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

Springer eBooks, 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.

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