Conclusions, Implications and Future Research Directions

T.C. Edwin Cheng (), Jian Li (), C.L. Johnny Wan () and Shouyang Wang ()
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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 7 in Postponement Strategies in Supply Chain Management, 2010, pp 133-136 from Springer

Abstract: The objective of this book was to address the benefits of adopting a pull postponementpull postponement strategy, which is enabled with a form postponement strategy, in a supply chain from a manufacturer’s point of view. In order to provide some general insights that can be applied to a wide spectrum of scenarios, we developed four postponement models based on different customer demand distributions, inventory policies and supply chain compositions. In each model, a total average cost function and some performance indicators were defined and they were used to compare with those of a non-postponement model. Our research showed that the postponement strategy is more beneficial when dealing with more than one end-product. A summary of our findings are presented as follows.

Date: 2010
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DOI: 10.1007/978-1-4419-5837-2_7

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