Strategic frameworks for digital transformation across logistics and energy sectors: Bridging technology with business strategy
1 Independent Researcher, Bloomfield, NJ, USA.
2 Cypress & Myrtles Real Estate Limited, Abuja, Nigeria.
3 Department of Architecture, Enugu State University of Science and Technology, Nigeria.
4 Independent Researcher, Delta State, Nigeria.
Review
Open Access Research Journal of Science and Technology, 2024, 12(02), 070–080.
Article DOI: 10.53022/oarjst.2024.12.2.0142
Publication history:
Received on 16 October 2024; revised on 20 November 2024; accepted on 23 November 2024
Abstract:
Digital transformation has become a pivotal force in reshaping the logistics and energy sectors, driven by advancements in technology and the need to remain competitive in dynamic global markets. This review presents strategic frameworks to guide the integration of digital tools within these sectors, emphasizing the alignment of technology adoption with overarching business strategies. The logistics sector faces increasing demands for efficiency, transparency, and sustainability. Digital technologies such as the Internet of Things (IoT), Artificial Intelligence (AI), blockchain, and big data analytics enable real-time supply chain visibility, predictive maintenance, and streamlined operations. Similarly, the energy sector is undergoing a paradigm shift, with smart grids, renewable energy integration, and energy storage solutions emerging as transformative technologies. This proposes tailored frameworks to support digital transformation, addressing critical components such as vision alignment, leadership, technology adoption, and metrics for measuring success. By analyzing case studies and best practices, the review demonstrates how organizations in logistics and energy have successfully leveraged digital solutions to achieve operational excellence, improve customer satisfaction, and drive sustainability initiatives. The challenges of digital transformation, including financial constraints, organizational resistance, and regulatory complexities, are also discussed. The review provides actionable recommendations to overcome these barriers, such as fostering a digital-first culture, securing funding for innovation, and ensuring compliance with industry standards. Ultimately, this review highlights the need for a strategic, collaborative approach to digital transformation, where technology serves as an enabler of innovation and growth. It concludes with insights into future trends, including the growing role of AI, automation, and cross-sector partnerships in driving digital ecosystems and advancing sustainability goals. These frameworks aim to equip stakeholders with the tools to navigate the complexities of digital transformation and unlock its full potential in logistics and energy industries.
Keywords:
Strategic frameworks; Digital transformation; Energy sectors; Business strategy
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Copyright © 2024 Author(s) retain the copyright of this article. This article is published under the terms of the Creative Commons Attribution Liscense 4.0