Sustainable Supply Chain Finance and Supply Networks: The Role of Artificial Intelligence

Femi Olan*, Emmanuel Ogiemwonyi Arakpogun, Uchitha Jayawickrama, Jana Suklan, Shaofeng Liu

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

30 Citations (Scopus)
53 Downloads (Pure)

Abstract

Supply chain finance (SCF) is receiving increasing awareness in research as a result of uncertainties in the global financing for supply chain (SC). There are limited and fragmented studies in the implementations of financial services in SC management. This article builds on recovery from the financial crisis of 2008 and posts COVID-19 pandemic, where uncertainties crippled SCF providers and brokers services. At the same time, cutting-edge technological advancements such as Artificial Intelligence (AI) are revolutionizing the processes of business ecosystem in which SCF is entrenched. This article thus adopts a fuzzy set theoretical approach to unpack the entities relationship validity for sustainable SCF mate-framework, and the originality of AI concepts to sustainable SCF to identify the issues and inefficiencies. The results indicate that AI contributes significant economic opportunities and deliver the most effective utilization of the supply networks. In addition, the article provides a theoretical contribution to financing in SC and broadens the managerial implications in improving performance.

Original languageEnglish
Pages (from-to)13296-13311
Number of pages16
JournalIEEE Transactions on Engineering Management
Volume71
Early online date4 Jan 2022
DOIs
Publication statusPublished - 2024

Keywords

  • Artificial Intelligence (AI)
  • SC finance (SCF)
  • SC network
  • supply chain (SC)

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