Analysis of Blockchain Technology in Supply Chain Management: A Case Study in the Purchasing Process

Thesis Abstract

Abstract
This thesis explores the utilization of blockchain technology in enhancing supply chain management practices, with a specific focus on its application in the purchasing process. The study investigates the potential benefits and challenges associated with integrating blockchain in supply chain operations, aiming to provide valuable insights for organizations seeking to optimize their procurement activities. A case study approach is employed to analyze the implementation of blockchain technology in a real-world supply chain scenario, highlighting its impact on transparency, traceability, efficiency, and security within the purchasing process. The research begins with an introduction to blockchain technology and its relevance in supply chain management, setting the context for the study. The background of the study elucidates the current trends and challenges in traditional supply chain practices that necessitate the adoption of innovative technologies like blockchain. A clear problem statement underscores the gaps and inefficiencies present in purchasing processes, motivating the exploration of blockchain solutions. The objectives of the study are outlined to evaluate the effectiveness of blockchain in improving procurement activities, streamlining transactions, and enhancing trust among supply chain partners. The limitations and scope of the study define the boundaries and constraints within which the research is conducted. The significance of the study emphasizes the potential value that blockchain technology can offer to organizations in revolutionizing their supply chain operations. The structure of the thesis provides a roadmap for the subsequent chapters, outlining the organization and flow of the research. Definitions of key terms ensure a common understanding of blockchain concepts and supply chain terminology used throughout the thesis. The literature review delves into existing research and scholarly works on blockchain technology, supply chain management, and purchasing processes, synthesizing relevant insights and identifying gaps for further exploration. The research methodology chapter delineates the approach, design, data collection methods, and analysis techniques employed to investigate the research questions and achieve the study objectives. Through a systematic and rigorous methodology, the study aims to generate empirical evidence and practical recommendations for industry practitioners and academic scholars. The discussion of findings chapter presents the analysis and interpretation of data collected from the case study, shedding light on the implications of blockchain implementation in the purchasing process. Key findings, trends, and patterns emerge, offering valuable insights into the benefits and challenges of adopting blockchain technology in supply chain management. Finally, the conclusion and summary chapter encapsulate the key findings, contributions, and implications of the research. Recommendations for future research and practical implications for organizations are provided, offering guidance on leveraging blockchain technology to enhance supply chain efficiency and transparency. Overall, this thesis contributes to the growing body of knowledge on blockchain applications in supply chain management, offering a comprehensive analysis of its impact on the purchasing process.