Transforming Supply Chain Finance with AI and IoT for Greater Inclusivity, Efficiency, and Intelligence

Authors

  • Danish Anwar Post Graduate Department of Commerce & Business Management, Veer Kunwar Singh University, Ara, India Author
  • Md. Faizanuddin Post Graduate Department of Commerce & Business Management, Veer Kunwar Singh University, Ara, India Author
  • Soofia Fatima Faculty of Commerce and Management, Patna Women’s College (Autonomous), Patna University Author
  • Rajeshwar Dayal Department of Computer Applications, International School of Management, Patna, India Author

DOI:

https://doi.org/10.62486/latia2025121

Keywords:

Artificial Intelligence, IoT, Risk Management, Supply Chain

Abstract

The integration of Artificial Intelligence (AI) and the Internet of Things (IoT) is revolutionizing supply chain finance by making it more inclusive, efficient, and intelligent. AI-driven algorithms automate critical financial processes such as credit analysis, risk management, and fraud detection, while IoT-enabled devices provide real-time visibility into inventory and asset tracking. These technologies streamline operations, enhance transparency, and enable dynamic, data-driven decision-making. Additionally, AI and IoT solutions democratize access to financing, particularly for small and medium enterprises (SMEs), by leveraging real-time data to assess creditworthiness. This paper explores how the fusion of AI and IoT is transforming supply chain finance, offering innovative strategies for improved efficiency, risk reduction, and financial inclusion.

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Published

2025-01-01

Issue

Section

Original

How to Cite

1.
Anwar D, Faizanuddin M, Fatima S, Dayal R. Transforming Supply Chain Finance with AI and IoT for Greater Inclusivity, Efficiency, and Intelligence. LatIA [Internet]. 2025 Jan. 1 [cited 2025 May 14];3:121. Available from: https://latia.ageditor.uy/index.php/latia/article/view/121