{"id":"https://openalex.org/W3032201631","doi":"https://doi.org/10.1109/access.2020.2995851","title":"Improving Business Process Efficiency for Supply Chain Finance: Empirical Analysis and Optimization Based on Stochastic Petri Net","display_name":"Improving Business Process Efficiency for Supply Chain Finance: Empirical Analysis and Optimization Based on Stochastic Petri Net","publication_year":2020,"publication_date":"2020-01-01","ids":{"openalex":"https://openalex.org/W3032201631","doi":"https://doi.org/10.1109/access.2020.2995851","mag":"3032201631"},"language":"en","primary_location":{"id":"doi:10.1109/access.2020.2995851","is_oa":true,"landing_page_url":"https://doi.org/10.1109/access.2020.2995851","pdf_url":"https://ieeexplore.ieee.org/ielx7/6287639/8948470/09099385.pdf","source":{"id":"https://openalex.org/S2485537415","display_name":"IEEE Access","issn_l":"2169-3536","issn":["2169-3536"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Access","raw_type":"journal-article"},"type":"article","indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://ieeexplore.ieee.org/ielx7/6287639/8948470/09099385.pdf","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5091031432","display_name":"Xuhong Ye","orcid":"https://orcid.org/0000-0003-1972-5485"},"institutions":[{"id":"https://openalex.org/I55712492","display_name":"Zhejiang University of Technology","ror":"https://ror.org/02djqfd08","country_code":"CN","type":"education","lineage":["https://openalex.org/I55712492"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Xuhong Ye","raw_affiliation_strings":["School of Management, Zhejiang University of Technology, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"School of Management, Zhejiang University of Technology, Hangzhou, China","institution_ids":["https://openalex.org/I55712492"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5008648756","display_name":"Dongbo Ge","orcid":null},"institutions":[{"id":"https://openalex.org/I55712492","display_name":"Zhejiang University of Technology","ror":"https://ror.org/02djqfd08","country_code":"CN","type":"education","lineage":["https://openalex.org/I55712492"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Dongbo Ge","raw_affiliation_strings":["School of Management, Zhejiang University of Technology, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"School of Management, Zhejiang University of Technology, Hangzhou, China","institution_ids":["https://openalex.org/I55712492"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5057471179","display_name":"Xueting Bian","orcid":null},"institutions":[{"id":"https://openalex.org/I55712492","display_name":"Zhejiang University of Technology","ror":"https://ror.org/02djqfd08","country_code":"CN","type":"education","lineage":["https://openalex.org/I55712492"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Xueting Bian","raw_affiliation_strings":["School of Management, Zhejiang University of Technology, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"School of Management, Zhejiang University of Technology, Hangzhou, China","institution_ids":["https://openalex.org/I55712492"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5058750414","display_name":"Qike Xu","orcid":null},"institutions":[{"id":"https://openalex.org/I55712492","display_name":"Zhejiang University of Technology","ror":"https://ror.org/02djqfd08","country_code":"CN","type":"education","lineage":["https://openalex.org/I55712492"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Qike Xu","raw_affiliation_strings":["School of Management, Zhejiang University of Technology, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"School of Management, Zhejiang University of Technology, Hangzhou, China","institution_ids":["https://openalex.org/I55712492"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5103276663","display_name":"Yun Zhou","orcid":"https://orcid.org/0000-0002-0880-7701"},"institutions":[{"id":"https://openalex.org/I76130692","display_name":"Zhejiang University","ror":"https://ror.org/00a2xv884","country_code":"CN","type":"education","lineage":["https://openalex.org/I76130692"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Yun Zhou","raw_affiliation_strings":["School of Management, Zhejiang University, Hangzhou, China"],"affiliations":[{"raw_affiliation_string":"School of Management, Zhejiang University, Hangzhou, China","institution_ids":["https://openalex.org/I76130692"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":5,"corresponding_author_ids":["https://openalex.org/A5091031432"],"corresponding_institution_ids":["https://openalex.org/I55712492"],"apc_list":{"value":1850,"currency":"USD","value_usd":1850},"apc_paid":{"value":1850,"currency":"USD","value_usd":1850},"fwci":0.5421,"has_fulltext":true,"cited_by_count":7,"citation_normalized_percentile":{"value":0.73118348,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":96},"biblio":{"volume":"8","issue":null,"first_page":"98430","last_page":"98448"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10551","display_name":"Scheduling and Optimization Algorithms","score":0.992900013923645,"subfield":{"id":"https://openalex.org/subfields/2209","display_name":"Industrial and Manufacturing Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10551","display_name":"Scheduling and Optimization Algorithms","score":0.992900013923645,"subfield":{"id":"https://openalex.org/subfields/2209","display_name":"Industrial and Manufacturing Engineering"},"field":{"id":"https://openalex.org/fields/22","display_name":"Engineering"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T10328","display_name":"Supply Chain and Inventory Management","score":0.9905999898910522,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10703","display_name":"Business Process Modeling and Analysis","score":0.9901999831199646,"subfield":{"id":"https://openalex.org/subfields/1404","display_name":"Management Information Systems"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/petri-net","display_name":"Petri net","score":0.8802547454833984},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.7708285450935364},{"id":"https://openalex.org/keywords/supply-chain","display_name":"Supply chain","score":0.6532694697380066},{"id":"https://openalex.org/keywords/stochastic-petri-net","display_name":"Stochastic Petri net","score":0.638355016708374},{"id":"https://openalex.org/keywords/workflow","display_name":"Workflow","score":0.5308870673179626},{"id":"https://openalex.org/keywords/process","display_name":"Process (computing)","score":0.5077122449874878},{"id":"https://openalex.org/keywords/business-process","display_name":"Business process","score":0.4990713596343994},{"id":"https://openalex.org/keywords/process-architecture","display_name":"Process architecture","score":0.46435073018074036},{"id":"https://openalex.org/keywords/dependency","display_name":"Dependency (UML)","score":0.43504977226257324},{"id":"https://openalex.org/keywords/operations-research","display_name":"Operations research","score":0.3857307434082031},{"id":"https://openalex.org/keywords/work-in-process","display_name":"Work in process","score":0.3429434299468994},{"id":"https://openalex.org/keywords/distributed-computing","display_name":"Distributed computing","score":0.28618288040161133},{"id":"https://openalex.org/keywords/operations-management","display_name":"Operations management","score":0.12017777562141418},{"id":"https://openalex.org/keywords/artificial-intelligence","display_name":"Artificial intelligence","score":0.10979145765304565},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.09891209006309509},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.0942002534866333},{"id":"https://openalex.org/keywords/engineering","display_name":"Engineering","score":0.08263558149337769}],"concepts":[{"id":"https://openalex.org/C38677869","wikidata":"https://www.wikidata.org/wiki/Q724168","display_name":"Petri net","level":2,"score":0.8802547454833984},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.7708285450935364},{"id":"https://openalex.org/C108713360","wikidata":"https://www.wikidata.org/wiki/Q1824206","display_name":"Supply chain","level":2,"score":0.6532694697380066},{"id":"https://openalex.org/C197551870","wikidata":"https://www.wikidata.org/wiki/Q7617809","display_name":"Stochastic Petri net","level":3,"score":0.638355016708374},{"id":"https://openalex.org/C177212765","wikidata":"https://www.wikidata.org/wiki/Q627335","display_name":"Workflow","level":2,"score":0.5308870673179626},{"id":"https://openalex.org/C98045186","wikidata":"https://www.wikidata.org/wiki/Q205663","display_name":"Process (computing)","level":2,"score":0.5077122449874878},{"id":"https://openalex.org/C85345410","wikidata":"https://www.wikidata.org/wiki/Q851587","display_name":"Business process","level":3,"score":0.4990713596343994},{"id":"https://openalex.org/C136155141","wikidata":"https://www.wikidata.org/wiki/Q7247260","display_name":"Process architecture","level":3,"score":0.46435073018074036},{"id":"https://openalex.org/C19768560","wikidata":"https://www.wikidata.org/wiki/Q320727","display_name":"Dependency (UML)","level":2,"score":0.43504977226257324},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.3857307434082031},{"id":"https://openalex.org/C174998907","wikidata":"https://www.wikidata.org/wiki/Q357662","display_name":"Work in process","level":2,"score":0.3429434299468994},{"id":"https://openalex.org/C120314980","wikidata":"https://www.wikidata.org/wiki/Q180634","display_name":"Distributed computing","level":1,"score":0.28618288040161133},{"id":"https://openalex.org/C21547014","wikidata":"https://www.wikidata.org/wiki/Q1423657","display_name":"Operations management","level":1,"score":0.12017777562141418},{"id":"https://openalex.org/C154945302","wikidata":"https://www.wikidata.org/wiki/Q11660","display_name":"Artificial intelligence","level":1,"score":0.10979145765304565},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.09891209006309509},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.0942002534866333},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.08263558149337769},{"id":"https://openalex.org/C111919701","wikidata":"https://www.wikidata.org/wiki/Q9135","display_name":"Operating system","level":1,"score":0.0},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.0},{"id":"https://openalex.org/C77088390","wikidata":"https://www.wikidata.org/wiki/Q8513","display_name":"Database","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1109/access.2020.2995851","is_oa":true,"landing_page_url":"https://doi.org/10.1109/access.2020.2995851","pdf_url":"https://ieeexplore.ieee.org/ielx7/6287639/8948470/09099385.pdf","source":{"id":"https://openalex.org/S2485537415","display_name":"IEEE Access","issn_l":"2169-3536","issn":["2169-3536"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Access","raw_type":"journal-article"},{"id":"pmh:oai:doaj.org/article:8ead5733161540369e637632fa8a14fb","is_oa":true,"landing_page_url":"https://doaj.org/article/8ead5733161540369e637632fa8a14fb","pdf_url":null,"source":{"id":"https://openalex.org/S112646816","display_name":"SHILAP Revista de lepidopterolog\u00eda","issn_l":"0300-5267","issn":["0300-5267","2340-4078"],"is_oa":true,"is_in_doaj":true,"is_core":false,"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"IEEE Access, Vol 8, Pp 98430-98448 (2020)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.1109/access.2020.2995851","is_oa":true,"landing_page_url":"https://doi.org/10.1109/access.2020.2995851","pdf_url":"https://ieeexplore.ieee.org/ielx7/6287639/8948470/09099385.pdf","source":{"id":"https://openalex.org/S2485537415","display_name":"IEEE Access","issn_l":"2169-3536","issn":["2169-3536"],"is_oa":true,"is_in_doaj":true,"is_core":true,"host_organization":"https://openalex.org/P4310319808","host_organization_name":"Institute of Electrical and Electronics Engineers","host_organization_lineage":["https://openalex.org/P4310319808"],"host_organization_lineage_names":["Institute of Electrical and Electronics Engineers"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"IEEE Access","raw_type":"journal-article"},"sustainable_development_goals":[],"awards":[{"id":"https://openalex.org/G1084572967","display_name":null,"funder_award_id":"2019YFB1","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G1121271761","display_name":null,"funder_award_id":"Program","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G1231421488","display_name":null,"funder_award_id":"under","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G2087396116","display_name":null,"funder_award_id":"China","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G2942911309","display_name":null,"funder_award_id":"2019012","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G3317480652","display_name":null,"funder_award_id":"Science","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G3744313044","display_name":null,"funder_award_id":"Social","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G391238517","display_name":null,"funder_award_id":", and","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G5169721444","display_name":null,"funder_award_id":"201901","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G5994120800","display_name":null,"funder_award_id":"Natural","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G8306587326","display_name":null,"funder_award_id":"71942004","funder_id":"https://openalex.org/F4320321001","funder_display_name":"National Natural Science Foundation of China"},{"id":"https://openalex.org/G8623090617","display_name":null,"funder_award_id":"2019YFB1404901","funder_id":"https://openalex.org/F4320335777","funder_display_name":"National Key Research and Development Program of China"}],"funders":[{"id":"https://openalex.org/F4320321001","display_name":"National Natural Science Foundation of China","ror":"https://ror.org/01h0zpd94"},{"id":"https://openalex.org/F4320321106","display_name":"Ministry of Education of the People's Republic of China","ror":"https://ror.org/01mv9t934"},{"id":"https://openalex.org/F4320335777","display_name":"National Key Research and Development Program of China","ror":null}],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W3032201631.pdf","grobid_xml":"https://content.openalex.org/works/W3032201631.grobid-xml"},"referenced_works_count":57,"referenced_works":["https://openalex.org/W1563423452","https://openalex.org/W1582168921","https://openalex.org/W1606838974","https://openalex.org/W1906324884","https://openalex.org/W1974612300","https://openalex.org/W1981182823","https://openalex.org/W1983277437","https://openalex.org/W1993317709","https://openalex.org/W1994597507","https://openalex.org/W2004658524","https://openalex.org/W2007016797","https://openalex.org/W2014130234","https://openalex.org/W2036953604","https://openalex.org/W2042175319","https://openalex.org/W2043074299","https://openalex.org/W2048945213","https://openalex.org/W2049521820","https://openalex.org/W2056481414","https://openalex.org/W2061770623","https://openalex.org/W2062052233","https://openalex.org/W2074548633","https://openalex.org/W2083099459","https://openalex.org/W2086731826","https://openalex.org/W2091639130","https://openalex.org/W2093064243","https://openalex.org/W2102682404","https://openalex.org/W2131593180","https://openalex.org/W2143674102","https://openalex.org/W2160235054","https://openalex.org/W2198933021","https://openalex.org/W2262045434","https://openalex.org/W2283668056","https://openalex.org/W2325555455","https://openalex.org/W2342352000","https://openalex.org/W2347027255","https://openalex.org/W2508086887","https://openalex.org/W2530196882","https://openalex.org/W2560517947","https://openalex.org/W2568297495","https://openalex.org/W2594563654","https://openalex.org/W2741457716","https://openalex.org/W2747721347","https://openalex.org/W2775719470","https://openalex.org/W2782609450","https://openalex.org/W2890984982","https://openalex.org/W2893594575","https://openalex.org/W2904830576","https://openalex.org/W2941650918","https://openalex.org/W2953645387","https://openalex.org/W2965155801","https://openalex.org/W2965218277","https://openalex.org/W2971920648","https://openalex.org/W2971940935","https://openalex.org/W2973021875","https://openalex.org/W2999501513","https://openalex.org/W3002989136","https://openalex.org/W3121549740"],"related_works":["https://openalex.org/W1543378523","https://openalex.org/W2257573499","https://openalex.org/W2381491984","https://openalex.org/W4386989863","https://openalex.org/W2064254377","https://openalex.org/W2901841247","https://openalex.org/W1847176793","https://openalex.org/W2148229336","https://openalex.org/W2001922003","https://openalex.org/W117466158"],"abstract_inverted_index":{"Efficient":[0],"business":[1],"process":[2,184],"is":[3],"important":[4],"to":[5,35,172],"the":[6,17,39,49,63,90,101,113,126,138,145,149,157,161,174,179,183,187],"operations":[7],"of":[8,19,41,51,66,89,116,128,140,148,160,186],"supply":[9,52,188],"chain":[10,53,189],"finance":[11,54],"(SCF).":[12],"Many":[13],"deficiencies":[14],"exist":[15],"in":[16,112],"processes":[18,50,118],"SCF":[20,42,117,129],"such":[21],"as":[22],"complicated":[23],"workflows":[24],"and":[25,37,47,76,104,110,152,181],"high":[26,94],"time-consuming":[27],"steps.":[28],"However,":[29],"few":[30],"studies":[31],"have":[32,93,168],"paid":[33],"attention":[34],"evaluate":[36],"improve":[38,125,182],"performance":[40,127],"processes.":[43],"We":[44],"empirically":[45],"model":[46],"investigate":[48],"by":[55],"constructing":[56],"a":[57,67],"Stochastic":[58],"Petri":[59,91,102,114,150,162],"Net":[60,92,103,115],"based":[61],"on":[62,137],"field":[64],"survey":[65],"focal":[68],"firm.":[69],"Two":[70],"critical":[71],"indices,":[72],"place":[73,175],"busy":[74,95,176],"rate":[75],"transition":[77],"utilization":[78],"rate,":[79],"are":[80,119],"evaluated.":[81],"The":[82,164],"results":[83],"demonstrate":[84],"that":[85],"some":[86],"places":[87,109],"(transitions)":[88],"rates":[96],"(utilization":[97],"rates).":[98],"By":[99],"integrating":[100],"dependency":[105],"graph,":[106],"several":[107],"key":[108],"transitions":[111],"identified":[120],"for":[121],"further":[122,169],"optimization.":[123],"To":[124],"processes,":[130],"we":[131],"propose":[132],"three":[133],"optional":[134],"adjusting":[135],"schemes":[136],"basis":[139],"information":[141],"sharing":[142,154],"perspective":[143,155],"(for":[144,156],"first":[146],"half":[147,159],"Net)":[151],"risk":[153],"second":[158],"Net).":[163],"proposed":[165],"optimization":[166],"strategies":[167],"been":[170],"proven":[171],"reduce":[173],"rates,":[177],"shorten":[178],"process,":[180],"efficiency":[185],"finance.":[190]},"counts_by_year":[{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":2},{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":2}],"updated_date":"2026-04-13T07:58:08.660418","created_date":"2025-10-10T00:00:00"}
