Figure 1 - uploaded by Ronald Lee
Content may be subject to copyright.
A simplified Documentary Credit Procedure.

A simplified Documentary Credit Procedure.

Similar publications

Article
Full-text available
Available online at: http://www.worldscientificnews.com/wp-content/uploads/2017/05/WSN-78-2017-226-232.pdf The globalization processes of the economies worldwide and the dynamic development of trade and international cooperation create new conditions and threats, under which countries and socialpolitical-economic organizations (e.g. EU) must oper...

Citations

... The insurance company must be paid by the shipper, so the value model must be adapted to this as well, and this in turn creates additional activities and service provisions in the coordination process. The more trust assumptions we drop, the more complex the coordination processes and value model become, and the closer they get to the actual procedures for overseas trade [5]. ...
Conference Paper
The rapid growth of service coordination languages creates a need for methodological support for coordination design. Coordination design differs from workflow design because a coordination process connects different businesses that can each make design decisions independently from the others, and no business is interested in supporting the business processes of others. In multi-business cooperative design, design decisions are only supported by all businesses if they contribute to the profitability of each participating business. So in order to make coordination design decisions supported by all participating businesses, requirements for a coordination process should be derived from the business model that makes the coordination profitable for each participating business. We claim that this business model is essentially a model of intended value exchanges. We model the intended value exchanges of a business model as e3 -value value models and coordination processes as UML activity diagrams. The contribution of the paper is then to propose and discuss a criterion according to which a service coordination process must be correct with respect to a value exchange model. This correctness is necessary to gain business support for the process. Finally, we discuss methodological consequences of this approach for service coordination process design.
... According to [Bons/ Lee/ Wagenaar, 1994] two kinds or electronic documents may be distinguished in international trade: Roles and examples of performative documents in Electronic Commerce comprise of orders, order acknowledgments and contracts or agreements. Negotiable documents on the other hand comprise of checks or figurative money bills, which give the owner certain rights such as the ability to pay. ...
Chapter
To take the opportunities that electronic communication via open networks brings with it, business community needs clear, stable, secure and trustworthy environment. Creating secure and trustworthy environment required both technical and legal solutions. This chapter addresses selected legal aspects of electronic commerce. They cover major legal issues connected with choice of jurisdiction forum and applicable law, protection of data and intellectual property rights, concluding electronic contracts.
Article
Purpose The purpose of the paper is to provide a conceptual/theoretical foundation to enhance the body of knowledge related to supply chain interdependence and technology‐enabled coordination. Design/methodology/approach The paper heavily engaged itself in the theory/literature related to coordination theory, interdependence theory, interdependence, coordination and supply chain technologies to formulate the theoretical propositions. Findings From the literature/theoretical bases, the paper derived a total (include sub‐components) of eight theoretical propositions related to interdependence, coordination and technology enablers. Research limitations/implications While technology enabled‐coordination is central to supply chain management, there is a lack of a prescriptive view present in the literature. By deriving insights from the rich literature related to coordination theory and interdependence theory, we provide a theoretical foundation for future research to enhance the body of knowledge related to the systematic application of technology to foster the appropriate coordination strategy. Practical implications Although empirical support is warranted, the proposed concepts related to technology‐enabled coordination offer pragmatic advice to managers. Originality/value The paper provides a theoretical foundation for future research to enhance the body of knowledge related to the systematic application of technology to foster the appropriate coordination strategies.
Article
Current interorganizational systems literature focuses on describing the role of information technology in enabling the transition from interfirm competition to cooperation. This article points out that the promise of IT-enabled cooperation, if not nurtured, can degenerate into conflict. The objective of this article is to identify possible risks of conflict in the IOS arena and to suggest strategies for minimizing the likelihood of such conflict. It does so by developing a typology for characterizing IOS along the dimension of interorganization interdependency in interfirm relationships. This typology classifies interorganizational systems into three types: pooled information resource IOS, value/supply chain IOS, and networked IOS. By examining the characteristics of these three types of IOSs the article identifies the economic, technical, and socio-political arguments for potential conflict in these systems. The identification of the risks, in turn, leads to a discussion of possible strategies for containing these risks. The article finally suggests that if the intended benefits of the collaboration are to be realized and sustained, corporate "statesmen" need to nurture the cooperation by anticipating these risks and managing them proactively.
Conference Paper
This paper proposes a graphical UI, a CASE tool, for the purpose of specifying and representing trade information, common in electronic commerce. The semantic and structural information associated with trade instances can be extremely complex. Far example, the formal property of Petri nets can be used to represent the different traders' roles or to identify the various trade procedures that will lead to deadlock situations. A simple and intuitive graphical user interface that can represent and characterize the organization of the trade documents is therefore considered useful in facilitating electronic commerce
Conference Paper
The practical contribution of this research is to remove the UI behavioural conflicts existing in a compound software environment. From the user point of view, editing text in a spreadsheet cell should not be any different from editing text in a text editor or any other integrated software package. However this is not always the case since different UI applications may inherit different UI techniques and behaviours. In this paper, an extended object-oriented model and Documentary Petri Net (DPN) are used to model an `adaptable user interface' system. In doing so, rule-bases can be added to the DPN model allowing automatic reasoning about the user interface behaviours. Furthermore, formal properties of UI behaviours such as `liveness' and `boundedness' can be analyzed by using algorithms based on the formal properties of Petri Nets