The Role of Digital Twins in Optimizing and Transforming Operations Management
Abstract
A digital twin is a virtual representation of a physical object or system. It is like a digital mirror that reflects the state and behaviour of its real counterpart. This virtual representation can be used to simulate, analyse and optimise the physical object or system. This paper explores the transformative potential of digital twins to revolutionise operations management. By creating virtual replicas of physical assets and processes, digital twins offer unprecedented opportunities to optimise performance, improve decision making and increase operational efficiency. This study looks at the applications of digital twins in various industries and examines their impact on supply chain management, production planning, asset management and predictive maintenance. In addition, the study explores the challenges and opportunities associated with implementing digital twin technology, including data management,
cybersecurity and organisational readiness. The findings of this study contribute to a deeper understanding of how digital twins can be utilised to drive operational excellence and create sustainable competitive advantage. Ultimately, this study aims to provide insights into the role of digital twins in shaping the future of operations management.
Keywords: Digital twins, operations management, Industry 4.0, simulation, optimization, predictive maintenance