Managing Supply Chains on the Silk Road: Strategy, Performance, and Risk, 1st Edition (Paperback) book cover

Managing Supply Chains on the Silk Road

Strategy, Performance, and Risk, 1st Edition

Edited by Çağrı Haksöz, Sridhar Seshadri, Ananth V. Iyer

CRC Press

323 pages | 43 B/W Illus.

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Description

Historically important trade routes for goods of all kinds for more than 3000 years, the Silk Road has once again come to prominence. Managing Supply Chains on the Silk Road: Strategy, Performance, and Risk present emerging supply chain practices from the Silk Road regions that include China, Hong Kong, India, Pakistan, Iran, Central Asia, Lebanon, Turkey, Israel, and Hungary. It takes a results-oriented, comparative approach to supply chain management covering structural, strategic, and operational topics.

The book first presents how the historical Silk Road supply chains operated and then provides new and interesting examples from different countries the Silk Road passed, from China to Europe.The text demonstrates that the supply chain concept and its related practices are not new, per se, and invented recently in the West. Rather, it was practiced for centuries along the Silk Road and became the foundation for today’s global supply chains. Against this backdrop, the book explores the differences and similarities along the Silk Road in the supply chain management process and what can be learned from them.

As supply chains become longer, leaner, and more scattered around the globe, performance and risk become two sides of a coin. Bringing together a diverse team of experts from academia and the business world, the book’s coverage spans not only regions, but industries. This fresh perspective provides insights for assessing performance and hedging risk and opens up new directions for research.

… Haksoz, Seshadri, and Iyer have brought together 28 scholars and business executives from different continents to share their perspectives about past and present trading activities along the Silk Road. … [the book] examines a wide range of issues arising from a multicultural perspective. … provides clear insights of the past and the present that will help academics and practitioners to gain a better understanding of the future.

-From the foreword by Christopher Tang, University of California, Los Angeles

Reviews

… Haksoz, Seshadri, and Iyer have brought together 28 scholars and business executives from different continents to share their perspectives about past and present trading activities along the Silk Road. … [the book] examines a wide range of issues arising from a multicultural perspective. … provides clear insights of the past and the present that will help academics and practitioners to gain a better understanding of the future.

-Christopher Tang, University of California, Los Angeles

Table of Contents

SUPPLY CHAIN STRATEGY ON THE SILK ROAD

Silk Road Supply Chains: A Historical Perspective; Çağrı Haksöz and Damla Durak Uşar

Introduction to Silk Road Supply Chains: Trade and Players

Products and Services: Cost, Variety, Volume

Supply Chain Processes: From Procurement to Sales

Lead Times along the Silk Road Supply Chains

Careers on the Silk Road Supply Chains

Managing Risks along the Silk Road Supply Chains

The Roles of Governments along the Silk Road

Managing Inter-Border and Inter-Cultural Differences

Conclusion

Acknowledgements

References

Endnotes

The Silk Road Linking Artisans in India to Designers in Italy and World Markets; Ananth V. Iyer and Andrea Lenterna

Indian Artisans and Supply Chains

A Different Way of Doing Business

The Value Proposition

The 2008 Collection

The Flow of Goods from East to West

References

Logistics Management Insights from the Silk Road Geography; Ercan Korkut

Introduction

Three BRIC Countries out of Four Are on the Silk Road: Can It Be Coincidence?

Observations Over The Last Decade: What Has Changed?

Hands-on Lessons and Insights

Country Start-Up Checklist

Conclusion

Endnotes

Formal and Informal Financial Institutions and Entrepreneurship: The Case of Bazaars and Microfinance in Central Asia; Deniz Tura

Introduction

Overview of the Bazaars and Entrepreneurs

Relationship between the Formal Institutions and the Entrepreneurs

Relationships between the Informal Institutions and the Entrepreneurs

Conclusion

References

Endnotes

Israel: A Start-Up Nation in a Global Supply Chain Context—The Revival of a Virtual Silk Road; Ehud Menipaz

Introduction

History

Silk Road and International Trade

Economic and Business Ecosystems

Transportation and Logistics Ecosystems

Entrepreneurship and Innovation

The GEM Model

Israeli Entrepreneurship in a Global Context

Technology Ecosystem

Summary

Acknowledgements

References

Endnotes

Decoding Supply Chain Leadership in India; Janat Shah and Debabrata Ghosh

Introduction

Supply Chain Challenges in India

Characteristics of Supply Chain Leaders in India

Problems

Conclusion

References

Endnotes

SUPPLY CHAIN PERFORMANCE ON THE SILK ROAD

Borusan Lojistik: Winning in the 3PL Market; Murat Kaya and Çağrı Haksöz

Introduction

Borusan Lojistik

Transportation Services

Warehousing Services

Value-Added Services

The Road Ahead for BL

Acknowledgements

References

Endnotes

Crossdocking Insights from a Third Party Logistics Firm in Turkey; Gürdal Ertek

Introduction

Types of Crossdocking

Appropriateness of Crossdocking

Prerequisites of Crossdocking

Industries Where Crossdocking is Applied

Benefits and Drawbacks of Crossdocking

Implementation of Crossdocking

Case study: Ekol Lojistik

Conclusions

Acknowledgements

References

Endnotes

Balance of Power between Buyer and Supplier: The Case of Chinese and Western Companies; Oliver Schneider, Robert Alard, Josef Oehmen

Introduction: The Appeal of China and the Importance of Power in Buyer-Supplier Relationships

Research Method: Background to the Findings on the Balance of Power

Fundamentals of Power in Buyer-Supplier Relationships

Examples: Typical Developments of the Balance of Power

Explanation: Reasons for the Development of the Power Situation

Suppliers’ Perspective: Perception of and Consequences for Chinese Suppliers

Taking Action: Measures for an Ideal Development of the Relationship

Theoretical Implications and Limits of the Study

References

Endnotes

Outsourcing Design to Asia: ODM Practices; Qi Feng and Lauren Xiaoyuan Lu

Introduction

Growing Trend of Outsourcing Design to Asia

Driving Factors of Design Outsourcing

Issues and Challenges in Managing Design Outsourcing

Conclusions

References

Milk Collection at Nestle Pakistan Ltd.;Arif Iqbal Rana and Mohammad Kamran Mumtaz

Introduction

Pakistan and Milk

Structure of Pakistan’s Dairy Sector

Characteristics of Milk Production Systems in Pakistan

Management Issues in Milk Collection

New Milk Processing Plants

Conclusions

The Role of Hungarian Railway on the New Silk Road; Paul Lacourbe

Introduction of Hungarian State Railways

Hungary on the New Silk Road

Modes of Transportation

Current Financial Situation of MAV

EU Investment in Hungarian Infrastructure

China's Investment in Hungarian Infrastructure

Areas to Be Impacted By the New Silk Road

Conclusions

Endnotes

SUPPLY CHAIN RISK ON THE SILK ROAD

Private-Humanitarian Supply Chain Partnerships on the Silk Road; Orla Stapleton, Lea Stadtler, Luk N. Van Wassenhove

Introduction

Company Engagement in Private-Humanitarian Partnerships

Examples of Private-Humanitarian Disaster Relief Partnerships on the Silk Road

Lessons from Private-Humanitarian Partnerships

Benefits of Private-Humanitarian Partnerships to Companies

Appendix 1

References

Endnotes

Incorporating Harvest, Maturity, Yield, and Demand Risk in Planning for Agricultural Supply Chains for Premium Products; Barış Tan

Introduction

Contract Farming

Agricultural Supply Chain with Contract Farming

Agricultural Planning Problem with Harvest, Maturation, Yield, and Demand Uncertainty

A Case Study: Alara Agri Business

Conclusions

Appendix

References

Managing Procurement Risks in Turkish Machinery Industry: The Case of Renkler Makina; Muhittin H. Demir, Burcu Adıvar, Çağrı Haksöz

Introduction: Machinery Industry in Turkey

Renkler Makina: Company Background

Aligning the Company in the Global Supply Chain

Supplier Management: The Current Practice

Redesign of the Supplier Selection and Evaluation Process

Supplier Risk Management

The Road Ahead

References

Endnotes

Supply Chain Risk and Sourcing Strategies: Automotive Industry in Iran; Hoda Davarzani and Andreas Norrman

Introduction

Supply Chain Disruption

Sourcing Strategy

Automotive Industry in Iran

Conclusion

References

About the Editors

Çagri Haksöz, is Assistant Professor of Operations Management at Sabanci School of Management, Sabanci University, Istanbul, Turkey. His current research focuses on risk management in global supply chains, design and management of options in supply chain contracts, strategic product recall management, pricing weather derivatives, and risk intelligence.

Sridhar Seshadri is Professor of Information, Risk, and Operations Management at McCombs School of Business, University of Texas, Austin. His current research focuses on equilibrium asset pricing, pricing and revenue optimization, and risk management in supply chains.

Ananth V. Iyer is Susan Bulkeley Butler Chair in Operations Management and Director, DCMME and GSCMI at the Krannert School of Business, Purdue University, West Lafayette, IN. His current research focuses on analysis of supply chains, including the modeling of spare parts supply chains, auto industry supply chains, the impact of promotions on logistics systems in the grocery industry, analysis of the impact of competitors on operational management models, and the role of supply contracts.

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS042000
BUSINESS & ECONOMICS / Management Science
BUS076000
BUSINESS & ECONOMICS / Purchasing & Buying
TEC020000
TECHNOLOGY & ENGINEERING / Manufacturing