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28th Hawaii International Conference on System Sciences (HICSS'95)   p. 189
Modelling inter-organizational trade using Documentary Petri Nets

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DOI Bookmark: http://doi.ieeecomputersociety.org/10.1109/HICSS.1995.375561
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Abstract
Organizations engaging in electronic commerce typically are faced with defining detailed bilateral agreements between business partners. This implies that set-up costs for new electronic linkages can be quite high. There is a growing need to model and simulate this form of interorganizational interaction to lower these costs. The research presented contributes to this problem in two ways by: stipulating requirements on representation languages to be used for modelling trade procedures; and presenting a common graph-based representation language, Documentary Petri Nets, which satisfies these requirements. The practical implementation of Documentary Petri Net models is illustrated using a modelling environment, Case/Open-edi, a tool that may be used for the design and analysis of trade procedures. A simplified documentary credit procedure is used to give an example of such a Documentary Petri Net model. Finally, conclusions and directions for research are given.
Additional Information
Index Terms- electronic trading; financial data processing; digital simulation; Petri nets; knowledge representation; high level languages; electronic data interchange; inter-organizational trade modelling; Documentary Petri Nets; electronic commerce; bilateral agreements; business partners; set-up costs; electronic linkages; interorganizational interaction; modelling environment; trade procedures; common graph-based representation language; Case/Open-edi; simplified documentary credit procedure

Citation:  R.W.H. Bons, R.M. Lee, R.W. Wagenaar, C.D. Wrigley, "Modelling inter-organizational trade using Documentary Petri Nets," hicss, p. 189,  28th Hawaii International Conference on System Sciences (HICSS'95),  1995

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