Managing Supply Chains on the Silk Road

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

Çär- Haksöz, is Assistant Professor of Operations Management at Sabanc- School of Management, Sabanc- 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.

SUPPLY CHAIN STRATEGY ON THE SILK ROAD. Silk Road Supply Chains: A Historical Perspective. The Silk Road Linking Artisans in India to Designers in Italy and World Markets. Logistics Management Insights from the Silk Road Geography. Formal and Informal Financial Institutions and Entrepreneurship: The Case of Bazaars and Microfinance in Central Asia. Israel: A Start-Up Nation in a Global Supply Chain Context-The Revival of a Virtual Silk Road. Decoding Supply Chain Leadership in India. SUPPLY CHAIN PERFORMANCE ON THE SILK ROAD. Borusan Lojistik: Winning in the 3PL Market. Crossdocking Insights from a Third Party Logistics Firm in Turkey. Balance of Power between Buyer and Supplier: The Case of Chinese and Western Companies. Outsourcing Design to Asia: ODM Practices. Milk Collection at Nestle Pakistan Ltd.; The Role of Hungarian Railway on the New Silk Road. SUPPLY CHAIN RISK ON THE SILK ROAD. Private-Humanitarian Supply Chain Partnerships on the Silk Road. Incorporating Harvest, Maturity, Yield, and Demand Risk in Planning for Agricultural Supply Chains for Premium Products. Managing Procurement Risks in Turkish Machinery Industry: The Case of Renkler Makina. Supply Chain Risk and Sourcing Strategies: Automotive Industry in Iran.