Implementation of Blockchain Technology in Supply Chain Management: A Case Study in the Retail Industry

Thesis Abstract

Abstract
This thesis explores the implementation of blockchain technology in supply chain management, focusing on a case study within the retail industry. Blockchain technology has gained significant attention in recent years for its potential to revolutionize traditional supply chain processes by enhancing transparency, traceability, and security. The retail industry, with its complex network of suppliers, distributors, and retailers, stands to benefit greatly from the adoption of blockchain technology to streamline operations and improve efficiency. The study begins with an introduction to the concept of blockchain technology and its relevance to supply chain management. The background of the study provides an overview of the current challenges faced by the retail industry in managing its supply chain, highlighting the need for innovative solutions such as blockchain technology. The problem statement identifies the gaps and limitations in existing supply chain practices that blockchain technology can address, leading to the formulation of research objectives aimed at investigating the impact of blockchain implementation in a retail supply chain context. The research methodology section outlines the approach taken to conduct the case study, including data collection methods, sampling techniques, and data analysis procedures. Through a comprehensive literature review, the study examines existing research on blockchain technology in supply chain management, identifying key themes and trends that inform the analysis of the case study findings. The case study presents a detailed examination of the implementation of blockchain technology in a real-world retail supply chain scenario, highlighting the benefits and challenges encountered during the process. The discussion of findings section analyzes the implications of blockchain integration on supply chain transparency, efficiency, and cost-effectiveness, drawing on empirical evidence to support the research findings. In conclusion, the study summarizes the key findings and insights from the case study, emphasizing the significance of blockchain technology in transforming supply chain operations within the retail industry. The thesis contributes to the existing body of knowledge on blockchain technology and supply chain management by providing practical insights and recommendations for organizations looking to adopt blockchain solutions in their supply chain processes. Overall, this thesis serves as a valuable resource for academics, practitioners, and industry professionals interested in understanding the potential of blockchain technology to drive innovation and efficiency in supply chain management, with a specific focus on the retail sector.