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 explores the implementation of blockchain technology in supply chain management for Small and Medium Enterprises (SMEs). The objective of this research is to investigate the benefits, challenges, and implications of integrating blockchain technology into the supply chain processes of SMEs. The study begins by providing an overview of blockchain technology and its applications in supply chain management. The background of the study highlights the increasing complexity and global nature of supply chains, emphasizing the need for innovative solutions to enhance transparency, efficiency, and security. The problem statement identifies the existing gaps and limitations in traditional supply chain systems that blockchain technology could address. Through a comprehensive literature review, this research examines previous studies, frameworks, and case studies related to blockchain technology in supply chain management. The review identifies key factors influencing the successful implementation of blockchain in SME supply chains, such as trust, data integrity, interoperability, and scalability. The research methodology section outlines the research design, data collection methods, and analysis techniques used in this study. By conducting interviews, surveys, and case studies with SMEs and industry experts, the study aims to gather empirical data to evaluate the impact of blockchain technology on supply chain operations and performance. The findings from the research highlight the potential benefits of implementing blockchain technology in SME supply chains, including enhanced traceability, reduced costs, improved inventory management, and increased trust among stakeholders. However, the study also identifies challenges such as regulatory barriers, technical complexity, and resource constraints that SMEs may face when adopting blockchain solutions. The discussion of findings delves into the implications of the study results and provides recommendations for SMEs looking to integrate blockchain technology into their supply chain processes. The conclusion summarizes the key findings, implications, and contributions of this research, emphasizing the importance of strategic planning, collaboration, and innovation in leveraging blockchain technology for sustainable supply chain management in SMEs. Overall, this thesis contributes to the growing body of knowledge on blockchain technology in supply chain management and provides valuable insights for SMEs seeking to enhance their competitiveness and resilience in an increasingly digital and interconnected business environment.

Thesis Overview

The project titled "Implementing Blockchain Technology in Supply Chain Management for Small and Medium Enterprises (SMEs)" aims to explore the application of blockchain technology in enhancing supply chain management processes specifically tailored for Small and Medium Enterprises (SMEs). In recent years, blockchain technology has gained significant attention for its potential to revolutionize various industries by providing transparency, security, and efficiency in data management and transactions. However, its application in supply chain management, particularly for SMEs, remains relatively unexplored. This research project seeks to address this gap by investigating how blockchain technology can be effectively implemented to optimize supply chain operations for SMEs. The study will delve into the fundamental concepts of blockchain technology and its key features that make it suitable for supply chain management. By examining existing literature on blockchain technology and supply chain management, the project aims to identify the potential benefits and challenges of integrating blockchain into the supply chain processes of SMEs. The research will also explore the specific requirements of SMEs in implementing blockchain technology, considering their unique characteristics such as limited resources, scalability issues, and technological capabilities. By conducting a detailed analysis of the current supply chain practices within SMEs, the study aims to identify areas where blockchain technology can be most beneficial and provide practical recommendations for its successful implementation. Furthermore, the project will investigate the impact of blockchain technology on supply chain transparency, traceability, security, and overall operational efficiency within SMEs. By conducting interviews, surveys, and case studies with SMEs that have implemented blockchain in their supply chain processes, the research aims to evaluate the real-world implications and outcomes of adopting this technology. Overall, this research project seeks to contribute to the existing body of knowledge on blockchain technology and supply chain management by providing valuable insights and recommendations for SMEs looking to leverage blockchain for enhancing their supply chain operations. Through a comprehensive analysis of the opportunities and challenges associated with implementing blockchain technology in SME supply chains, this study aims to offer practical guidance for SMEs seeking to stay competitive and efficient in an increasingly digital and interconnected business environment.