Read Logistic Postponement | Overview, Strategy & Examples Lesson Recommended for You Video: Supply Chain Management - Benefits & Best Practices Video: Supply Chain Management in the Business, Supplier & Custo
The impact of the deterioration rate on the inventory replenishment policies is studied with the help of theoretical analysis and numerical examples. Our theoretical analysis and computational results show that a postponement strategy for perishable items can give a lower total average cost under certain...
One of the more famous and disseminated examples is the case of Benetton [10, 35, 36]. The new typology for displacement is here applied to this example to illustrate how the transformation process is changed in terms of the three dimensions. Benetton's market strategy and product diversity ...
TeachingNote:PostponementThefirstobjectiveofthisnoteistooutlinetheconceptofpostponementanditsapplicabilitytosupplychainmanagement.Inoutliningtheconceptofpostponement,wewillshowthatthisconceptworksbestunderspecificdemand,product,andproductionpreconditions.Wewillfurtherexploretheimpactofpostponementoncompanystrategy,capabilities,...
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, ...
The trade-off between those variables will determine the optimal postponement strategy. We find that when the outside conditions are unfavorable for firms, it may not be advisable to apply the principle of postponement. On the other hand, when the conditions are beneficial, postponement is a ...
Examples are presented.doi:10.1002/1099-1522(200005)13:33.0.CO;2-9Diana TwedeRobert H. ClarkeJill A. Tait 20fJohn Wiley & Sons, LtdPackaging Technology and ScienceDianaTwede,RobertHClarke,JillATait.Packagingpostponement:a glob-alpackaging strategy. Packaging Technology and Science . 2000...
Due to the high production cost of customized products with a postponement strategy, the manufacturer may not benefit from postponement in some cases. We investigate the condition in which producing customized products with postponement is beneficial for the manufacturer. Numerical examples reveal that ...
Twede D., Clarke R. H., Tait J. A. Packaging postponement: A global packaging strategy. Packaging Technology and Science 2000; 13: 105–115.Devlieghere F , Vermeiren L , Jacobs M , Debevere J . 2000b . The effectiveness of hexamethylenetetramine-incorporated plastic for the active ...
In addition, case studies with numerical examples are provided to illustrate the effectiveness of the model. The main contributions of this paper are: (1) the explanation of the effect of environment uncertainty on the decision to use a postponement strategy, (2) the definitions of some ...