Part 10/14:

He noted, “This approach works well especially when combined with precise data insights; it allows companies to operate with minimal stock, tailored to actual customer demand.”

Future Trends: Industry 4.0 and Digital Twins

Ganesh identified key future enablers:

• Advanced Analytics & AI: Demand sensing, forecasting, and smarter safety stocks.

• Industry 4.0: Touchless manufacturing, IoT integration, and smart factories.

• Supply Chain Control Towers: Centralized dashboards providing end-to-end visibility and scenario analysis.

• Digital Twins: Virtual replicas of supply networks enabling simulation of disruptions and optimization strategies.

• Blockchain: Emerging role in material traceability and security, though adoption remains gradual.