Smart Contracts for Global Sourcing Arrangements

Jos van Hillegersberg; Jonas Hedman

doi:10.1007/978-3-030-66834-1_5

Smart Contracts for Global Sourcing Arrangements

Jos van Hillegersberg^*, Jonas Hedman

^*Corresponding author af dette arbejde

Institut for Digitalisering

Universiteit Twente

Publikation: Bidrag til bog/antologi/rapport › Konferencebidrag i proceedings › Forskning › peer review

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Abstract

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.

Originalsprog	Engelsk
Titel	Digital Technologies for Global Sourcing of Services : Proceedings of the 14th International Workshop on Global Sourcing of Information Technology and Business Processes. Global Sourcing 2019
Redaktører	Ilan Oshri, Julia Kotlarsky, Leslie P. Willcocks
Antal sider	11
Udgivelsessted	Cham
Forlag	Springer
Publikationsdato	2020
Sider	82-92
ISBN (Trykt)	9783030668334
ISBN (Elektronisk)	9783030668341
DOI	https://doi.org/10.1007/978-3-030-66834-1_5
Status	Udgivet - 2020
Begivenhed	14th International Workshop on Global Sourcing of Information Technology and Business Processes: Global Sourcing 2019 - Obergurg, Østrig Varighed: 18 dec. 2019 → 21 dec. 2019 Konferencens nummer: 14 http://www.globalsourcing.org.uk/workshop/

Workshop

Workshop	14th International Workshop on Global Sourcing of Information Technology and Business Processes
Nummer	14
Land/Område	Østrig
By	Obergurg
Periode	18/12/2019 → 21/12/2019
Internetadresse	http://www.globalsourcing.org.uk/workshop/

Navn	Lecture Notes in Business Information Processing
Vol/bind	410
ISSN	1865-1348

Emneord

Global outsourcing
Contracts
E-Contracting
Smart contracts
Semantic standards
Cognitive technology

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Hillegersberg, J. V., & Hedman, J. (2020). Smart Contracts for Global Sourcing Arrangements. I I. Oshri, J. Kotlarsky, & L. P. Willcocks (red.), Digital Technologies for Global Sourcing of Services: Proceedings of the 14th International Workshop on Global Sourcing of Information Technology and Business Processes. Global Sourcing 2019 (s. 82-92). Springer. https://doi.org/10.1007/978-3-030-66834-1_5

Hillegersberg, Jos van ; Hedman, Jonas. / Smart Contracts for Global Sourcing Arrangements. Digital Technologies for Global Sourcing of Services: Proceedings of the 14th International Workshop on Global Sourcing of Information Technology and Business Processes. Global Sourcing 2019. red. / Ilan Oshri ; Julia Kotlarsky ; Leslie P. Willcocks. Cham : Springer, 2020. s. 82-92 (Lecture Notes in Business Information Processing, Bind 410).

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title = "Smart Contracts for Global Sourcing Arrangements",

abstract = "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.",

keywords = "Global outsourcing, Contracts, E-Contracting, Smart contracts, Semantic standards, Cognitive technology, Global outsourcing, Contracts, E-Contracting, Smart contracts, Semantic standards, Cognitive technology",

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Hillegersberg, JV & Hedman, J 2020, Smart Contracts for Global Sourcing Arrangements. i I Oshri, J Kotlarsky & LP Willcocks (red), Digital Technologies for Global Sourcing of Services: Proceedings of the 14th International Workshop on Global Sourcing of Information Technology and Business Processes. Global Sourcing 2019. Springer, Cham , Lecture Notes in Business Information Processing, bind 410, s. 82-92, 14th International Workshop on Global Sourcing of Information Technology and Business Processes, Obergurg, Østrig, 18/12/2019. https://doi.org/10.1007/978-3-030-66834-1_5

Smart Contracts for Global Sourcing Arrangements. / Hillegersberg, Jos van; Hedman, Jonas.
Digital Technologies for Global Sourcing of Services: Proceedings of the 14th International Workshop on Global Sourcing of Information Technology and Business Processes. Global Sourcing 2019. red. / Ilan Oshri; Julia Kotlarsky; Leslie P. Willcocks. Cham : Springer, 2020. s. 82-92 (Lecture Notes in Business Information Processing, Bind 410).

Publikation: Bidrag til bog/antologi/rapport › Konferencebidrag i proceedings › Forskning › peer review

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AB - 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.

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Hillegersberg JV, Hedman J. Smart Contracts for Global Sourcing Arrangements. I Oshri I, Kotlarsky J, Willcocks LP, red., Digital Technologies for Global Sourcing of Services: Proceedings of the 14th International Workshop on Global Sourcing of Information Technology and Business Processes. Global Sourcing 2019. Cham : Springer. 2020. s. 82-92. (Lecture Notes in Business Information Processing, Bind 410). doi: 10.1007/978-3-030-66834-1_5