Metaverse and Supply Chain Management Applications

Technological advancements triggering Industry 4.0 have lately been shaping logistics and supply chains through digital transformation. Metaverse uses new technologies such as 5G, industrial IoT, VR/AR/XR, and digital twins to deliver an immersive and multi-sensory user experience. Thanks to the application potential of these technologies, logistics and supply chain industries will benefit the most from the Metaverse. Metaverse will increase supply chain transparency and visibility into how products are manufactured, stored, distributed, and sold. Metaverse furthermore promotes collaboration throughout the supply chain, both up and downward, making the end-to-end chain more efficient and effective. This chapter explores how Metaverse technology can change, improve, and transform supply chains.