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Global Logistics: The Connection Effect

(Autor)

Buch | Softcover
176 Seiten
2024
tredition (Verlag)
978-3-384-21173-6 (ISBN)
CHF 46,15 inkl. MwSt
China's economic rise is partly fueled by its strategic use of outsourcing combined with the unique concept of guanxi. Outsourcing allows China to leverage lower production costs abroad, while guanxi, a network of relationships built on reciprocity and trust, fosters smooth collaboration with foreign companies and suppliers.Guanxi acts as a social lubricant, facilitating communication, resolving issues, and ensuring reliable service beyond formal contracts. This relational approach complements outsourcing by building trust and commitment, leading to efficient production and a competitive edge.For instance, a Chinese company outsourcing manufacturing might develop guanxi with the factory owner. This could involve social gatherings, favors exchanged, and a focus on long-term benefits. This fosters a sense of obligation and ensures the factory prioritizes quality and timely delivery.However, it's important to note that guanxi can be a double-edged sword. Overreliance can lead to a lack of transparency and hinder competition. As China's economy matures, the role of guanxi might evolve, but its influence in outsourcing China's success story remains undeniable

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Erscheint lt. Verlag 27.4.2024
Verlagsort Hyderabad
Sprache englisch
Maße 155 x 234 mm
Gewicht 305 g
Themenwelt Technik Fahrzeugbau / Schiffbau
Schlagworte global logistics • Global Supply Chains • International Trade • Logistics efficiency • Shipping and freight • Supply Chain Management • Supply chain operations • Supply Chain Optimization • trade routes • Transportation Networks
ISBN-10 3-384-21173-1 / 3384211731
ISBN-13 978-3-384-21173-6 / 9783384211736
Zustand Neuware
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