Digital Twins in Supply Chain: Catalyzing the change towards Circular Economy
Typ
Examensarbete för masterexamen
Master's Thesis
Master's Thesis
Program
Production engineering (MPPEN), MSc
Publicerad
2024
Författare
Jensen, Johannes
Panneerselvan, Arunkumar
Modellbyggare
Tidskriftstitel
ISSN
Volymtitel
Utgivare
Sammanfattning
This research explores the role of Digital Twin, a key technology in Industry 4.0, in facilitating
the shift towards a circular economy via Supply Chains. It also addresses the potential
obstacles that hinder the integration of Digital Twin into the Supply Chain. Data was gathered
through a comprehensive literature review and interviews with researchers and company
personnel to understand the degree to which Digital Twins are utilized in their organizations,
and how it can guide them towards circularity in their supply chains.The study reveals that
Digital Twins can enhance circularity in supply chains by extending the product lifespan
through real-time monitoring and predictive maintenance, as well as by effectively tracking
products returned by customers. However, implementing Digital Twin technology in extensive
network like supply chains is challenging due to factors that complicate real-time data
collection and time-consuming and costly process of modeling every asset. Therefore, in such
large networks, a Digital Model could be a more practical and cost-effective solution.
Beskrivning
Ämne/nyckelord
Digital Twin , Supply Chain , Circular Economy , Logistics , Linear Economy