Implementing Blockchain Technology in Supply Chain Management for Improved Transparency and Efficiency in Purchasing and Supply Processes

Thesis Abstract

Abstract
Blockchain technology has gained significant attention in recent years for its potential to revolutionize various industries, including supply chain management. This thesis explores the implementation of blockchain technology in supply chain management to enhance transparency and efficiency in purchasing and supply processes. The study aims to address the growing need for improved transparency and efficiency in supply chains, particularly in the context of increasing globalization and complexity of supply networks. Chapter 1 provides an introduction to the research topic, presenting the background of the study, problem statement, objectives, limitations, scope, significance, and structure of the thesis. The chapter also includes definitions of key terms to provide a clear understanding of the research context. Chapter 2 comprises a comprehensive literature review that analyzes existing studies, frameworks, and models related to blockchain technology in supply chain management. The review covers ten key aspects, including the benefits of blockchain in supply chain management, challenges, adoption factors, and successful case studies. Chapter 3 outlines the research methodology employed in this study. It includes detailed descriptions of the research design, data collection methods, sampling techniques, data analysis procedures, and ethical considerations. The chapter also discusses the limitations and potential biases associated with the research methodology. In Chapter 4, the findings of the study are presented and discussed in detail. The analysis focuses on the impact of implementing blockchain technology on transparency and efficiency in purchasing and supply processes. The chapter explores the practical implications of blockchain adoption, challenges faced during implementation, and strategies for overcoming barriers to adoption. Chapter 5 concludes the thesis by summarizing the key findings, implications, and contributions of the study. The conclusion highlights the significance of implementing blockchain technology in enhancing transparency and efficiency within supply chain management. Recommendations for future research and practical applications of the study findings are also provided. Overall, this thesis contributes to the existing body of knowledge on blockchain technology in supply chain management and provides valuable insights for practitioners, policymakers, and researchers interested in leveraging blockchain for improved transparency and efficiency in purchasing and supply processes.