Supply Chain Officer’s Guide to Using AI-powered Digital Twin

“Many companies working with Excel find it difficult to succeed in the constantly changing environment because having a digital copy of your business is not enough anymore. What you need is to be able to create a simulation of the future, not just look at your past. Demand forecasting is about looking at the future projections and analyzing them. Streamline is a great tool to do that. It is about the speed and accuracy of demand forecasting, cost and inventory optimization, and user-friendliness.”

“Beyond the forecasting and number crunching for Supply Chain Planning in real time that can be performed by Streamline, it also works beautifully to create the “What if” scenarios that are required within the SOP process. The artificial intelligence built inside the system, like in the Time Machine feature, allows to introduce a Digital Twin functionality that simulates the future and potentialize business performance. It can also be used to modify key variables and view alternative results immediately. Nonetheless, the solution is presented in a very intuitive, easy to manage software, and at a very competitive cost vs. other options.”

“To succeed today, businesses need to make extremely fast, yet accurate decisions, communicate quickly and effectively with all the internal and external stakeholders, as well as ensure the end-to-end visibility of their key processes. To be able to do that in the world of growing globalization and competitiveness, they require a tool that can help them analyze and get insights from enormous amounts of data; have ongoing access to their past per formance results, real-time information, and future projections; create a single “source of truth” for all the stakeholders to rely on. Digital twin technology is just the tool for the job. It is per fect to boost workflow efficiency and ensure the maturity, efficiency, and predictability of S&OP processes.”