1st Edition

Managing Supply Chains on the Silk Road Strategy, Performance, and Risk

Edited By Çağrı Haksöz, Sridhar Seshadri, Ananth V. Iyer Copyright 2012
    323 Pages 43 B/W Illustrations
    by CRC Press

    323 Pages 43 B/W Illustrations
    by CRC Press

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    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

    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

    Biography

    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.

    … 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