Digital Twins, Stress Tests, and the Need for Resilient Supply Chains

View Sample PDF

Author(s): Ronak R. Tiwari (National Institute of Techcnology, Calicut, India), Vishnu C. R. (Xavier Institute of Management and Entrepreneurship, Kochi, India), R. Sridharan (National Institute of Techcnology, Calicut, India)and P. N. Ram Kumar (Indian Institute of Management, Kozhikode, India)
Copyright: 2023
Pages: 16
Source title: Encyclopedia of Data Science and Machine Learning
Source Author(s)/Editor(s): John Wang (Montclair State University, USA)
DOI: 10.4018/978-1-7998-9220-5.ch180

Keywords: Data Analysis and Statistics / Information Science Reference / Knowledge Management and Library Science / Machine Learning

Purchase

View Digital Twins, Stress Tests, and the Need for Resilient Supply Chains on the publisher's website for pricing and purchasing information.

Abstract

Supply Chain 4.0 strongly stresses on the viability of supply chains. A viable supply chain is one that is agile, resilient, and sustainable. This article focuses on the resilience aspect of supply chains. The article starts with a brief introduction to the term ‘digital twin' and how it can help supply chains of the future. The next section begins with an application of digital twin in conducting ‘stress tests' on supply chains and challenges associated with doing that. The last section describes the ideas of stress tests and digital twins as important enablers for building resilience in supply chains. Finally, the article concludes with a discussion on directions for future research and some recent metrics to quantify the resilience of a supply chain.

The IRMA Community

Research IRM

Digital Twins, Stress Tests, and the Need for Resilient Supply Chains

Purchase

Abstract

Related Content

IRMA Sponsors