Study on Postponement in Supply Chain Management
Donghong Zeng, Weisheng An, Lei Xiao
Abstract
Donghong Zeng, Weisheng An, Lei Xiao
Abstract
This paper introduces the connotation of postponement, constructs two simple models for evaluation the cost of original supply chain and postponement supply chain. Then author compares the cost of two models from the angel of demand variety, demand uncertainty and inventory cost by data, and discussed when it may be worthwhile to application the postponement in supply chain.
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This paper introduces the connotation of postponement, constructs two simple models for evaluation the cost of original supply chain and postponement supply chain. Then author compares the cost of two models from the angel of demand variety, demand uncertainty and inventory cost by data, and discussed when it may be worthwhile to application the postponement in supply chain.
Key concepts: Postponement, Supply chain, Supply chain management, Connotation, Supply chain risk management, Variety (cybernetics), Computer science, Service management