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Supply Management in China

In: Global Sourcing and Supply Management Excellence in China

Author

Listed:
  • Marc Helmold

    (Gloucestershire University)

  • Brian Terry

    (Regents University)

Abstract

The meaning of “Long” in the Chinese language is “dragon”. The dragon is the national symbol of China and people identify with the dragon itself and the features of the dragon. These features comprise grace, strength, power, growth, beauty, prosperity and success. According to a Chinese myth, the Chinese citizens are dependants of the “Long” (Chinese: Long de Chuan Ren). The same features are also existent in company transactions and industries, especially between relationships of business partners, e.g. supplier-customer relationships. As part of his experience in China, the research and his doctoral thesis at the Gloucesterhsire University, Dr. Marc Helmold developed recommendations on how to exploit cost benefits from Chinese manufacturers in many industries in supply management (SM). During 5 years of research and more than 3 years in China, an in-depth literature review; interviews with leaders of the automotive, railway, transportation and machinery industry; and a case study approach served as methods for obtaining the results and recommendations.

Suggested Citation

  • Marc Helmold & Brian Terry, 2017. "Supply Management in China," Management for Professionals, in: Global Sourcing and Supply Management Excellence in China, chapter 1, pages 1-33, Springer.
    • Handle: RePEc:spr:mgmchp:978-981-10-1666-0_1
    DOI: 10.1007/978-981-10-1666-0_1
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