Skip to main content

Adoption of Emerging Technologies in Supply Chain Operations for Cost Reduction and Enhancement of Shareholder Wealth: A Case Study of UAE Organization

  • Conference paper
  • First Online:
Advances in Internet, Data and Web Technologies (EIDWT 2019)

Abstract

Technology and innovation are considered to be the primary driving forces of competitive advantage for most organisations, with evidence of developments in new technologies, e.g., AI IoT, Block chains and most recently FINTECH platforms for financial and accounting operations. These technologies provide businesses and managers immense opportunities for adoption towards cost reduction, improved customer service and enhanced shareholder wealth. However if not checked properly, the same can be a ‘disruptive’ technology that will threaten the performance and competitiveness for businesses. This paper explored which digital technologies have been adopted for supply chain management and how these technologies have brought reduction in operational costs and enhanced shareholder value. The research paper highlights the key technologies that are adopted within UAE and demonstrate how these technologies contribute to organizational performance and enhanced shareholder wealth. It is evident that organisations are investing in technologies like, RFID and ERP for cost reduction and shareholder wealth enhancement.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Abeyratne, S.A., Monfared, R.P.: Blockchain ready manufacturing supply chain using distributed ledger (2016)

    Article  Google Scholar 

  2. Angeles, R.: RFID technologies: supply-chain applications and implementation issues. Inf. Syst. Manag. 22(1), 51–65 (2005)

    Article  Google Scholar 

  3. Apte, S., Petrovsky, N.: Will blockchain technology revolutionize excipient supply chain management? J. Excipients Food Chem. 7(3), 910 (2016)

    Google Scholar 

  4. Barclay, I., Preece, A., Taylor, I.: Defining the collective intelligence supply chain. arXiv preprint arXiv:1809.09444 (2018)

  5. Buyya, R., Yeo, C.S., Venugopal, S., Broberg, J., Brandic, I.: Cloud computing and emerging IT platforms: vision, hype, and reality for delivering computing as the 5th utility. Future Gener. Comput. Syst. 25(6), 599–616 (2009)

    Article  Google Scholar 

  6. Bvepfepfe, B.S.: Supply chain network and logistics management. In: Adewole, A., Struthers, J. (eds.) Logistics and Global Value Chains in Africa, pp. 45–89. Palgrave Macmillan, Cham (2019)

    Chapter  Google Scholar 

  7. Christopher, M.: Logistics & Supply Chain Management. Pearson, Harlow (2016)

    Google Scholar 

  8. Demirgüç-Kunt, A., Klapper, L., Singer, D., Ansar, S., Hess, J.: The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution. World Bank. Washington, DC (2018)

    Google Scholar 

  9. Financial Stability Board (FSB): Financial stability implications from FinTech supervisory and regulatory issues that merit authorities’ attention (2017)

    Google Scholar 

  10. Gabhart, K., Bhattacharya, B.: Service Oriented Architecture Field Guide for Executives. Wiley, New York (2008)

    Google Scholar 

  11. Global Findex Database: Measuring Financial Inclusion and the FinTech Revolution. World Bank, Washington, D.C. (2017)

    Google Scholar 

  12. Gunasekaran, A., Ngai, E.W.: Expert systems and artificial intelligence in the 21st century logistics and supply chain management. Expert Syst. Appl. 1(41), 1–4 (2014)

    Article  Google Scholar 

  13. Gunasekaran, A., Dubey, R., Singh, S.P.: Flexible sustainable supply chain network design: current trends, opportunities and future (2016)

    Article  Google Scholar 

  14. Johnston, M.W., Marshall, G.W.: Sales Force Management: Leadership, Innovation. Technology. Routledge, London (2013)

    Book  Google Scholar 

  15. Kosba, A., Miller, A., Shi, E., Wen, Z., Papamanthou, C.: Hawk: the blockchain model of cryptography and privacy-preserving smart contracts. In: Proceedings of the 2016 IEEE Symposium on Security and Privacy (SP) (2016)

    Google Scholar 

  16. Leong, K., Sung, A.: FinTech (Financial Technology): what is it and how to use technologies to create business value in FinTech way? Int. J. Innov. Manag. Technol. 9(2), 74–78 (2018)

    Google Scholar 

  17. Lowe, H.J., Lomax, E.C., Polonkey, S.E.: The World Wide Web: a review of an emerging Internet-based technology for the distribution of biomedical information. J. Am. Med. Inform. Assoc. 3(1), 1–14 (1996)

    Article  Google Scholar 

  18. Lu, Y.: Industry 4.0: a survey on technologies, applications and open research issues. J. Ind. Inf. Integr. 6, 1–10 (2017)

    Google Scholar 

  19. Monczka, R.M., Handfield, R.B., Giunipero, L.C., Patterson, J.L.: Purchasing and Supply Chain Management. Cengage Learning, Boston (2015)

    Google Scholar 

  20. Marumbwa, J.: Exploring the moderating effects of socio-demographic variables on consumer acceptance and use of mobile money transfer services (MMTs) in Southern Zimbabwe. Am. J. Ind. Bus. Manag. 4(2), 71 (2014)

    Google Scholar 

  21. Peck, M.E.: Blockchains: how they work and why they’ll change the world. IEEE Spectr. 54, 26–35 (2017)

    Article  Google Scholar 

  22. Porter, M.E.: Competitive Advantage: Creating and Sustaining Superior Performance. Simon and Schuster, New York (2008)

    Google Scholar 

  23. Prajogo, D., Olhager, J.: Supply chain integration and performance: the effects of long-term relationships, information technology and sharing, and logistics integration. Int. J. Prod. Econ. 135(1), 514–522 (2012)

    Article  Google Scholar 

  24. Rothaermel, F.T.: Strategic Management. McGraw-Hill Education, New York (2015)

    Google Scholar 

  25. Scholz, N.: The Relevance of Crowdfunding. Springer Fachmedien Wiesbaden, Wiesbaden (2015)

    Book  Google Scholar 

  26. Schueffel, P.: Taming the beast: a scientific definition of Fintech. J. Innov. Manag. 4, 32–46 (2016)

    Google Scholar 

  27. Stevens, G.C., Johnson, M.: Integrating the supply chain 25 years on. Int. J. Phys. Distrib. Logistics Manag. 46(1), 19–42 (2016)

    Article  Google Scholar 

  28. Suri, A.K., Sonal, P.: An analysis of personal financial literacy among Expatriates in United Arab Emirates. Contemp. Rev. Middle East 4(3), 1–19 (2017)

    Article  Google Scholar 

  29. Underwood, S.: Blockchain beyond bitcoin. Commun. ACM 59(11), 15–17 (2016)

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Benjamin S. Bvepfepfe .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2019 Springer Nature Switzerland AG

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Bvepfepfe, B.S., Suri, A.k., El Asad, A. (2019). Adoption of Emerging Technologies in Supply Chain Operations for Cost Reduction and Enhancement of Shareholder Wealth: A Case Study of UAE Organization. In: Barolli, L., Xhafa, F., Khan, Z., Odhabi, H. (eds) Advances in Internet, Data and Web Technologies. EIDWT 2019. Lecture Notes on Data Engineering and Communications Technologies, vol 29. Springer, Cham. https://doi.org/10.1007/978-3-030-12839-5_40

Download citation

Publish with us

Policies and ethics