Thesis Abstract

Abstract
Supply chain management plays a crucial role in the success of businesses across various industries. The integration of blockchain technology in supply chain management has gained significant attention due to its potential to enhance transparency and traceability in procurement processes. This thesis explores the impact of blockchain technology on improving transparency and traceability in procurement processes within the supply chain. The research methodology involved a comprehensive literature review, data collection, analysis of findings, and drawing conclusions based on the research outcomes. The study begins with an introduction to blockchain technology and its relevance in supply chain management. It establishes the background of the study, identifies the problem statement, objectives of the study, limitations, scope, significance, and defines key terms related to the research topic. The literature review in Chapter Two critically analyzes existing literature on blockchain technology, supply chain management, transparency, and traceability in procurement processes. The review highlights the benefits and challenges of implementing blockchain in supply chain management. Chapter Three focuses on the research methodology employed in this study. It includes detailed descriptions of the research design, data collection methods, data analysis techniques, sampling techniques, and ethical considerations. The chapter also discusses the limitations of the research methodology and strategies used to mitigate potential biases. Chapter Four presents the findings of the study, providing an in-depth discussion on how blockchain technology enhances transparency and traceability in procurement processes within the supply chain. The chapter examines real-world case studies and examples to illustrate the practical applications of blockchain technology in improving supply chain operations. It also discusses the challenges and limitations faced during the implementation of blockchain in supply chain management. In the final chapter, Chapter Five, the thesis concludes with a summary of key findings, implications for practice, and recommendations for future research. The study underscores the importance of blockchain technology in enhancing transparency and traceability in procurement processes, leading to improved efficiency, reduced costs, and increased trust among supply chain stakeholders. The research contributes to the growing body of knowledge on the application of blockchain technology in supply chain management and provides valuable insights for practitioners, policymakers, and researchers in the field. Keywords Blockchain Technology, Supply Chain Management, Transparency, Traceability, Procurement Processes, Literature Review, Research Methodology, Findings, Conclusion.

Thesis Overview

The project titled "Blockchain Technology in Supply Chain Management: Improving Transparency and Traceability in Procurement Processes" aims to investigate the application of blockchain technology in enhancing transparency and traceability within procurement processes in supply chain management. This research overview will provide a detailed explanation of the project, outlining the significance, background, objectives, methodology, and expected outcomes. **Background of the Study:** Supply chain management involves the coordination of various activities from sourcing raw materials to delivering the final product to customers. Transparency and traceability are critical aspects of efficient supply chain operations, ensuring accountability, compliance, and trust among stakeholders. Traditional procurement processes often lack transparency and face challenges related to data accuracy, security, and trust. Blockchain technology, known for its decentralized and immutable nature, presents promising solutions to address these challenges by providing a transparent and secure platform for managing transactions and data across the supply chain. **Objectives of the Study:** The primary objective of this research is to explore how blockchain technology can be leveraged to enhance transparency and traceability in procurement processes within supply chain management. Specific objectives include: 1. Investigating the current challenges and limitations of traditional procurement systems in ensuring transparency and traceability. 2. Examining the features and benefits of blockchain technology that make it suitable for improving transparency and traceability in procurement. 3. Analyzing case studies and existing implementations of blockchain in supply chain management to identify best practices and lessons learned. 4. Developing a conceptual framework for implementing blockchain technology in procurement processes to enhance transparency and traceability. 5. Evaluating the potential impact of blockchain technology on supply chain operations, efficiency, and stakeholder relationships. **Methodology:** The research will adopt a mixed-method approach, combining qualitative and quantitative research methods to achieve the study objectives. Data collection methods will include literature review, case studies analysis, interviews with industry experts, and surveys of supply chain professionals. Qualitative data will be analyzed using thematic analysis, while quantitative data will be analyzed using statistical techniques to draw meaningful conclusions and insights. **Expected Findings:** It is anticipated that the research will reveal the potential of blockchain technology in transforming procurement processes by enhancing transparency and traceability. The findings are expected to highlight the benefits of blockchain adoption in terms of reducing fraud, improving data accuracy, enhancing trust among stakeholders, and increasing operational efficiency. The study will contribute to the existing body of knowledge on blockchain applications in supply chain management and provide practical insights for organizations looking to implement blockchain solutions in their procurement processes. In conclusion, this research overview sets the stage for an in-depth exploration of the role of blockchain technology in improving transparency and traceability in procurement processes within supply chain management. By addressing the research objectives through a rigorous methodology, the study aims to provide valuable insights and recommendations for industry practitioners, academics, and policymakers seeking to leverage blockchain for enhanced supply chain operations.