University Research Proposal: Blockchain in Supply Chain Management

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This report presents a research proposal focused on the application of blockchain technologies in supply chain management. The introduction highlights the increasing synergy between blockchain and supply chain management, emphasizing its role in eliminating data management errors, reducing inventory complexity, and minimizing supply costs. The research aims to investigate the growing adoption of blockchain, its impact on reducing complexity and errors, and its role in enhancing supply chain efficiency. The proposal outlines research questions exploring the importance of blockchain, its impact on inventory management, and its overall enhancement of supply chain processes. A hypothesis suggests that blockchain adoption increases advances in inventory management and reduces errors. The literature review references key studies, including Jacobs, Chase, and Lummus (2014) and Omran et al. (2017), to support the proposal's arguments. The research design includes primary and secondary data collection methods, with an emphasis on secondary data analysis and the use of questionnaires. Ethical considerations prioritize data authenticity and confidentiality. The report concludes with a list of references.
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RUNNING HEAD: block chain technologies in supply chain management
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Name of the student
Topic- Research proposal on block chain technologies in supply chain management
University Name-
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Table of Contents
Introduction...........................................................................................................................................2
Research aims and objectives................................................................................................................2
Research questions................................................................................................................................2
Hypothesis.............................................................................................................................................2
Literature review...................................................................................................................................2
Research design and methodologies......................................................................................................3
Ethical consideration.............................................................................................................................3
References.............................................................................................................................................4
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Block chain technologies in supply chain management
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Introduction
With the changes in technologies and increasing complexity of the busienss, use of
block chain technology develops synergetic relationship with logistic and supply chain
management. The block chain technologies in supply chain management play a critical role.
It not only eliminates the errors and issues in data management but also reduce the
complexity of the inventory management. The block chain technologies in supply chain
management identify issues faster minimize the supply cost in effective manner.
Research aims and objectives
It is proposed that research will undertake how the block chain technology in supply
chain management has gained momentum throughout the time. It is observed that block chain
technologies in supply chain management reduces the complexity and errors in multinational
company and implement effective working in determined approach.
Research questions
There are following research questions which would be undertaken for the research.
Why block chain technologies in supply chain management is important?
How block chain technologies could reduce the complexity and error in
inventory management as part of supply chain management?
How block chain technologies enhance the supply chain management?
Hypothesis
The use of block chain technologies in supply chain management increases the
advances in inventory management. It establishes automation in the inventory management
and reduces the errors and manual work.
Literature review
As per the perception of Jacobs, Chase and Lummus, (2014) it is reflected that block
chain technologies in supply chain management is advance working management which
helps organization to establish effective supply chain activities. It reduces the complexity and
errors in multinational company and implements effective value chain activities.
As stated by Omran, et al (2017) it is depicted that technology adoption of block chain
in supply chain management increases the installation of the software’s and up gradation of
the operating system in organization. It increases the risk vulnerability to manage the
business and simultaneously result to advancement in value chain activities.
As per the views of Korpela Hallikas and Dahlberg, (2017) it is revealed that block
chain technologies in supply chain management establish the closed networks of supply chain
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Block chain technologies in supply chain management
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which helps employees and management to establish effective communications and effective
working in value chain activities.
Research design and methodologies
All the data in the research would be collected by using primary and secondary
research methods. However, the main focus would be to use secondary data such as annual
reports, books and analysing the data of big companies. In addition to this, questionnaire and
survey method would also be used to collect the imperative data regarding the use of block
chain technologies in supply chain management (Litosseliti, 2017).
Ethical consideration
The data which could be collected in this research would be genuine and plagiarism
free. In addition to this, data privacy and confidentiality of the collected data would be the
high concern.
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References
Jacobs, F.R., Chase, R.B. and Lummus, R.R., 2014. Operations and supply chain
management (pp. 533-535). New York, NY: McGraw-Hill/Irwin.
Korpela, K., Hallikas, J. and Dahlberg, T., 2017, January. Digital supply chain transformation
toward blockchain integration. In proceedings of the 50th Hawaii international conference on
system sciences.
Litosseliti, L., 2017. Research methods in linguistics. Bloomsbury Publishing.
Omran, Y., Henke, M., Heines, R. and Hofmann, E., 2017. Blockchain-driven supply chain
finance: Towards a conceptual framework from a buyer perspective.
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