Postponement Strategies in Supply Chain Management is popular PDF and ePub book, written by T. C. Edwin Cheng in 2010-03-10, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Postponement Strategies in Supply Chain Management can be Read Online from any device for your convenience.
Postponement Strategies in Supply Chain Management Book PDF Summary
Postponement strategy is one of the major supply chain management (SCM) pr- tices that has a discernible impact on rms’ competitive advantage and organi- tional performance. Postponement is a mass customization strategy that captures the advantages of both mass production and mass customization. Recent research studies have identi ed four common postponement strategies, namely pull, logistics, form and price postponement. The former three postponement strategies are linked to production and manufacturing, while the last one is a pure pricing strategy. They aim at balancing the costs and bene ts of mass production and mass customization. Practical examples of postponement can be found in the high-tech industry, food industry and other industries that require high differentiation. However, empirical studies have found that postponement may not be an evident SCM practice compared to the other practices. In addition, postponement has both positive and negative impacts on a supply chain. The advantages include following the JIT principles, reducing end-product inventory, making forecasting easier and pooling risk. The high cost of designing and manufacturing generic components is the main drawback of postponement. Thus, the evaluation of postponement strategy is an important research issue and there have been many qualitative and quantitative models for analyzing postponement under different scenarios.
Detail Book of Postponement Strategies in Supply Chain Management PDF
- Author : T. C. Edwin Cheng
- Release : 10 March 2010
- Publisher : Springer Science & Business Media
- ISBN : 9781441958372
- Genre : Business & Economics
- Total Page : 181 pages
- Language : English
- PDF File Size : 14,5 Mb
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