Supply Chain Digital Twins Enable Analytics and Resiliency
Blog post from TigerGraph
In March 2024, the Francis Scott Key Bridge in Baltimore collapsed after being struck by a cargo ship, resulting in the tragic loss of six workers' lives and a significant economic impact due to halted sea traffic and disrupted road transportation. The incident highlighted the vulnerabilities in supply chains, prompting businesses to explore digital twins using graph databases for improved supply chain modeling and resilience. These digital twins allow companies to simulate and analyze complex connections and dependencies, enabling proactive adjustments to enhance performance, lower costs, and mitigate risks. By employing graph-based systems, businesses can efficiently model intricate supply chains, conduct downstream and upstream analyses, and optimize their operations for better resilience against disruptions. As companies in various sectors adopt these technologies, they gain the ability to generate rapid reports, perform sophisticated analytics, and potentially transform their supply chain management strategies to anticipate and adapt to unforeseen challenges.