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

Overview

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, ...

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Overview

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

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Editorial Reviews

From the Publisher
… 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
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Product Details

  • ISBN-13: 9781439867204
  • Publisher: CRC Press
  • Publication date: 1/11/2012
  • Pages: 323
  • Product dimensions: 6.00 (w) x 9.10 (h) x 0.90 (d)

Meet the Author

Çağrı Haksöz, is Assistant Professor of Operations Management at Sabancı School of Management, Sabancı 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.

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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

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