IDEAS home Printed from https://ideas.repec.org/a/spr/decisn/v43y2016i2d10.1007_s40622-015-0117-x.html
   My bibliography  Save this article

Supply chain opportunities at the bottom of the pyramid

Author

Listed:
  • ManMohan S. Sodhi

    (City University London)

  • Christopher S. Tang

    (University of California Los Angeles)

Abstract

With fast-moving-consumer-goods and other companies in emerging economies like India seeking growth, the people in the so-called bottom of the pyramid (BoP) are potential consumers. However, some leading companies as well as entrepreneurs are looking for and finding suppliers, producers, distributors, and retailers in the BoP segment. However, these opportunities are not without challenges when it comes to building and operating supply chains that interact with the BoP segment. For supply chain scholars, these supply chains and how they interact with the BoP segment present many opportunities for research. This paper outlines such research and business opportunities.

Suggested Citation

  • ManMohan S. Sodhi & Christopher S. Tang, 2016. "Supply chain opportunities at the bottom of the pyramid," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 43(2), pages 125-134, June.
  • Handle: RePEc:spr:decisn:v:43:y:2016:i:2:d:10.1007_s40622-015-0117-x
    DOI: 10.1007/s40622-015-0117-x
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s40622-015-0117-x
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s40622-015-0117-x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Seema Jayachandran & Rohini Pande, 2015. "Why Are Indian Children So Short?," NBER Working Papers 21036, National Bureau of Economic Research, Inc.
    2. Suvrat Dhanorkar & Karen Donohue & Kevin Linderman, 2015. "Repurposing Materials and Waste through Online Exchanges: Overcoming the Last Hurdle," Production and Operations Management, Production and Operations Management Society, vol. 24(9), pages 1473-1493, September.
    3. Hayami, The late Yujiro & Godo, Yoshihisa, 2005. "Development Economics: From the Poverty to the Wealth of Nations," OUP Catalogue, Oxford University Press, edition 3, number 9780199272716.
    4. ManMohan S. Sodhi, 2015. "Conceptualizing Social Responsibility in Operations Via Stakeholder Resource-Based View," Production and Operations Management, Production and Operations Management Society, vol. 24(9), pages 1375-1389, September.
    5. Surabhi Mittal & Sanjay Gandhi & Gaurav Tripathi, "undated". "Socio-Economic Impact of Mobile Phones on Indian Agriculture," Indian Council for Research on International Economic Relations, New Delhi Working Papers 246, Indian Council for Research on International Economic Relations, New Delhi, India.
    6. Marcel Fafchamps & Bart Minten, 2012. "Impact of SMS-Based Agricultural Information on Indian Farmers," The World Bank Economic Review, World Bank, vol. 26(3), pages 383-414.
    7. Matt Flannery, 2009. "Kiva at Four (Innovations Case Narrative: Kiva)," Innovations: Technology, Governance, Globalization, MIT Press, vol. 4(2), pages 31-49, April.
    8. Ghatak, Maitreesh & Guinnane, Timothy W., 1999. "The economics of lending with joint liability: theory and practice," Journal of Development Economics, Elsevier, vol. 60(1), pages 195-228, October.
    9. Bikhchandani, Sushil & Hirshleifer, David & Welch, Ivo, 1992. "A Theory of Fads, Fashion, Custom, and Cultural Change in Informational Cascades," Journal of Political Economy, University of Chicago Press, vol. 100(5), pages 992-1026, October.
    10. Seung Jae Park & Gérard P. Cachon & Guoming Lai & Sridhar Seshadri, 2015. "Supply Chain Design and Carbon Penalty: Monopoly vs. Monopolistic Competition," Production and Operations Management, Production and Operations Management Society, vol. 24(9), pages 1494-1508, September.
    11. Ying-Ju Chen & J. George Shanthikumar & Zuo-Jun Max Shen, 2015. "Incentive for Peer-to-Peer Knowledge Sharing among Farmers in Developing Economies," Production and Operations Management, Production and Operations Management Society, vol. 24(9), pages 1430-1440, September.
    12. Beatriz Armendariz & Jonathan Morduch, 2007. "The Economics of Microfinance," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262512017, April.
    13. Nicky J. Welton & Howard H. Z. Thom, 2015. "Value of Information," Medical Decision Making, , vol. 35(5), pages 564-566, July.
    14. Tang, Christopher S., 2006. "Perspectives in supply chain risk management," International Journal of Production Economics, Elsevier, vol. 103(2), pages 451-488, October.
    15. London, Ted & Anupindi, Ravi & Sheth, Sateen, 2010. "Creating mutual value: Lessons learned from ventures serving base of the pyramid producers," Journal of Business Research, Elsevier, vol. 63(6), pages 582-594, June.
    16. Sodhi, ManMohan S. & Tang, Christopher S., 2011. "Social enterprises as supply-chain enablers for the poor," Socio-Economic Planning Sciences, Elsevier, vol. 45(4), pages 146-153, December.
    17. Armstrong, J. Scott, 1977. "Social irresponsibility in management," Journal of Business Research, Elsevier, vol. 5(3), pages 185-213, September.
    18. Seelos, Christian & Mair, Johanna, 2005. "Social entrepreneurship: Creating new business models to serve the poor," Business Horizons, Elsevier, vol. 48(3), pages 241-246.
    19. Ying-Ju Chen & Christopher S. Tang, 2015. "The Economic Value of Market Information for Farmers in Developing Economies," Production and Operations Management, Production and Operations Management Society, vol. 24(9), pages 1441-1452, September.
    20. Robert Jensen, 2007. "The Digital Provide: Information (Technology), Market Performance, and Welfare in the South Indian Fisheries Sector," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 122(3), pages 879-924.
    21. Jessica H. McCoy, 2013. "Overcoming the Challenges of the Last Mile: A Model of Riders for Health," International Series in Operations Research & Management Science, in: Brian T. Denton (ed.), Handbook of Healthcare Operations Management, edition 127, chapter 0, pages 483-509, Springer.
    22. James C. Brau & Gary M. Woller, 2004. "Microfinance: A Comprehensive Review of the Existing Literature," Journal of Entrepreneurial Finance, Pepperdine University, Graziadio School of Business and Management, vol. 9(1), pages 1-28, Spring.
    23. Sripad K. Devalkar & Ravi Anupindi & Amitabh Sinha, 2011. "Integrated Optimization of Procurement, Processing, and Trade of Commodities," Operations Research, INFORMS, vol. 59(6), pages 1369-1381, December.
    24. ManMohan S. Sodhi & Christopher S. Tang, 2014. "Supply-Chain Research Opportunities with the Poor as Suppliers or Distributors in Developing Countries," Production and Operations Management, Production and Operations Management Society, vol. 23(9), pages 1483-1494, September.
    25. Tang, Christopher S. & Zhou, Sean, 2012. "Research advances in environmentally and socially sustainable operations," European Journal of Operational Research, Elsevier, vol. 223(3), pages 585-594.
    26. Karthik Murali & Michael K. Lim & Nicholas C. Petruzzi, 2015. "Municipal Groundwater Management: Optimal Allocation and Control of a Renewable Natural Resource," Production and Operations Management, Production and Operations Management Society, vol. 24(9), pages 1453-1472, September.
    27. Jaehyung An & Soo-Haeng Cho & Christopher S. Tang, 2015. "Aggregating Smallholder Farmers in Emerging Economies," Production and Operations Management, Production and Operations Management Society, vol. 24(9), pages 1414-1429, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kaidong Yu & Yameng Zhang & Yicong Huang, 2023. "Entrepreneurship at the Bottom of the Pyramid: A Systematic Literature Review," Sustainability, MDPI, vol. 15(3), pages 1-24, January.
    2. Preetam Basu & Soumita Ghosh & Milan Kumar, 2019. "Supplier ratings and dynamic sourcing strategies to mitigate supply disruption risks," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 46(1), pages 41-57, March.
    3. Ntise Hendrick Manchidi, 2024. "Supply Chain Leadership in a Developing Economy for Sustainable Innovation and Competitiveness: The Case of Johannesburg Stock Exchange-Listed Companies," Sustainability, MDPI, vol. 16(6), pages 1-15, March.
    4. Stephanie Knizkov & Julia C. Arlinghaus, 2019. "Is Co-Creation Always Sustainable? Empirical Exploration of Co-Creation Patterns, Practices, and Outcomes in Bottom of the Pyramid Markets," Sustainability, MDPI, vol. 11(21), pages 1-22, October.
    5. ManMohan S. Sodhi & James Knuckles, 2021. "Development‐Aid Supply Chains for Economic Development and Post‐Disaster Recovery," Production and Operations Management, Production and Operations Management Society, vol. 30(12), pages 4412-4434, December.
    6. Rahul Nilakantan & Deepak Iyengar & Samar K. Datta & Shashank Rao, 2021. "On Ethical Violations in Microfinance Backed Small Businesses: Family and Household Welfare," Journal of Business Ethics, Springer, vol. 172(4), pages 785-802, September.
    7. Balram Avittathur & Jayanth Jayaram, 2016. "Supply chain management in emerging economies," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 43(2), pages 117-124, June.
    8. Anton Shevchenko & Xiaodan Pan & Goran Calic, 2020. "Exploring the effect of environmental orientation on financial decisions of businesses at the bottom of the pyramid: Evidence from the microlending context," Business Strategy and the Environment, Wiley Blackwell, vol. 29(5), pages 1876-1886, July.
    9. Tsai Chi Kuo & Wei-Jung Shiang & Jessica Hanafi & Sz Ying Chen, 2018. "Co-Development of Supply Chain in the BOP Markets," Sustainability, MDPI, vol. 10(4), pages 1-14, March.
    10. Kelsey M. Taylor & Eugenia Rosca, 2023. "Sink, swim, or drift: How social enterprises use supply chain social capital to balance tensions between impact and viability," Journal of Supply Chain Management, Institute for Supply Management, vol. 59(2), pages 62-86, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jónas Oddur Jónasson & Kamalini Ramdas & Alp Sungu, 2022. "Social impact operations at the global base of the pyramid," Production and Operations Management, Production and Operations Management Society, vol. 31(12), pages 4364-4378, December.
    2. Shihong Xiao & Ying-Ju Chen & Christopher S. Tang, 2020. "Knowledge Sharing and Learning Among Smallholders in Developing Economies: Implications, Incentives, and Reward Mechanisms," Operations Research, INFORMS, vol. 68(2), pages 435-452, March.
    3. Tang, Christopher S. & Sodhi, ManMohan S. & Formentini, Marco, 2016. "An analysis of partially-guaranteed-price contracts between farmers and agri-food companies," European Journal of Operational Research, Elsevier, vol. 254(3), pages 1063-1073.
    4. Chen-Nan Liao & Ying-Ju Chen & Christopher S. Tang, 2019. "Information Provision Policies for Improving Farmer Welfare in Developing Countries: Heterogeneous Farmers and Market Selection," Manufacturing & Service Operations Management, INFORMS, vol. 21(2), pages 254-270, May.
    5. Luyi Gui & Christopher S. Tang & Shuya Yin, 2019. "Improving Microretailer and Consumer Welfare in Developing Economies: Replenishment Strategies and Market Entries," Service Science, INFORMS, vol. 21(1), pages 231-250, January.
    6. Guo, Qiaozhen & He, Qiao-Chu & Chen, Ying-Ju & Huang, Wei, 2021. "Poverty mitigation via solar panel adoption: Smart contracts and targeted subsidy design," Omega, Elsevier, vol. 102(C).
    7. Hau L. Lee & Christopher S. Tang, 2018. "Socially and Environmentally Responsible Value Chain Innovations: New Operations Management Research Opportunities," Management Science, INFORMS, vol. 64(3), pages 983-996, March.
    8. Lingxiu Dong, 2021. "Toward Resilient Agriculture Value Chains: Challenges and Opportunities," Production and Operations Management, Production and Operations Management Society, vol. 30(3), pages 666-675, March.
    9. Saed Alizamir & Foad Iravani & Hamed Mamani, 2019. "An Analysis of Price vs. Revenue Protection: Government Subsidies in the Agriculture Industry," Management Science, INFORMS, vol. 65(1), pages 32-49, January.
    10. Anton Shevchenko & Xiaodan Pan & Goran Calic, 2020. "Exploring the effect of environmental orientation on financial decisions of businesses at the bottom of the pyramid: Evidence from the microlending context," Business Strategy and the Environment, Wiley Blackwell, vol. 29(5), pages 1876-1886, July.
    11. Balram Avittathur & Jayanth Jayaram, 2016. "Supply chain management in emerging economies," DECISION: Official Journal of the Indian Institute of Management Calcutta, Springer;Indian Institute of Management Calcutta, vol. 43(2), pages 117-124, June.
    12. Junjie Zhou & Xiaoshuai Fan & Ying-Ju Chen & Christopher S. Tang, 2021. "Information Provision and Farmer Welfare in Developing Economies," Manufacturing & Service Operations Management, INFORMS, vol. 23(1), pages 230-245, 1-2.
    13. Yu, Yanan & He, Yong & Zhao, Xuan, 2021. "Impact of demand information sharing on organic farming adoption: An evolutionary game approach," Technological Forecasting and Social Change, Elsevier, vol. 172(C).
    14. Chen‐Nan Liao & Ying‐Ju Chen, 2021. "Design of Long‐Term Conditional Cash Transfer Program to Encourage Healthy Habits," Production and Operations Management, Production and Operations Management Society, vol. 30(11), pages 3987-4003, November.
    15. Chris Parker & Kamalini Ramdas & Nicos Savva, 2016. "Is IT Enough? Evidence from a Natural Experiment in India’s Agriculture Markets," Management Science, INFORMS, vol. 62(9), pages 2481-2503, September.
    16. Ming Hu & Yan Liu & Wenbin Wang, 2019. "Socially Beneficial Rationality: The Value of Strategic Farmers, Social Entrepreneurs, and For-Profit Firms in Crop Planting Decisions," Management Science, INFORMS, vol. 65(8), pages 3654-3672, August.
    17. Xiaolong Guo & Lihong Cheng & Yugang Yu, 2022. "Government subsidy policy for green and efficient raw materials considering farmer heterogeneity," Production and Operations Management, Production and Operations Management Society, vol. 31(11), pages 4095-4112, November.
    18. Kai Kang & Xinfeng Luan & Wenjing Shen & Yanfang Ma & Xuguang Wei, 2020. "The Strategies of the Poverty-Alleviation Supply Chain with Government Subsidies and Cost Sharing: Government-Led or Market-Oriented?," Sustainability, MDPI, vol. 12(10), pages 1-24, May.
    19. Kamiche Zegarra, J. & Bravo-Ureta, B., 2018. "Are users of market information efficient? A stochastic production frontier model corrected by sample selection," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 275870, International Association of Agricultural Economists.
    20. Jiguang Chen & Ying‐Ju Chen, 2021. "The Impact of Contract Farming on Agricultural Product Supply in Developing Economies," Production and Operations Management, Production and Operations Management Society, vol. 30(8), pages 2395-2419, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:decisn:v:43:y:2016:i:2:d:10.1007_s40622-015-0117-x. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.