Application of Blockchain Technology in Supply Chain Management: A Case Study in Purchasing and Supply

Thesis Abstract

Abstract
Blockchain technology has emerged as a disruptive innovation with the potential to revolutionize various industries, including supply chain management. This thesis investigates the application of blockchain technology in enhancing transparency, efficiency, and security in supply chain operations, with a specific focus on purchasing and supply processes. The research employs a case study approach to analyze the implementation of blockchain technology in a real-world supply chain setting. The study begins with an exploration of the theoretical background of blockchain technology and its relevance to supply chain management. It delves into the potential benefits and challenges associated with integrating blockchain into purchasing and supply processes. A comprehensive literature review is conducted to examine existing research and industry practices related to blockchain adoption in supply chains. The research methodology section outlines the approach taken to conduct the case study, including data collection methods, sampling techniques, and analysis procedures. The study utilizes both qualitative and quantitative research techniques to gather and analyze data on the implementation of blockchain technology in the selected supply chain context. The findings of the study reveal the impact of blockchain technology on enhancing traceability, transparency, and trust within supply chain operations. The discussion highlights the key insights gained from the case study, including the implications for supply chain stakeholders and the potential challenges in adopting blockchain technology in purchasing and supply processes. In conclusion, the thesis summarizes the key findings and contributions of the research, emphasizing the significance of blockchain technology in transforming supply chain management practices. The study underscores the importance of strategic planning, collaboration, and investment in technology infrastructure to maximize the benefits of blockchain in supply chain operations. Recommendations for future research and practical implications for industry stakeholders are also discussed. Overall, this thesis provides valuable insights into the application of blockchain technology in supply chain management, offering a roadmap for organizations seeking to leverage blockchain solutions to optimize their purchasing and supply processes.