Thesis Abstract

Abstract
This thesis investigates the application of blockchain technology in enhancing supply chain traceability and transparency within the field of purchasing and supply management. The growing complexity of global supply chains has led to an increased demand for improved visibility and accountability throughout the procurement process. Blockchain technology offers a decentralized and secure platform for recording and verifying transactions, thereby potentially revolutionizing the way supply chains operate. The research begins with an exploration of the theoretical foundations and background of blockchain technology, highlighting its key features and potential benefits for supply chain management. The problem statement identifies the current challenges faced in ensuring traceability and transparency in supply chains, emphasizing the need for innovative solutions to address these issues. The objectives of the study are to assess the impact of blockchain technology on supply chain traceability and transparency, to evaluate the limitations and challenges associated with its implementation, and to propose recommendations for its successful integration into purchasing and supply management practices. The study also defines the scope and limitations of the research, outlining the specific areas that will be covered and the constraints that may impact the findings. A comprehensive literature review is conducted to examine existing research and case studies related to blockchain technology in supply chain management. Ten key themes emerge from the review, including data integrity, smart contracts, supply chain visibility, and risk management, among others. These themes provide a framework for understanding the potential applications and implications of blockchain technology in enhancing traceability and transparency within supply chains. The research methodology section outlines the research design, data collection methods, and analysis techniques employed in the study. Eight key components are discussed, including the selection of case studies, data sources, data analysis tools, and validation procedures. The methodology aims to provide a systematic and rigorous approach to investigating the research questions and objectives. The findings of the study reveal the significant impact that blockchain technology can have on improving traceability and transparency in supply chains. By leveraging the decentralized and immutable nature of blockchain, organizations can enhance data integrity, streamline transactions, and mitigate risks associated with fraud and counterfeiting. The discussion of findings delves into the implications of these results for purchasing and supply management practices, highlighting the opportunities and challenges that arise from adopting blockchain technology. In conclusion, this thesis summarizes the key findings and implications of utilizing blockchain technology for enhancing supply chain traceability and transparency. The study highlights the potential benefits of blockchain in improving data accuracy, process efficiency, and trust among supply chain stakeholders. Recommendations are provided for organizations looking to implement blockchain solutions in their procurement processes, emphasizing the importance of collaboration, education, and continuous evaluation of technology trends. Overall, this research contributes to the growing body of knowledge on blockchain technology and its applications in supply chain management. By exploring the potential of blockchain for enhancing traceability and transparency, this study offers valuable insights for practitioners, researchers, and policymakers seeking to innovate and optimize supply chain processes in the digital age.

Thesis Overview

The research project titled "Utilizing Blockchain Technology for Supply Chain Traceability and Transparency in Purchasing and Supply Management" aims to explore the application of blockchain technology in improving traceability and transparency within the purchasing and supply management processes. This research overview provides a comprehensive explanation of the project, outlining the key objectives, significance, methodology, and expected findings. **Introduction:** The introduction section presents an overview of the research topic and its relevance in the field of purchasing and supply management. It highlights the growing importance of traceability and transparency in supply chains, emphasizing the role of blockchain technology in addressing these challenges. **Background of Study:** This section delves into the background information related to supply chain management, traceability, and transparency issues faced by organizations. It provides a detailed analysis of the current practices and technologies used in purchasing and supply management. **Problem Statement:** The problem statement section identifies the main challenges and shortcomings in existing supply chain processes that hinder effective traceability and transparency. It emphasizes the need for innovative solutions to address these issues and improve overall supply chain efficiency. **Objective of Study:** The research aims to achieve several objectives, including exploring the potential benefits of blockchain technology in enhancing traceability and transparency, evaluating its impact on supply chain management practices, and proposing recommendations for its implementation in purchasing processes. **Limitation of Study:** This section acknowledges the limitations and constraints that may affect the scope and generalizability of the research findings. It provides transparency regarding the boundaries and constraints within which the study is conducted. **Scope of Study:** The scope of the research outlines the specific focus areas and boundaries within which the study will be conducted. It defines the target audience, geographical scope, and industry sectors that will be considered in the research project. **Significance of Study:** The significance section highlights the potential contributions of the research to the field of purchasing and supply management. It discusses the expected impact of implementing blockchain technology on improving traceability, transparency, and efficiency in supply chain processes. **Structure of the Thesis:** This section provides an overview of the thesis structure, outlining the organization of chapters and sub-sections within the research document. It serves as a roadmap for readers to navigate through the research content. **Definition of Terms:** The definition of terms section clarifies key concepts, terms, and terminology used throughout the research project. It ensures that readers have a clear understanding of the specific terminology related to blockchain technology, supply chain management, and traceability. In conclusion, the research project on "Utilizing Blockchain Technology for Supply Chain Traceability and Transparency in Purchasing and Supply Management" aims to advance the understanding of how blockchain technology can revolutionize supply chain processes. Through an in-depth analysis of its potential benefits and challenges, this study seeks to provide valuable insights for organizations seeking to enhance their supply chain traceability and transparency.