Smart Contracts for Global Sourcing Arrangements

Jos van Hillegersberg, Jonas Hedman

Publikation: KonferencebidragPaperForskningpeer review

Abstrakt

While global sourcing arrangements are highly complex and usually represent large value to the partners, little is known of the use of e-contracts or smart contracts and contract management systems to enhance the contract management process. In this paper we assess the potential of emerging technologies for global sourcing. We review current sourcing contract issues and evaluate three technologies that have been applied to enhance contracting processes. These are (1) semantic standardisation, (2) cognitive technologies and (3) smart contracts and blockchain. We discuss that each of these seem to have their merit for contract management and potentially can contribute to contract management in more complex and dynamic sourcing arrangements. The combination and configuration in which these three technologies will provide value to sourcing should be on the agenda for future research in sourcing contract management.
OriginalsprogEngelsk
Publikationsdato2019
Antal sider15
StatusUdgivet - 2019
Begivenhed14th Global Sourcing Workshop - Universitätszentrum Obergurgl, Obergurgl, Østrig
Varighed: 18 dec. 201921 dec. 2019
Konferencens nummer: 14
http://www.globalsourcing.org.uk/workshop/

Konference

Konference14th Global Sourcing Workshop
Nummer14
LokationUniversitätszentrum Obergurgl
LandØstrig
ByObergurgl
Periode18/12/201921/12/2019
Internetadresse

Emneord

  • Global outsourcing
  • Contracts
  • E-contracting
  • Smart contracts
  • Semantic standards
  • Cognitive technology

Citationsformater