Digital supply chain management development for sustainable growth of financial companies

In this study we investigated the role of digital supply chain management (DSCM) in the sustainable development of financial companies in Uzbekistan. The present study, in a mixed method and by collecting data from 145 financial managers and specialists, explained the relationships between the key components of this transformation. Research findings revealed a significant gap between the current level of maturity and the desired state in the area of digital technologies of the enterprises. The results of path analysis showed that the most potent predictors in achieving sustainable outcomes were strategic alignment having a coefficient of 0.42 and technology integration with a coefficient of 0.38. Also, prioritizing barriers using the Analytical Hierarchy Process (AHP) revealed that regulatory ambiguities, with a weight of 0.28, and high initial capital with a weight of 0.24 represent the main challenges which the companies are facing. Our study indicated that digital transformation in the supply chain is a multidimensional process whose success depends on simultaneous attention to technological, strategic, and regulatory aspects. The ultimate result of this transformation is creation of a financial ecosystem that will be competitive and heed requirements for the sustainable development.

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