YASED members play an active role in the development of the global supply chain through their global network


Organized by the World Bank in cooperation with YASED  International Investors Association, Turkish Industry and Business Association (TÜSİAD) and Turkish Exporters' Assembly (TİM), The Trade and Global Value Chains Conference was held on February 5.

Speaking at the conference, YASED Chairperson Ayşem Sargın said YASED members played an active role in the development of the global supply chain in Turkey through their global access network as well as international knowledge and experience. "These are efforts which provide companies with a world-class, high-value-added production and marketing capability and contribute to both qualified labor force and exports to support Turkey's sustainable economic growth."

After the opening speeches, YASED facilitated the first panel: "How Did Trade and Global Value Chains Support Economic Growth and Business in Turkey?" The panel session was moderated by İdil Özdoğan, YASED Trade Working Group Member & Development and Public Policy Director at PWC, and participated by Ayşem Sargın, YASED Chairperson and BOEING TURKEY Managing Director/Country Executive; Steven Young, President of Bosch Turkey & Middle East Region and Murat Kansu, Microsoft General Manager.

"Suppliers of our members are turning into global players and contributing to Turkey's export proceeds."

In her speech, Ayşem Sargın, Chairperson of  YASED International Investors Association, stated that YASED members played an active role in the development of the global supply chain through their global access network as well as international knowledge and experience. In her speech, Sargın emphasized the importance and multiplier effect of the global supply chain for a sustainable economy.

“What one thinks upon hearing the phrase 'international investment' is the factories and engineering centers established here. In fact, supply chain investments have very deep and long-term effects. Suppliers doing business with multinational companies develop themselves to satisfy the desired standards and thus become global players. This has positive consequences such as technology, knowledge transfer and skilled labor development. The main contribution of this system to Turkey, which definitely deserves highlighting, is the high value-added export proceeds it brings into our country."

Underlining the need for an accurate interpretation of global developments, Sargın said, "What has rendered Turkey a strong country so far has been the market and cost advantages it offers. However, it is no longer enough to do only the cheapest and top quality production. Innovative processes that increase productivity as well as digitization and qualified workforce receive much focus. One of the most effective ways to keep up with the quick developments in the world in these areas is the collaboration of international companies with supply chains. YASED has 250 members, all international companies. They represent 29 countries and 15 different sectors and work with thousands of suppliers in Turkey. But this is not enough. We continue working with our government, members and stakeholders to increase Turkey's share in the global supply chain and build new connections."

Providing an example to such contribution from her company, Boeing, Ayşem Sargın reminded that the Supply Chain Development program was an important part of Boeing's investment plan in Turkey. "Today, we at Boeing have an annual business volume of USD 200 million through our supply chain in Turkey. In our investment program, we aim to increase both this figure and the share of Turkish aviation companies in the global aviation market.”

"Those failing to integrate with Industry 4.0 will be out of the game"

In his speech during the panel, Steven Young, President of Bosch Turkey & Middle East Region, said their company had a turnover of EUR 77.8 billion, EUR 40 billion of which was attributable to their business partners. Young also noted that they had a total of 40 thousand business partners worldwide. “Our staff matter a great deal to us. Our staff must be both global and have a full knowledge of the local.” In addition, Young stated that companies failing to integrate with Industry 4.0 will be out of the game in the near future.

Microsoft General Manager Murat Kansu expressed that Turkey had to take more courageous steps in data protection. Stating that data classification had been somewhat slow on a global scale, Kansu said, “There are general regulations on data security. These regulations can hinder the development of countries. At our country, we must perform this data classification quickly.” Kansu added that digital transformation evolved from a mere trending topic into a fact of everyday life and stressed the need for Turkey to quickly adapt to new technologies.


With contributions of Vodafone