Introduction

T.C. Edwin Cheng (), Jian Li (), C.L. Johnny Wan () and Shouyang Wang ()
Additional contact information
T.C. Edwin Cheng: The Hong Kong Polytechnic University
Jian Li: School of Economics & Management Beijing University of Chemical Technology (BUCT)
C.L. Johnny Wan: The Hong Kong Polytechnic University
Shouyang Wang: Chinese Academy of Sciences Academy of Mathematics & Systems Science

Chapter Chapter 1 in Postponement Strategies in Supply Chain Management, 2010, pp 1-17 from Springer

Abstract: Abstract Postponementpostponement has been discussed by numerous scholars and researchers from different perspectives since 1950s when Alderson [3] observed that products tend to differentiate when they near the time of purchase in order to reduce marketing costs. He named this concept the principle of postponement. Postponementpostponement , also known as late customization or delayed product differentiation, refers to delaying some product differentiation processes in a supply chainsupply chain as late as possible until the supply chain supply chain is cost effective (Garg and Lee [43]). It gives rise to economies of scaleeconomies of scale and scope economies of scope through product and process standardizationstandardization and customization, respectively.

Keywords: Supply Chain; Product Family; Mass Customization; Customer Order; Economic Order Quantity (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-1-4419-5837-2_1

Ordering information: This item can be ordered from
http://www.springer.com/9781441958372

DOI: 10.1007/978-1-4419-5837-2_1

Access Statistics for this chapter

More chapters in International Series in Operations Research & Management Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().