Risk Intelligent Supply Chains

"This is an amazingly timely and lucidly written book focusing on a topic of extreme importance. Even though this book is dealing primarily with Turkish industries, it is a must-read for supply chain specialists anywhere in the world."âMichael L. Pinedo, Julius Schlesinger Professor of Operations Management, Leonard N. Stern School of Business, New York University"Like a great classical composer, Professor Haksöz masterfully scores the four necessary voices of evermore critical risk intelligent supply chains (RISC) through his innovative and actionable I-Quartet Model--Integrator, Inquirer, Improviser, and Ingenious. Supply chain executives, take note!" âBrian W. Hagen, Ph.D., Managing Director of Decision Empowerment Institute"Through a number of fascinating case studies of some of Turkeyâ™s most successful companies, this book offers important new insights into how to best manage supply chain risk in these times of global uncertainty."âFatih Birol, Ph.D., Chief Economist and Director of Global Energy Economics, International Energy Agency"ÃaÄrı Haksöz has written an important and original book. Risk Intelligent Supply Chains is a pioneering study that clearly elucidates the interrelated issues of risk and supply chains. In this timely and well-written book, Haksöz competently shows how leading Turkish companies manage risk in their supply chains. ÃaÄrı Haksöz combines a deep understanding of supply chains and Turkish industry to produce an outstanding book that illuminates both theoretical and implementation questions applicable to a wide cross-section of industries and companies world-wide."âÃmer S. Benli, Associate Dean, College of Business Administration, California State University, Long Beach"This is an excellent and thought provoking book. ÃaÄrı makes a compelling case for why top management should proactively manage supply chain risks to survive in a global and intensely competitive market. The operationalizing of the concept of "risk intelligent supply chain" is very clear and rational and provides a framework that managers can use to develop supply chain risk management capabilities. The case studies of Turkish companies provide actionable takeaways in managing supply chain risk. It is a must read for practitioners and academicians."âVinod Singhal, Brady Family Professor of Operations Management, Scheller College of Business, Georgia Institute of Technology"Risk Intelligent Supply Chains is a thoughtful and timely book dealing with the topic of supply chain risk management in the context of emerging markets, interspersed with compelling data, metaphors, examples and case studies. Professor Haksöz explains the sources of supply chain risk in easy-to-understand terminology, and postulates that supply chains must be "risk intelligent" to be sustainable and resilient over the long run. He describes his I-Quartet Model of four types of roles that companies in supply chains must discharge in order to be risk intelligent--as an Integrator, as an Inquirer, as an Improviser, and as an Ingenious risk taker. This strategic framework is thought-provoking and worthy of reflection by supply chain strategists. He presents rich case studies of three Turkish firms at different stages of the supply chain in the tire industry showing how these companies have built risk intelligent supply chains. Kordsa Global, with 35% worldwide market share in nylon 66, manages a network of factories and distribution facilities across nine countries. Brisa is an award-winning Turkish manufacturer of tires in a joint venture with Bridgestone Corporation. AnadoluJet is a low-cost Turkish airline with a unique hybrid model, as opposed to point-to-point or hub-and-spoke models, borne out of analysis of international and domestic passenger flows in Turkey. In presenting his thesis and field research, ÃaÄrı Haksöz tells us insightful stories about managing risk in supply chains in emerging markets. The case studies and idea...

Autorentext

Professor Haksöz is a faculty member of Operations and Supply Chain Management at Sabanci School of Management, Sabanci University, Istanbul, Turkey and an affiliate member of the Regent's Centre for Transnational Studies, Regent's College, London, UK. His current research focuses on risk intelligence, supply chain risk management, supply chain/energy contracts, supply chain networks on the Silk Road, climate change/weather/water risk, creativity and improvisation. His previous books include Managing Supply Chains on the Silk Road: Strategy, Performance, and Risk (with S. Seshadri and A. V. Iyer, 2011) as well as Global Perspectives: Turkey (with M. Çakanyildirim, 2012). He is a consultant for national/international firms as well as government organizations.

Klappentext

This unique avant-garde book brings the risk intelligent supply chain (RISC) concept to life for the first time. It answers the question of how to become a risk intelligent supply chain. It proposes the I-Quartet Model with four essential roles "Integrator, Inquirer, Improviser, and Ingenious," that any supply chain network must play to become risk intelligent. The book also presents never-before-published cases and practices of leading Turkish companies that thrive globally in the age of fragility with their supply chain risk intelligence. This book is a must-have for any business leader looking to better understand their global position and develop their strategic capabilities.

Zusammenfassung

The Turkish economy is very dynamic and growing at phenomenal speeds. For instance, Turkey's first quarter GDP growth rate was 11 percent in 2011. This growth brings its own risks and benefits. The lessons learned from surviving and thriving in such an environment can be applied to supply chains in any country. Packed with interesting and timely examples from industries such as automotive, airline, and manufacturing, Risk Intelligent Supply Chains: How Leading Turkish Companies Thrive in the Age of Fragility presents strategic insights from various leading Turkish companies regarding their management of supply chain risks.

Çar Haksöz brings the risk intelligent supply chain (RISC) concept to life for the first time. It answers the question of how to become a risk intelligent supply chain. He proposes the I-Quartet Model with four essential roles "Integrator, Inquirer, Improviser, and Ingenious," that any supply chain network must play to become risk intelligent. The book also presents never-before-published cases and practices of leading Turkish companies that thrive globally in the age of fragility with their supply chain risk intelligence.

While providing real-life examples, the book also shares insights obtained in various scientific disciplines. It provides not only an industry focus but also details numerous industry approaches, analyzing their similarities and differences in a manner that allows each industry to learn from the other.

Inhalt
THE EVOLVING GLOBAL SUPPLY CHAIN NETWORKS: FRAGILE, CAPRICIOUS, AND ENTANGLED Global Supply Chain Networks in the Age of Fragility Welcome to the World of Extreme Risks and Opportunities The Ubiquity of Global Supply Chain Risks Recent Examples of Global Supply Chain Risks HOW TO BECOME A RISK INTELLIGENT SUPPLY CHAIN Risk Intelligent Supply Chains and the I-Quartet Model Introduction to Risk Intelligent Supply Chains Risk Intelligence versus Risk Intelligent Supply Chain The I-Quartet Model: A Synopsis The Acrobat over the Bosphorus The Integrator: Orchestrating an Interdependent Supply Chain Network Networks and Complexity Supply Chain Network Orchestration Risk Interdependence in Supply Chain Networks Lessons from Turkish Carpet Weaving The Inquirer: Sensing and Learning in Swan Lake Sensing and Learning in Supply Chain Networks: Brightening the Peripheral Vision Learning from Small Failures Fail Fast, Learn Fast! Almost Fail, Learn F…