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

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 investigates the implementation of blockchain technology in the context of purchasing and procurement within supply chain management. The study focuses on exploring the benefits, challenges, and implications of integrating blockchain technology into the purchasing and procurement processes of organizations. The research begins with a comprehensive introduction that sets the stage for the study by highlighting the growing importance of blockchain technology in supply chain management. The background of the study provides a detailed overview of the current state of purchasing and procurement practices and the potential for blockchain technology to enhance transparency, efficiency, and security in these processes. The problem statement identifies the gaps and challenges in traditional purchasing and procurement methods that can be addressed through the implementation of blockchain technology. The objectives of the study include examining the impact of blockchain technology on supply chain management, identifying the key factors influencing the successful implementation of blockchain in purchasing and procurement, and assessing the benefits and limitations of adopting blockchain technology in this context. The study also outlines the scope of the research, including the specific aspects of purchasing and procurement processes that will be investigated. Furthermore, the significance of the study lies in its potential to contribute to the existing body of knowledge on blockchain technology and supply chain management. By conducting a detailed analysis of the implementation of blockchain in purchasing and procurement, this research aims to provide valuable insights for organizations looking to leverage blockchain technology to enhance their supply chain operations. The structure of the thesis is outlined to guide the reader through the different chapters and sections of the research. It includes a breakdown of the contents of each chapter, from the introduction to the conclusion, to provide a clear overview of the flow of the study. Additionally, key terms and definitions related to blockchain technology, purchasing, procurement, and supply chain management are provided to ensure clarity and understanding throughout the thesis. The literature review chapter delves into existing research and scholarly works related to blockchain technology, supply chain management, purchasing, and procurement. It examines the theoretical foundations and practical applications of blockchain in the context of supply chain operations, highlighting key findings, trends, and gaps in the literature. The research methodology chapter outlines the research design, data collection methods, sampling techniques, and data analysis procedures employed in the study. It also discusses the ethical considerations and limitations of the research, providing a comprehensive overview of the methodology used to investigate the research questions. The discussion of findings chapter presents the results of the study, analyzing the data collected and interpreting the findings in relation to the research objectives. It explores the implications of the findings for theory and practice, offering insights into the potential benefits and challenges of implementing blockchain technology in purchasing and procurement processes. Finally, the conclusion and summary chapter provide a comprehensive overview of the key findings, implications, and recommendations derived from the study. It summarizes the main contributions of the research, highlights areas for future research, and concludes with a reflection on the significance of the study in advancing knowledge in the field of supply chain management and blockchain technology. In conclusion, this thesis contributes to the existing literature on blockchain technology in supply chain management by investigating its implementation in purchasing and procurement processes. The study offers valuable insights for organizations seeking to enhance the transparency, efficiency, and security of their supply chain operations through the adoption of blockchain technology.