Business Overcome Supply Chain Issues

This reported feature hooked on pandemic-driven supply chain disruptions to present data and digital transformation as a vital solution. Part of a 4-article series on Digital Transformation for Crowe LLP.

Supply chain disruptions continue to challenge companies across sectors, generating backlogs, boosting costs and creating an uncertainty that can make it hard to do business.  
Data technology is here to help. Here’s how three solutions can make the difference for organizations tackling their supply chain issues. 
> Digital Twin Modeling Can Deepen Supply Chain Visibility 
“Given the evolving landscape and disruptions that historical models don’t account for, companies are grappling with visibility into the overall supply chain,” says Andrew Callaghan, managing principal of metals at the accounting, consulting and technology services firm Crowe. 
How can organizations achieve such visibility? One way is through digital twin technology. Using advanced modeling software that integrates a wide range of databases and real-time information feeds, planners can create a twin—a detailed virtual representation—of a supply chain. They can then use machine learning solutions to analyze the twin, gaining insights into a sprawling global supply network that might comprise thousands of touchpoints.

Read the full article at Forbes.

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