Analyzing the Impact of Blockchain Technology on Supply Chain Management in the Retail Industry

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 aims to analyze the impact of blockchain technology on supply chain management within the retail industry. The study investigates how the implementation of blockchain technology can enhance transparency, traceability, and efficiency in retail supply chains. The research begins with a comprehensive literature review to provide insights into the theoretical foundations of blockchain technology and its applications in supply chain management. This review encompasses various aspects, such as the key features of blockchain, its benefits, challenges, and adoption trends in the retail sector. The methodology section outlines the research design, data collection methods, and analysis techniques employed in this study. Primary data will be collected through surveys and interviews with industry experts, while secondary data will be gathered from academic journals, industry reports, and case studies. The findings from the data analysis will be presented in chapter four, highlighting the specific ways in which blockchain technology can transform supply chain processes in the retail industry. The discussion will focus on the implications of these findings for retailers, suppliers, and other stakeholders in the supply chain ecosystem. In conclusion, this thesis summarizes the key findings and implications of the research, emphasizing the potential benefits of adopting blockchain technology in retail supply chain management. The study contributes to the existing body of knowledge by providing insights into the practical applications of blockchain technology in improving transparency, traceability, and efficiency within retail supply chains. Keywords Blockchain Technology, Supply Chain Management, Retail Industry, Transparency, Traceability, Efficiency.