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Saturday, April 30, 2022

Digital Twins in the Warehouse

 Intro below.   We did something very  very early on using a number of simulated alternatives, as quite valuable.   Here seems to be taken to a new level.

How digital twins are transforming warehouse performance  in VentureBeat

The global Industry 4.0 market was worth $116 billion in 2021 and is predicted to rise to $337 billion by 2028. Many technologies are contributing to the incredible growth of Industry 4.0, but a standout among them is digital twin solutions. Specifically, digital twins are now being deployed to greatly improve warehouse automation operations with the end goal of increasing efficiency and reducing downtime. 

Digital twins can deliver virtual representations of a physical environment — proving extremely helpful to the warehouse industry. With a digital twin, new improvements and efficiencies can be tested virtually, without downtime or rearrangement of physical assets.

Warehouse operations are rapidly growing in complexity. Inventory is more diverse, as the massive expansion of ecommerce has brought an increase in the proliferation of SKUs. Logistics solutions are strained, as customers now expect lightning-fast fulfillment. Technology is more complex, as innovative new automation systems come to market, and managers must analyze the new systems to introduce those that bring the greatest benefit to their warehouse operations.

To win against competitors, smart companies are now building digital twins of their warehouse operations and using them to handle operational complexities and performance improvements.   .... ' 

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