Digital Twin Hub’s Post

Great times at the Gemini Call hosted by Digital Twin Hub last week! Our team had the pleasure of introducing SCNODE and its initiatives, as well as sharing a case study. Let's recap the main points discussed during the conversation: ➡ At SCNODE, we’re an open-source hub dedicated to advancing supply chain expertise in areas like simulation, data analytics, and digital twins. Our mission is to create a thriving community of supply chain professionals, sharing knowledge and insights on cutting-edge topics. ➡ Why digital twins? Supply chains are complex and ever-evolving. Digital twins offer a powerful platform to understand, optimize, and forecast behavior in risk-free environments. At SCNODE, we focus on simulative and prescriptive digital twins, enabling businesses to test scenarios and take data-driven, corrective actions that improve supply chain performance. ➡ Business case: In a recent project, we developed a digital twin for a dairy supply chain in Italy. The results? A 10% reduction in supply chain emissions and a 5% increase in EBITDA, proving the immense potential of digital twins in balancing sustainability with business goals. 🔜 Looking ahead, we’re excited to expand our efforts with new events, case studies, and collaborations. Stay connected with us on LinkedIn and visit our website to be part of this innovative journey!

Want to revolutionize your supply chain? Here's how one CEO is leading the charge using real-time data and critical thinking! Aratum is spearheading the transformation of Asia's supply chains through an innovative blend of technology and human intervention. Vince Poon, the CEO of Aratum, emphasizes the indispensable role of real-time data and critical thinking in the realm of supply chain digital transformation. A few strategies to be considered are prioritizing real-time data, reevaluating the return on investment from technology, initiating changes on a smaller scale, aligning business strategies with technological advancements, and adopting a long-term perspective for technology investments. The key to gaining an edge in the intensely competitive supply chain industry lies in a commitment to continuous improvement, facilitated by data and analytics technology. Read more: https://lnkd.in/dHFiXVPB #SupplyChainInnovation #DataDrivenDecisions #TechTransformation

Despite significant technological advancements, there's a growing consensus that we're still not leveraging technology to its fullest to gain the insights needed for optimizing supply chains. A thought-provoking piece by Joe McKendrick in Forbes underscores this issue, highlighting the gap between current tech capabilities and the actionable intelligence required for supply chain excellence. This discussion is crucial for us in the supply chain tech sector, as it opens up avenues for innovation and improvement. For an in-depth exploration, read the full article here: https://lnkd.in/ggzTkPqF #SupplyChain #Technology #Innovation #SCTechSherpa

Exciting times for supply chains as digital twins gain traction, projected to hit $8.7B by 2033! By creating a “virtual twin” of physical assets, we can predict issues, manage inventory better, and cut down on waste—taking efficiency to the next level. Digital twins in supply chain tech aren’t just about tracking; they’re about foresight and smarter decision-making. Here’s to a more responsive and sustainable supply chain future! #SupplyChain #DigitalTwin #RFID #Innovation #Sustainability #Tech

As logistics and supply chain operators brace for the busy holiday shopping season, efficiently loading, shipping, and delivering goods becomes more critical than ever. With rising costs, wasted space, and sustainability concerns, conventional cargo loading methods can struggle to keep up. Quantum optimization offers a powerful solution, enabling smarter space utilization, reduced waste and lowered costs while minimizing environmental impact across all modes of transport. Now is the time to explore how quantum-powered solutions can transform cargo logistics for more efficient operations. Get our data sheet here: https://lnkd.in/gSqjDsT3 #QuantumComputing #Sustainability #Quantum #Optimization #Technology #QuantumAI #Innovation #Hybridquantum

The future of supply chains in 2025 will be defined by technology, sustainability, and agility. Companies that adopt AI-driven systems, embrace data analytics, integrate sustainable practices, and localize production will be better positioned to navigate the complexities of a rapidly evolving market.

Researchers presented a quantum-based solution for the routing and spectrum assignment (RSA) problem in elastic optical networks (EONs). By framing RSA as a quadratic unconstrained binary optimization (QUBO) model, they utilized the quantum approximate optimization algorithm (QAOA) to minimize delay while meeting spectrum constraints https://lnkd.in/gzw2yTvX

Despite significant advancements in technology, over 75% of supply chain executives still find themselves unprepared for disruptions due to a lack of automation and predictive insights, underscoring the critical need for more sophisticated tools to enhance supply chain resilience and decision-making.

'Smart' supply chains are soon going to be the new normal thanks to the countless advancements being made in the technology world. Understanding the current trends that are shaping the future supply chain is extremely important to successfully transition to the newer digital architecture available. This article identifies 7 new trends to keep an eye out for as well as key actions to take for each trend. #SPRING2024SCLT4375 José Manuel Velarde CSCP, CPIM, CPSM, CPSD Margaret A. Kidd, CMILT, CPE™ Supply Chain & Logistics Technology - University of Houston https://lnkd.in/gC4YCfUh

Discuss with us at SPHERA SUMMIT about how to leverage our Carbon emissions reporting to drive Scope 3 emission transparency on your net-zero journey and manage Risk.