Remove Aerospace Remove Industry 4.0 Remove Logistics Remove Value chain
article thumbnail

How digitalization, digital transformation strategies are evolving

Control Engineering

Moreover, the Industrial Metaverse will foster a new level of global collaboration, where teams from different parts of the world can work together in a shared virtual space, breaking down geographical and logistical barriers,” she said.

article thumbnail

What is supply chain?

Fastener News Desk

A supply chain includes all the raw materials and parts that are made into a product and distributed up the chain for manufacture and sale. In contrast, a value chain encompasses all the individual steps that are taken to create a marketable product. What are some supply chain risks? years, on average.