Thesis Abstract

Abstract
Blockchain technology has emerged as a disruptive innovation with the potential to transform various industries, including supply chain management. This thesis explores the application of blockchain technology in supply chain management to enhance transparency and efficiency in purchasing processes. The research investigates the benefits of blockchain in addressing the challenges faced by traditional supply chain systems, such as information asymmetry, lack of traceability, and inefficiencies in procurement. The study begins with an introduction that outlines the background of the research, identifies the problem statement, and sets out the objectives of the study. The limitations and scope of the research are also defined, highlighting the significance of applying blockchain technology in supply chain management. The structure of the thesis is presented to guide the reader through the research framework, followed by a comprehensive definition of key terms used throughout the study. Chapter two provides a detailed literature review on blockchain technology, supply chain management, and purchasing processes. The review examines existing studies and industry practices to identify the potential benefits and challenges of implementing blockchain in supply chain operations. Key themes explored include transparency, traceability, data security, and operational efficiencies in procurement processes. Chapter three outlines the research methodology employed to investigate the application of blockchain in supply chain management. The methodology includes data collection techniques, research design, sampling methods, and data analysis procedures. The chapter also discusses the ethical considerations and limitations of the research methodology to ensure the validity and reliability of the findings. Chapter four presents the findings of the study, analyzing the impact of blockchain technology on transparency and efficiency in purchasing processes within the supply chain. The results highlight the benefits of blockchain in enhancing data integrity, reducing transaction costs, improving supply chain visibility, and streamlining procurement operations. Case studies and empirical evidence are used to illustrate the practical implementation of blockchain solutions in supply chain management. Finally, chapter five offers a conclusion and summary of the research findings, emphasizing the significance of blockchain technology in revolutionizing supply chain management practices. The study concludes with recommendations for future research and practical implications for industry stakeholders looking to adopt blockchain solutions for improved transparency and efficiency in purchasing processes. In conclusion, this thesis contributes to the growing body of knowledge on the application of blockchain technology in supply chain management. By exploring the potential of blockchain to enhance transparency and efficiency in purchasing processes, this research aims to inform stakeholders about the benefits of adopting blockchain solutions in modern supply chain operations.

Thesis Overview

The research project titled "Application of Blockchain Technology in Supply Chain Management for Improved Transparency and Efficiency in Purchasing Processes" aims to investigate the potential benefits and challenges associated with the integration of blockchain technology in supply chain management. This study is motivated by the increasing need for transparency, security, and efficiency in purchasing processes, particularly in the context of complex supply chains where multiple stakeholders are involved. The project will begin by providing an introduction to the concept of blockchain technology and its relevance to supply chain management. It will delve into the background of the study, highlighting the current challenges faced in traditional supply chain processes, such as lack of transparency, data inaccuracies, and inefficiencies. The problem statement will outline the specific issues that this research seeks to address, emphasizing the importance of improving transparency and efficiency in purchasing processes. The objectives of the study will be clearly defined, focusing on investigating how blockchain technology can enhance transparency, security, and efficiency in supply chain management. The limitations of the study will also be acknowledged to provide a realistic scope of the research. The scope of the study will be outlined, detailing the specific areas of supply chain management that will be explored in relation to blockchain technology. The significance of the study will be emphasized, highlighting the potential impact of implementing blockchain technology in supply chain management practices. The structure of the thesis will be presented to provide a roadmap of how the research will be organized and presented. Additionally, key terms and concepts related to blockchain technology and supply chain management will be defined to ensure clarity and understanding throughout the study. The literature review will explore existing research and theories related to blockchain technology, supply chain management, and purchasing processes. It will analyze previous studies, frameworks, and models to gain insights into the benefits and challenges of integrating blockchain in supply chains. The review will cover a wide range of topics, including blockchain technology principles, supply chain transparency, data security, and process efficiency. The research methodology will be detailed, outlining the approach, data collection methods, and analysis techniques that will be employed in the study. Various research methods, such as case studies, surveys, and interviews, may be utilized to gather data and insights from industry experts, supply chain practitioners, and relevant stakeholders. The methodology will be designed to ensure the validity and reliability of the research findings. The discussion of findings chapter will present the results of the research, including the analysis of data, key findings, and insights gained from the study. It will explore how blockchain technology can be effectively applied to enhance transparency and efficiency in purchasing processes within supply chains. The implications of the findings will be discussed, along with potential recommendations for industry practitioners and policymakers. In conclusion, the research project will summarize the key findings, implications, and contributions to the field of supply chain management. It will reiterate the significance of integrating blockchain technology for improved transparency and efficiency in purchasing processes. The conclusion will also highlight areas for future research and development in this rapidly evolving field.