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

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 supply chain management processes, with a focus on the purchasing process. The study presents a case study that explores how blockchain can streamline and secure purchasing activities within the supply chain. The research begins with an introduction to the concept of blockchain technology and its relevance to supply chain management. It discusses the background of the study, highlighting the increasing importance of efficient and transparent supply chain operations. The problem statement identifies the challenges faced in traditional purchasing processes and the potential benefits of integrating blockchain technology. The objectives of the study include evaluating the impact of blockchain on supply chain efficiency, analyzing the implementation challenges, and assessing the benefits of blockchain adoption in the purchasing process. The study acknowledges the limitations of the research, such as the focus on a specific case study and the rapidly evolving nature of blockchain technology. The scope of the study encompasses a detailed examination of how blockchain can enhance transparency, traceability, and security in the purchasing process. The significance of the study lies in its contribution to the understanding of blockchain applications in supply chain management and its potential to drive innovation and efficiency in purchasing operations. The structure of the thesis is outlined, providing a roadmap for the subsequent chapters. The definition of key terms related to blockchain technology and supply chain management is provided to establish a common understanding of the concepts discussed in the study. The literature review explores existing research on blockchain technology in supply chain management, highlighting key findings and gaps in the literature. The research methodology chapter outlines the research design, data collection methods, and analysis techniques employed in the study. The discussion of findings chapter presents the results of the case study, examining the impact of blockchain technology on the purchasing process. It discusses the implications of the findings and offers recommendations for practitioners and policymakers. In conclusion, the study summarizes the key findings, discusses their implications for practice, and suggests areas for further research. The thesis contributes to the growing body of knowledge on blockchain technology in supply chain management and provides insights into the practical implementation of blockchain solutions in the purchasing process.