IDEAS home Printed from https://ideas.repec.org/a/pkp/frmrev/v11y2025i1p72-102id4143.html
   My bibliography  Save this article

Revolutionizing supply chains: The role of emerging technologies in digital transformation

Author

Listed:
  • Naimul Islam
  • Tipon Tanchangya
  • Kamron Naher
  • Ummah Tafsirun
  • Md Rakib Mia
  • Shoaibur Rahman Sarker
  • Fahad Rashid

Abstract

The main objectives of the study are to provide a comprehensive overview of emerging technological solutions, their applications, and their impacts on supply chain digital transformation. It is qualitative research, and secondary data were collected. The study identified five effective applications of the individual solutions. AI provides effective insights, demand forecasting, warehouse automation, transportation and route optimization, supplier selection and management, and predictive maintenance. Blockchain enables tracking and transparency, enhancing traceability, cutting down on counterfeiting, encouraging sustainable and ethical sourcing, and facilitating smart payments. Business intelligence ensures improved communication, monitoring expenses, inventory management, tracking key performance indicators, and optimized visualization. Data science facilitates demand prediction, route enhancement, inventory management, hazard assessment, and supplier administration. IoT enables shipment and delivery tracking, warehouse capacity monitoring, inventory management, storage condition monitoring, and routine optimization and automation. RFID is effective for warehouse management, inventory management, freight transportation, supply chain visibility, and retail management. These emerging technologies collectively promote a more integrated, adaptable, and resilient supply chain landscape, address significant challenges, and open doors to future innovations. The results suggest that by adopting all emerging technologies within the supply chain context, business executives would increase their efficiency and enhance firm value as well.

Suggested Citation

  • Naimul Islam & Tipon Tanchangya & Kamron Naher & Ummah Tafsirun & Md Rakib Mia & Shoaibur Rahman Sarker & Fahad Rashid, 2025. "Revolutionizing supply chains: The role of emerging technologies in digital transformation," Financial Risk and Management Reviews, Conscientia Beam, vol. 11(1), pages 72-102.
  • Handle: RePEc:pkp:frmrev:v:11:y:2025:i:1:p:72-102:id:4143
    as

    Download full text from publisher

    File URL: https://archive.conscientiabeam.com/index.php/89/article/view/4143/8502
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pkp:frmrev:v:11:y:2025:i:1:p:72-102:id:4143. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dim Michael (email available below). General contact details of provider: https://archive.conscientiabeam.com/index.php/89/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.