IoT & digital twins concept integration effects on supply chain strategy: Challenges and effects

IoT is set to revolutionize the supply chain—both in terms of its operational efficiencies and revenue opportunities—by making it transparent. This paper is devoted to the investigation of the challenges and effects of IoT and Digital Twins integration. The goal is to ensure the formation of a methodological basis for calculating the cumulative effect of the accelerated implementation of digital twins, which should become a source of reserved growth and increase the competitiveness of a modern industrial enterprise.