Manufacturing

Managing Supply Chains on the Silk Road: Strategy, by Çagri Haksöz

By Çagri Haksöz

Traditionally vital alternate routes for items of all types for greater than 3000 years, the Silk highway has once more come to prominence. Managing offer Chains at the Silk street: procedure, functionality, and Risk current rising offer chain practices from the Silk highway areas that come with China, Hong Kong, India, Pakistan, Iran, primary Asia, Lebanon, Turkey, Israel, and Hungary. It takes a results-oriented, comparative method of provide chain administration overlaying structural, strategic, and operational topics.

The ebook first offers how the ancient Silk highway provide chains operated after which offers new and fascinating examples from diverse nations the Silk street handed, from China to Europe. The textual content demonstrates that the availability chain inspiration and its comparable practices aren't new, in keeping with se, and invented lately within the West. relatively, it used to be practiced for hundreds of years alongside the Silk street and have become the root for today’s worldwide offer chains. in contrast backdrop, the booklet explores the variations and similarities alongside the Silk highway within the provide chain administration technique and what will be discovered from them.

As provide chains develop into longer, leaner, and extra scattered world wide, functionality and probability develop into facets of a coin. Bringing jointly a various crew of specialists from academia and the company international, the book’s insurance spans not just areas, yet industries. This clean point of view offers insights for assessing functionality and hedging chance and opens up new instructions for study.

… Haksoz, Seshadri, and Iyer have introduced jointly 28 students and company executives from varied continents to percentage their views approximately prior and current buying and selling actions alongside the Silk highway. … [the ebook] examines quite a lot of concerns coming up from a multicultural standpoint. … offers transparent insights of the previous and the current that might support teachers and practitioners to achieve a greater realizing of the future.
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From the foreword via Christopher Tang, University of California, Los Angeles

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7 Roles of Governments along the Silk Road............................................. 8 Managing Inter-Border and Inter-Cultural Differences.......................... 9 Conclusion............................................................................................. 23 Acknowledgments........................................................................................... 23 References.......................................................................................................

For security risk), and this was an added cost for the merchants making the trip. The institutional level had three forms: The Chinese garrisons and watchtowers beyond the Great Wall, Mongolian postal stations, and caravanserais in the Middle East and Anatolia. These institutions provided safety, supplies, and lodgings for merchants. Besides, the Chinese soldiers informed about incidents using smoke and flag signals in real time (Rossabi, 1990). The Seljuk Sultanate of Anatolia created a state insurance policy† in order to manage the security risks of land and sea traders whose goods are damaged or stolen due to bandit, pirate, and neighboring state attacks (Turan, 2009).

Yet the demand for European goods and Asian goods were not balanced. Thus, European companies had to trade with silver and gold. Around 1550, Portuguese traded with silver, too. Since the Portuguese Crown was able to cover the deficit with revenues from the Americas, initially this practice, that is, export of silver, was not considered problematic. Yet, after 1580 awareness against trading with silver was created. There were two aspects of silver export. The companies trading in silver had competitive advantage against companies trading with merchandised goods.

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