Virtualisation in logistics refers to creating a digital representation or simulation of physical assets, supply chain processes, or warehouse operations. Through virtualisation, companies can monitor real-time operations, simulate logistics scenarios, optimize inventory allocation, and plan routes or resource utilization without disrupting physical processes. Technologies such as digital twins, IoT, and cloud-based platforms enable virtualisation, providing predictive analytics, risk assessment, and performance optimization. Virtualisation improves decision-making, reduces operational errors, enhances resource efficiency, and supports strategic planning across the supply chain.
Characteristics:
- Digital representation of logistics assets and processes
- Enables monitoring, simulation, and predictive analytics
- Optimizes resource allocation and operational performance
- Supports decision-making and risk mitigation
- Uses digital twins, IoT, and cloud platforms