How digital twins help achieve business continuity in changing times
from Supply and Demand Chain Executive
Business continuity refers to maintaining, adjusting or rapidly resuming business functions in the event of a major disruption. Most major organizations have continuity plans in place that cover dealing with critical system/network failure, cyberattacks, hurricanes or price fluctuations in critical materials. Yet how many organizations had a plan in place outlining the instructions and procedures to follow in the case of a “Black Swan” event of global proportions that would unleash volatility, uncertainty, complexity and ambiguity (VUCA) in demand and supply conditions?
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