Postponement Strategies in Supply Chain Management

  • T. C. Edwin Cheng
  • Jian Li
  • C. L. Johnny Wan
  • Shouyang Wang

Part of the International Series in Operations Research & Management Science book series (ISOR, volume 143)

Table of contents

  1. Front Matter
    Pages i-xviii
  2. T.C. Edwin Cheng, Jian Li, C.L. Johnny Wan, Shouyang Wang
    Pages 1-17
  3. T.C. Edwin Cheng, Jian Li, C.L. Johnny Wan, Shouyang Wang
    Pages 19-41
  4. T.C. Edwin Cheng, Jian Li, C.L. Johnny Wan, Shouyang Wang
    Pages 43-79
  5. T.C. Edwin Cheng, Jian Li, C.L. Johnny Wan, Shouyang Wang
    Pages 81-108
  6. T.C. Edwin Cheng, Jian Li, C.L. Johnny Wan, Shouyang Wang
    Pages 109-123
  7. T.C. Edwin Cheng, Jian Li, C.L. Johnny Wan, Shouyang Wang
    Pages 125-132
  8. T.C. Edwin Cheng, Jian Li, C.L. Johnny Wan, Shouyang Wang
    Pages 133-136
  9. Back Matter
    Pages 137-166

About this book

Introduction

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 reduce the anticipatory risk in a supply chain. It can be fine-tuned or staged so that only the generic parts shared by a firm’s various end products are warehoused, used only once orders come in for whichever products are selling, and will reduce inventory pressures throughout the firm.  Despite much existing research in the area, no one book devoted solely to postponement has been published.

At its core, Postponement Strategies in Supply Chain Management analyzes how both pull postponement strategy and form postponement strategy can be leveraged to yield substantial benefits to adopting firms in different competitive environments.  The book is intended for researchers in supply chain management interested in conducting in-depth studies on postponement strategies. It is also intended for practitioners trying to understand the workings of postponement strategies and looking for guidance and decision support for the implementation of postponement strategies. Therefore, the book can be useful not only for researchers but also for practitioners and graduate students in operations management, management science, and business administration.

Keywords

Operations Management Postponement Strategy Quantitative Analysis Supply Chain Management decision support distribution manufacturing simulation supply chain managment

Authors and affiliations

  • T. C. Edwin Cheng
    • 1
  • Jian Li
    • 2
  • C. L. Johnny Wan
    • 3
  • Shouyang Wang
    • 4
  1. 1.Dept. Logistics & Maritime StudiesThe Hong Kong Polytechnic UniversityKowloonHong Kong/PR China
  2. 2.Thehnology (BUCT), School of Economics and ManagementBeijing University of ChemicalBeijingChina, People's Republic
  3. 3., Dept. Logistics & Maritime StudiesThe Hong Kong Polytechnic UniversityHong KongChina, People's Republic
  4. 4., Academy of Mathematics & System ScienceChinese Academy of SciencesBeijingChina, People's Republic

Bibliographic information

  • DOI https://doi.org/10.1007/978-1-4419-5837-2
  • Copyright Information Springer-Verlag New York 2010
  • Publisher Name Springer, New York, NY
  • eBook Packages Business and Economics
  • Print ISBN 978-1-4419-5836-5
  • Online ISBN 978-1-4419-5837-2
  • Series Print ISSN 0884-8289
  • About this book