Applying Blockchain Technology in Supply Chain Management: A Case Study in Purchasing and Supplier Management

Project Abstract

Blockchain technology has gained significant attention in recent years due to its potential to revolutionize various industries, including supply chain management. This research project aims to investigate the application of blockchain technology in enhancing purchasing and supplier management processes within supply chains. The study focuses on a case study approach to explore how blockchain can address the challenges and inefficiencies faced in traditional supply chain management practices. The research begins by providing an overview of the background and context of the study, highlighting the significance of adopting blockchain technology in supply chain management. A detailed literature review is conducted to examine existing studies and theories related to blockchain technology, supply chain management, purchasing, and supplier management. The review identifies key concepts, trends, and challenges in the field, setting the foundation for the empirical investigation. The research methodology section outlines the approach and methods used in the case study, including data collection techniques, sampling strategies, and data analysis procedures. The study incorporates both qualitative and quantitative data to gain a comprehensive understanding of the impact of blockchain technology on purchasing and supplier management processes. Findings from the case study are discussed in detail in the research results section, highlighting the benefits, challenges, and implications of implementing blockchain technology in supply chain management. The analysis focuses on key areas such as transparency, traceability, efficiency, and security in purchasing and supplier management activities. Based on the research findings, the study concludes with a summary of key insights and implications for practice. The research highlights the potential of blockchain technology to transform supply chain operations, improve transparency, enhance trust among stakeholders, and streamline purchasing and supplier management processes. The study contributes to the existing body of knowledge on blockchain technology in supply chain management and provides valuable insights for practitioners and researchers interested in adopting blockchain solutions in their organizations. Keywords Blockchain technology, Supply chain management, Purchasing, Supplier management, Case study, Transparency, Efficiency, Security.

Project Overview