Utilizing Blockchain Technology for Supply Chain Management in Small and Medium Enterprises

Thesis Abstract

Abstract
Blockchain technology has gained significant attention in recent years due to its potential to revolutionize various industries, including supply chain management. This thesis explores the utilization of blockchain technology for supply chain management in small and medium enterprises (SMEs). The research aims to investigate how blockchain can enhance transparency, security, and efficiency in the supply chain processes of SMEs. The study begins with an introduction to the topic, providing a background of blockchain technology and its applications in supply chain management. The problem statement highlights the challenges faced by SMEs in managing their supply chains and the potential benefits that blockchain technology can offer. The research objectives are outlined to guide the study towards achieving specific goals, such as improving supply chain visibility and reducing operational costs for SMEs. Limitations and scope of the study are identified to set boundaries on the research focus and ensure the findings are relevant and applicable within the defined context of SMEs. The significance of the study is discussed to emphasize the potential impact of implementing blockchain technology in improving supply chain operations for SMEs. The literature review delves into existing research on blockchain technology and supply chain management, exploring key concepts such as transparency, traceability, and decentralization. The review highlights the advantages and challenges of implementing blockchain in supply chain management and identifies gaps in the current literature that this study aims to address. The research methodology section details the approach taken to investigate the research questions, including data collection methods, sampling techniques, and data analysis procedures. The chapter discusses the research design, participants, data sources, and data analysis techniques employed to gather and interpret the research findings. The findings of the study are presented in detail, highlighting the benefits of utilizing blockchain technology in enhancing supply chain management for SMEs. The discussion chapter analyzes the results, compares them with existing literature, and provides insights into the practical implications of the findings for SMEs. The conclusion summarizes the key findings of the study and offers recommendations for future research and practical applications of blockchain technology in supply chain management for SMEs. Overall, this thesis contributes to the growing body of knowledge on blockchain technology and its potential to transform supply chain operations for small and medium enterprises. Keywords Blockchain technology, Supply chain management, Small and medium enterprises, Transparency, Efficiency, Security, Decentralization.