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INTEGRATING BLOCKCHAIN TECHNOLOGY INTO SUPPLY CHAIN MANAGEMENT FOR ENHANCED TRANSPARENCY, TRACEABILITY, AND TRUST IN GLOBAL BUSINESS NETWORKS
Supply chain management plays a crucial role in the success of global business networks (Smith, 2018). It involves the coordination and management of various activities, including procurement, production, transportation, and distribution, to ensure the smooth flow of goods and services from suppliers to customers (Christopher, 2016). However, traditional supply chain systems often face challenges related to transparency, traceability, and trust (Ivanov, 2018). These challenges can lead to inefficiencies, delays, and even fraudulent activities (Lambert et al., 2016). To address these issues, there is a growing need to integrating blockchain technology into supply chain management (Iansiti & Lakhani, 2017). This research aims to investigate the potential of blockchain technology in enhancing transparency, traceability, and trust in global business networks (Sarkis et al., 2019). The study further seeks to explore the integration of blockchain technology as a transformative tool in supply chain management (Mollenkopf et al., 2017).
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- School: University of Liverpool
- Course: Leadership and management
- Subject: Supply Chain Management
- All documents for this course ›
- Type of report: Research Proposal
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- Section: Studies & Theses
- Updated on: 02-17-2024
- Made on: 02-16-2024
- Type: .pdf
- Pages: 39
- Language: English
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