Postponement Strategies in Supply Chain Management

• Main Authors: Cheng, T. C. Edwin (Author), Li, Jian (Author), Wan, C. L. Johnny (Author), Wang, Shouyang (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: New York, NY : Springer New York : Imprint: Springer, 2010.
• Edition: First.
• Series: International Series in Operations Research & Management Science, 143
• Subjects: Business.; Production management.; Operations research.; Decision making.; Industrial engineering.; Production engineering.; Business and Management.; Operation Research/Decision Theory.; Operations Management.; Industrial and Production Engineering.

Within supply chain management (SCM), postponement is a deliberate action to delay final manufacturing or distribution of a product until receipt of a customer order. This reduces the incidence of wrong manufacturing or incorrect inventory deployment. Postponement strategies and practices serve to r...

Table of Contents:

• Analysis of Pull Postponement by EOQ-based Models
• Analysis of Postponement Strategy by EPQ-based Models
• Evaluation of a Postponement System with an (r, q) Policy
• Simulation of a Two-End-Product Postponement System
• Application of Postponement: Examples from Industry
• Conclusions, Implications and Future Research Directions.