A CONCEPTUAL REVIEW OF DIGITAL TWIN-BASED BUSINESS ECOSYSTEMS IN SUPPLY CHAIN PLANNING

Abstract

In Today's fickle environment, supply chain management has become increasingly delicate and complex. In this context, a well-performed supply chain requires incorporating digitalization into supply chain networks. To fill this gap, the proposed paper aims to provide a better comprehension of prerequisites required when developing a digital twin in manufacturing supply chains, as well as the benefits and service business growth opportunities that are created for different companies by participating in a digital twin business ecosystem, and further the expected benefits for the entire ecosystem. Findings revealed that digital twins in the manufacturing supply chains are changing the way they do business. They offer a range of opportunities to facilitate collaborative environments, data-driven decisions and make business processes more robust. Finally, the paper aims to help academicians and practitioners to have good insight and overview of digital twins into supply chain planning activities and also it can provide insights for businesses regarding the use of digital twins in supply chain planning, helping them to improve their operations and gain a competitive advantage.