Postponement strategy in supply chain management pdf

Postponement strategy in supply chain management pdf
Supply chain postponement strategy in a SME fashion supply chain – Subject terms: supply chain management, postponement strategy, success factors, SME, fashion supply chain Abstract Unibrands is a small company that has implemented a postponement strategy without knowing it. However, they have not implemented completely because they do not know the theories behind it. …
forecast, the design of products tends to employ the concept of modularity and postponement strategy in supply chain management. In this study, a novel mathematical model with considerations of …
Value of and Interaction between Production Postponement and Information Sharing Strategies for Supply Chain Firms Hasan Cavusoglu Sauder School of Business, University of British Columbia, 658-2053 Main Mall, Vancouver, British Columbia, V6T1Z2, Canada,
Alternatively, the company could postpone the assembly of the power supply until a later point in the production process. Either approach would result in greater flexibility and lower costs.

in this paper, it is emphasized that a broader view of supply chain management, so called “Extended Supply Chain Management” is adapted to integrate critical inbound and outbound, upstream and downstream logistics function throughout entire product manufacturing operation.
the supply chain, including three types of strategies towards the order fulfilment process, order management, manufacturing and distribution. The first type is the convergent supply
Impacts on Supply Chain Management through Component Commonality and Postponement: A Case Study Nils Altfeld, Johannes Hinckeldeyn, Jochen Kreutzfeldt and Peter Gust Abstract—Component commonality and postponement have been the focus of research for the last twenty years. Since then numerous models and theories have been developed, but industrial …
Supply chain management strategies have the common goal, although the methods to achieve them might be varied, that is reducing uncertainty and cost. Postponement is a way
A. Szmelter, POSTPONEMENT IN LOGISTICS STRATEGIES OF GLOBAL SUPPLY CHAINS, Toruń Business Review, Vol. 14, Issue 1, 151-161 The paper aims to present postponement strategy as a crucial element of

The Case of Zara Supply Chain Strategic Management

https://youtube.com/watch?v=Jl82PHHm4ho


Analysis of postponement strategies in supply chain

Product and Process Design for Supply Chain Management postponement, a strategy that can enhance service levels with lower inventories. You’ll also learn how to quickly estimate the positive impact of a postponement strategy in your own company without analyzing sales data or using complex calculations. You will see examples of how postponement can be implemented through …
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
The additional types of supply chain strategies mentioned by Yang and Burns (2003) in Figure 5 are packing/labeling postponement, assembly postponement, and purchasing postponement, based on the different postponed activities in the chain.
postponement strategies in supply chain management Download postponement strategies in supply chain management or read online here in PDF or EPUB.
postponement as a strategy of achieving flexibility requires actors within retailers supply chain to be highly integrated, and willing to share information, e.g. create transparency. This study, therefore,
distributor in the supply chain and to explore its positive contributions. An example company (a distributor of An example company (a distributor of electronics components) is used to illustrate the values and functions of the distributor to the supply chain and its


Supply Chain Management Supply chain management has been emerged during late 1980s (Harland, 1996) and can be defined as the systematic, strategic coordination of the traditional business functions and tactics across these business functions within a particular organization and across business within the supply chain for the purpose of improving the long-term performance of the individual
The paper aims to present postponement strategy as a crucial element of logistics strategies of today’s global supply chains. The article presents the history of postponement, characteristics of this concept, types of postponement and important information about its implementation in global supply …
The paper develops insights regarding postponement strategy in global supply chains via a system dynamics simulation model. The model draws on the experiences of a Korean automobile manufacturer with operations in developing and developed countries.
When increasingly adopting strategies to improve overall supply chain management, companies may look to wider implementation of postponement (Bowersox and Morash, 1989; Davis and Sasser, 1995). However, this does not mean that players in a supply chain may have natural tendencies to develop cooperative (rather than competitive) relationships. In manufacturing postponement, manufacturers …
strategy is the highest level of delay in the supply chain, which makes use of both manufacturing and logistic postponement. There are trade-offs between different levels


supply chain. This paper surveys various types of postponement and classifies them based on the This paper surveys various types of postponement and classifies them based on the view of reconfiguration of the supply chain network, which contains form, time and place
The Role of Postponement Strategies to Reduce Supply Chain Risk Yang Xiaoxun 1, * , Li Jiajun 2 1 Humanities, Economics and Law School and Management School, …
in Supply Chain Management Yahong ZHENG, Khaled MESGHOUNI Abstract—Uncertain demand is one of the most important uncertainties in supply chain management. Different from the traditional methods, such as dynamic inventory control, estimation of demand, we propose to apply postponement strategy to treat uncertain demand in the process of distribution in supply chain. Postponement …

Postponement Strategies in Supply Chain Management

Abstract. Inventory is an important part of supply chain management as it directly impacts both cost and service. As demand is more or less uncertain and it takes time to manufacture and deliver the goods, some amount of inventory is required somewhere in the chain to provide the required service to the end customer.
In this paper, we will analyze how Zara achieves mass customization through “postponement”, with a particular focus on the supply chain structure, relationship and enabling activities supporting postponement strategy across the supply chain.
Vice President and Group Director, Supply Chain and Global Supply Management Practices . Report Highlights : The Best-in-Class are 59% more likely to manage outside suppliers and partners in the design process than All Others. The Best-in-Class are 70% more likely to segment demand by key product, customer , or channel characteristics. The Best-in-Class have 73% more contracts in a …

Application of Postponement Strategy in Distribution

The principal objective of the SD simulation was to develop policy recommendations for optimal postponement strategy for a global supply chain in terms of shipping points and postponement timing. Fig. 2 presents the SD simulation results at equilibrium for the case s = 4 and k = 3.
Author Profiles: Marcus Ehrhardt is a partner with Booz & Company in New York. He specializes in cost reduction and value creation programs, specifically in supply chain management, with a strong focus on the pharmaceutical industry.
“Supply Chain Resilience & supply chain strategy” Prof. Dr. Richard Wilding, Profes sor of Supply Chain Strategy. Prof. Dr. Richard Wilding, Centre for Logistics & Supply Chain Management…
In recent years, with the acceleration of the globalization process, the number of types of goods and personalized service of customer demand increasingly, the postponement strategy of supply chain management has been paid more attention. Postponement strategy is successful in a wide range of supply chain sectors such as automotive, food and fashion, which require high differentiation. (Li et
We find that production postponement and information sharing strategies may substitute, complement, or conflict with each other, depending on the extent of the increase in the unit production cost when production is postponed. In a two-level supply chain, from the retailer’s perspective, information sharing and production postponement can be beneficial or detrimental. When information …

Postponement Strategies Factor Analysis Supply Chain


Postponement in Retail Supply Chain Management A

Postponement as a tool of creating flexibility is not a new concept. It traces back in literature to the 1950’s but was mainly argued as a method useful for manufacturing. However, postponement could potentially be used in all different parts of an organization to delay certain activities, and
xii Contents 2.2.3 The Postponement and Independent Systems 38 2.2.4 Numerical Examples 39 2.3 Concluding Remarks 41 3 Analysis of Postponement Strategy by EPQ-based Models 43
Be familiar with strategic initiatives such as postponement, lean and agility in supply chain. 4. Understand the challenges faced in implementing a supply chain operation strategy.
– This research widens the scope of the use of postponement by addressing how the generic supply chain structure and information sharing/relationship among supply chain actors affects the postponement decision, based on empirical data of Chinese manufacturers in the Pearl River Delta.
The aim of supply chain inventory management is to optimize the inventories and to shift the current customer service curve outward through improved inventory strategies and redesigning the supply chain. This thesis is aimed at studying the effectiveness of various factors in the supply chain environment with and without postponement strategies. Analysis of these factors enables a better
Download chapter PDF. In this chapter we report on two case studies of applying postponement strategy in industry. The first case is a study of a Hong Kong based toaster manufacturing company, which has successfully implemented postponement strategy. We present a summary of how postponement strategy was implemented in its supply chain and elaborate on all the benefits …
The objective of this book was to address the benefits of adopting a pull postponement strategy, which is enabled with a form postponement strategy, in a supply chain from a manufacturer’s point
companies must integrate postponement strategies in their supply chain approach. The foundational components of this approach are Consumer Centric Development, Responsive Planning and Collaborative Execution. Even though many retailers have implemented Planning, Supplier Collaboration and Product Lifecycle Management (PLM) systems to develop these capabilities in recent years, …

Mass Customization at Hewlett-Packard The Power of


Time is Money the Cost of Delayed differentiation – The

Best practices for supply chain management. chapter 5 :7-91 ed., Gower publications. PAGH, Janus D, Cooper,Martha C (1998). Supply chain postponement and speculation strategies:how to choose the right strategy.
supply chain strategy that delays product differentiation at a point closer to the customer (Van Hoek, 2001), Wadhwa and Bhoon (2006) examined the feasibility of postponement in vehicle manufacturing through business redesign, and suggested that
Postponement Strategy In Supply Chain Management Johnny WAN 22 nd March 2006. Who am I? Grew up in Hong Kong, China 1st year PhD student of the Centre for Strategy and Performance (CSP) Dr Ken Platts is my supervisor This month is my 6 th month in Cambridge . Struggle I am struggling in building the conceptual framework at this moment. Advices and comments from all of you are …

Postponement strategy for international transfer of

Assemble-to-order refers to a supply chain strategy in which products are not assembled until customer order arrives. It is based on the so-called form postponement that is to hold components at a generic form and to delay the point of product differentiation. The performance of an assem-ble-to-order supply chain depends on two main dimensions, which are responsiveness and achievement level of
The relationships between postponement strategies and manufacturing performance in supply chains. An industrial perspective Artur Świerczek Abstract The postponement strategy is one of the most popular concepts, widely implemented in contemporary supply chains.
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.
in supply chain management in recent years. In this paper, a new postponement strategy is applied. Postponement has been appreciated recently, especially in the manufacturing period of realizing mass customization. It has also been much used to respond to the demand uncertainty and usually considered in the planning period. However, the decision role of postponement in the supplying process
12/03/2009 · a supply chain strategy based on the risk analysis. Several case studies were included to support the presented considerations. Key words: risk, supply chain risk management, lean supply chain, agile supply chain. The basic criteria for the evaluation of supply chains are leanness, ability to react and flexibility [Ciesielski 2001, Pfhol 1999]. The emergence of “lean” supply chains is a result
Next in my series on supply chain strategy is the postponement as a strategy. Till now in this series, we have covered the lean and agile as supply chain strategies and this is the third conventional supply chain strategy I will be talking about.

https://youtube.com/watch?v=Cp3Wlla5j9c

Analyzing Postponement/Speculation Strategic in a Two

SUPPLY CHAIN IMPLICATIONS OF PLATFORM STRATEGIES IN

Supply Chain Management Postponement as Supply Chain Strategy


ANALYSIS OF POSTPONEMENT STRATEGIES IN SUPPLY CHAINS

Zara Postponement Strategy Essay Example for Free

Application of Postponement Examples from Industry
Postponement Strategies In Supply Chain Management

Postponement as a tool of creating flexibility is not a new concept. It traces back in literature to the 1950’s but was mainly argued as a method useful for manufacturing. However, postponement could potentially be used in all different parts of an organization to delay certain activities, and
We find that production postponement and information sharing strategies may substitute, complement, or conflict with each other, depending on the extent of the increase in the unit production cost when production is postponed. In a two-level supply chain, from the retailer’s perspective, information sharing and production postponement can be beneficial or detrimental. When information …
The paper aims to present postponement strategy as a crucial element of logistics strategies of today’s global supply chains. The article presents the history of postponement, characteristics of this concept, types of postponement and important information about its implementation in global supply …
The objective of this book was to address the benefits of adopting a pull postponement strategy, which is enabled with a form postponement strategy, in a supply chain from a manufacturer’s point
“Supply Chain Resilience & supply chain strategy” Prof. Dr. Richard Wilding, Profes sor of Supply Chain Strategy. Prof. Dr. Richard Wilding, Centre for Logistics & Supply Chain Management…
Download chapter PDF. In this chapter we report on two case studies of applying postponement strategy in industry. The first case is a study of a Hong Kong based toaster manufacturing company, which has successfully implemented postponement strategy. We present a summary of how postponement strategy was implemented in its supply chain and elaborate on all the benefits …
The Role of Postponement Strategies to Reduce Supply Chain Risk Yang Xiaoxun 1, * , Li Jiajun 2 1 Humanities, Economics and Law School and Management School, …
The relationships between postponement strategies and manufacturing performance in supply chains. An industrial perspective Artur Świerczek Abstract The postponement strategy is one of the most popular concepts, widely implemented in contemporary supply chains.
The principal objective of the SD simulation was to develop policy recommendations for optimal postponement strategy for a global supply chain in terms of shipping points and postponement timing. Fig. 2 presents the SD simulation results at equilibrium for the case s = 4 and k = 3.
Postponement Strategy In Supply Chain Management Johnny WAN 22 nd March 2006. Who am I? Grew up in Hong Kong, China 1st year PhD student of the Centre for Strategy and Performance (CSP) Dr Ken Platts is my supervisor This month is my 6 th month in Cambridge . Struggle I am struggling in building the conceptual framework at this moment. Advices and comments from all of you are …
supply chain strategy that delays product differentiation at a point closer to the customer (Van Hoek, 2001), Wadhwa and Bhoon (2006) examined the feasibility of postponement in vehicle manufacturing through business redesign, and suggested that

Postponement in logistics strategies of global supply chains
Postponement Strategies In Supply Chain Management

Next in my series on supply chain strategy is the postponement as a strategy. Till now in this series, we have covered the lean and agile as supply chain strategies and this is the third conventional supply chain strategy I will be talking about.
The aim of supply chain inventory management is to optimize the inventories and to shift the current customer service curve outward through improved inventory strategies and redesigning the supply chain. This thesis is aimed at studying the effectiveness of various factors in the supply chain environment with and without postponement strategies. Analysis of these factors enables a better
Alternatively, the company could postpone the assembly of the power supply until a later point in the production process. Either approach would result in greater flexibility and lower costs.
A. Szmelter, POSTPONEMENT IN LOGISTICS STRATEGIES OF GLOBAL SUPPLY CHAINS, Toruń Business Review, Vol. 14, Issue 1, 151-161 The paper aims to present postponement strategy as a crucial element of
in Supply Chain Management Yahong ZHENG, Khaled MESGHOUNI Abstract—Uncertain demand is one of the most important uncertainties in supply chain management. Different from the traditional methods, such as dynamic inventory control, estimation of demand, we propose to apply postponement strategy to treat uncertain demand in the process of distribution in supply chain. Postponement …
In recent years, with the acceleration of the globalization process, the number of types of goods and personalized service of customer demand increasingly, the postponement strategy of supply chain management has been paid more attention. Postponement strategy is successful in a wide range of supply chain sectors such as automotive, food and fashion, which require high differentiation. (Li et
Postponement Strategy In Supply Chain Management Johnny WAN 22 nd March 2006. Who am I? Grew up in Hong Kong, China 1st year PhD student of the Centre for Strategy and Performance (CSP) Dr Ken Platts is my supervisor This month is my 6 th month in Cambridge . Struggle I am struggling in building the conceptual framework at this moment. Advices and comments from all of you are …
Impacts on Supply Chain Management through Component Commonality and Postponement: A Case Study Nils Altfeld, Johannes Hinckeldeyn, Jochen Kreutzfeldt and Peter Gust Abstract—Component commonality and postponement have been the focus of research for the last twenty years. Since then numerous models and theories have been developed, but industrial …
supply chain. This paper surveys various types of postponement and classifies them based on the This paper surveys various types of postponement and classifies them based on the view of reconfiguration of the supply chain network, which contains form, time and place
the supply chain, including three types of strategies towards the order fulfilment process, order management, manufacturing and distribution. The first type is the convergent supply
12/03/2009 · a supply chain strategy based on the risk analysis. Several case studies were included to support the presented considerations. Key words: risk, supply chain risk management, lean supply chain, agile supply chain. The basic criteria for the evaluation of supply chains are leanness, ability to react and flexibility [Ciesielski 2001, Pfhol 1999]. The emergence of “lean” supply chains is a result
Supply Chain Management Supply chain management has been emerged during late 1980s (Harland, 1996) and can be defined as the systematic, strategic coordination of the traditional business functions and tactics across these business functions within a particular organization and across business within the supply chain for the purpose of improving the long-term performance of the individual
The relationships between postponement strategies and manufacturing performance in supply chains. An industrial perspective Artur Świerczek Abstract The postponement strategy is one of the most popular concepts, widely implemented in contemporary supply chains.

The Case of Zara Supply Chain Strategic Management
ANALYSIS OF POSTPONEMENT STRATEGIES IN SUPPLY CHAINS

supply chain. This paper surveys various types of postponement and classifies them based on the This paper surveys various types of postponement and classifies them based on the view of reconfiguration of the supply chain network, which contains form, time and place
xii Contents 2.2.3 The Postponement and Independent Systems 38 2.2.4 Numerical Examples 39 2.3 Concluding Remarks 41 3 Analysis of Postponement Strategy by EPQ-based Models 43
in this paper, it is emphasized that a broader view of supply chain management, so called “Extended Supply Chain Management” is adapted to integrate critical inbound and outbound, upstream and downstream logistics function throughout entire product manufacturing operation.
Postponement as a tool of creating flexibility is not a new concept. It traces back in literature to the 1950’s but was mainly argued as a method useful for manufacturing. However, postponement could potentially be used in all different parts of an organization to delay certain activities, and
In recent years, with the acceleration of the globalization process, the number of types of goods and personalized service of customer demand increasingly, the postponement strategy of supply chain management has been paid more attention. Postponement strategy is successful in a wide range of supply chain sectors such as automotive, food and fashion, which require high differentiation. (Li et
strategy is the highest level of delay in the supply chain, which makes use of both manufacturing and logistic postponement. There are trade-offs between different levels
postponement strategies in supply chain management Download postponement strategies in supply chain management or read online here in PDF or EPUB.
Postponement Strategy In Supply Chain Management Johnny WAN 22 nd March 2006. Who am I? Grew up in Hong Kong, China 1st year PhD student of the Centre for Strategy and Performance (CSP) Dr Ken Platts is my supervisor This month is my 6 th month in Cambridge . Struggle I am struggling in building the conceptual framework at this moment. Advices and comments from all of you are …

SUPPLY CHAIN IMPLICATIONS OF PLATFORM STRATEGIES IN
Value of and Interaction between Production Postponement

In this paper, we will analyze how Zara achieves mass customization through “postponement”, with a particular focus on the supply chain structure, relationship and enabling activities supporting postponement strategy across the supply chain.
Value of and Interaction between Production Postponement and Information Sharing Strategies for Supply Chain Firms Hasan Cavusoglu Sauder School of Business, University of British Columbia, 658-2053 Main Mall, Vancouver, British Columbia, V6T1Z2, Canada,
In recent years, with the acceleration of the globalization process, the number of types of goods and personalized service of customer demand increasingly, the postponement strategy of supply chain management has been paid more attention. Postponement strategy is successful in a wide range of supply chain sectors such as automotive, food and fashion, which require high differentiation. (Li et
Best practices for supply chain management. chapter 5 :7-91 ed., Gower publications. PAGH, Janus D, Cooper,Martha C (1998). Supply chain postponement and speculation strategies:how to choose the right strategy.
Download chapter PDF. In this chapter we report on two case studies of applying postponement strategy in industry. The first case is a study of a Hong Kong based toaster manufacturing company, which has successfully implemented postponement strategy. We present a summary of how postponement strategy was implemented in its supply chain and elaborate on all the benefits …

8. 57-64 D-04321 The Role of Postponement Strategies to
Supply Chain Management Postponement as Supply Chain Strategy

companies must integrate postponement strategies in their supply chain approach. The foundational components of this approach are Consumer Centric Development, Responsive Planning and Collaborative Execution. Even though many retailers have implemented Planning, Supplier Collaboration and Product Lifecycle Management (PLM) systems to develop these capabilities in recent years, …
supply chain. This paper surveys various types of postponement and classifies them based on the This paper surveys various types of postponement and classifies them based on the view of reconfiguration of the supply chain network, which contains form, time and place
xii Contents 2.2.3 The Postponement and Independent Systems 38 2.2.4 Numerical Examples 39 2.3 Concluding Remarks 41 3 Analysis of Postponement Strategy by EPQ-based Models 43
We find that production postponement and information sharing strategies may substitute, complement, or conflict with each other, depending on the extent of the increase in the unit production cost when production is postponed. In a two-level supply chain, from the retailer’s perspective, information sharing and production postponement can be beneficial or detrimental. When information …
Supply Chain Management Supply chain management has been emerged during late 1980s (Harland, 1996) and can be defined as the systematic, strategic coordination of the traditional business functions and tactics across these business functions within a particular organization and across business within the supply chain for the purpose of improving the long-term performance of the individual
Assemble-to-order refers to a supply chain strategy in which products are not assembled until customer order arrives. It is based on the so-called form postponement that is to hold components at a generic form and to delay the point of product differentiation. The performance of an assem-ble-to-order supply chain depends on two main dimensions, which are responsiveness and achievement level of
“Supply Chain Resilience & supply chain strategy” Prof. Dr. Richard Wilding, Profes sor of Supply Chain Strategy. Prof. Dr. Richard Wilding, Centre for Logistics & Supply Chain Management…
Abstract. Inventory is an important part of supply chain management as it directly impacts both cost and service. As demand is more or less uncertain and it takes time to manufacture and deliver the goods, some amount of inventory is required somewhere in the chain to provide the required service to the end customer.
The objective of this book was to address the benefits of adopting a pull postponement strategy, which is enabled with a form postponement strategy, in a supply chain from a manufacturer’s point
Value of and Interaction between Production Postponement and Information Sharing Strategies for Supply Chain Firms Hasan Cavusoglu Sauder School of Business, University of British Columbia, 658-2053 Main Mall, Vancouver, British Columbia, V6T1Z2, Canada,
In recent years, with the acceleration of the globalization process, the number of types of goods and personalized service of customer demand increasingly, the postponement strategy of supply chain management has been paid more attention. Postponement strategy is successful in a wide range of supply chain sectors such as automotive, food and fashion, which require high differentiation. (Li et

[PDF] Postponement Strategies in Supply Chain Management
ANALYSIS OF POSTPONEMENT STRATEGIES IN SUPPLY CHAINS

We find that production postponement and information sharing strategies may substitute, complement, or conflict with each other, depending on the extent of the increase in the unit production cost when production is postponed. In a two-level supply chain, from the retailer’s perspective, information sharing and production postponement can be beneficial or detrimental. When information …
in Supply Chain Management Yahong ZHENG, Khaled MESGHOUNI Abstract—Uncertain demand is one of the most important uncertainties in supply chain management. Different from the traditional methods, such as dynamic inventory control, estimation of demand, we propose to apply postponement strategy to treat uncertain demand in the process of distribution in supply chain. Postponement …
The Role of Postponement Strategies to Reduce Supply Chain Risk Yang Xiaoxun 1, * , Li Jiajun 2 1 Humanities, Economics and Law School and Management School, …
supply chain strategy that delays product differentiation at a point closer to the customer (Van Hoek, 2001), Wadhwa and Bhoon (2006) examined the feasibility of postponement in vehicle manufacturing through business redesign, and suggested that
the supply chain, including three types of strategies towards the order fulfilment process, order management, manufacturing and distribution. The first type is the convergent supply
Be familiar with strategic initiatives such as postponement, lean and agility in supply chain. 4. Understand the challenges faced in implementing a supply chain operation strategy.
companies must integrate postponement strategies in their supply chain approach. The foundational components of this approach are Consumer Centric Development, Responsive Planning and Collaborative Execution. Even though many retailers have implemented Planning, Supplier Collaboration and Product Lifecycle Management (PLM) systems to develop these capabilities in recent years, …
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.