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
• Language: English
• Published: New York, NY : Springer New York : Imprint: Springer, 2010.
• Edition: First.
• Series: International Series in Operations Research & Management Science, 143
• Subjects: Economics.; Industrial engineering.; Operations research.; Economics/Management Science.; Operation Research/Decision Theory.; Production/Logistics/Supply Chain Management.; Industrial and Production Engineering.
• Online Access: https://ezaccess.library.uitm.edu.my/login?url=http://dx.doi.org/10.1007/978-1-4419-5837-2

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:

• Introduction
• Analysis of Pull Postponement by EOQ-based Models
• Analysis of Postponement Strategy by an 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.