Postponement strategies in supply chain management:
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York, NY [u.a.]
Springer
2010
|
| Schriftenreihe: | International series in operations research & management science
143 |
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis Klappentext |
| Beschreibung: | XVIII, 166 S. Ill., graph. Darst. |
| ISBN: | 9781441958365 |
Internformat
MARC
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Datensatz im Suchindex
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|---|---|
| adam_text | International Series in Operations Research
&
Management Science
(SOR
143
Advancing the State-Of-The-Art
Т. С
Edwin Cheng
«Jian
Li
·
C L.
Johnny Wan
·
Shouyang Wang
Postponement Strategies in Supply Chain Management
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 reduce the anticipatory
risk in a supply chain. It can be fine-tuned or staged so that only the generic parts
shared by a firm s various end products are warehoused, used only once orders
come in for whichever products are selling, and will reduce inventory pressures
throughout the firm. Despite much existing research in the area, no one book
devoted solely to postponement has been published.
At its core, Postponement Strategics in Supply Chain Management analyzes how both
pull postponement strategy and form postponement strategy can be leveraged to
yield substantial benefits to adopting firms in different competitive environments.
The book is intended for researchers in supply chain management interested in
conducting in-depth studies on postponement strategies. It is also intended for
practitioners trying to understand the workings of postponement strategies and
looking for guidance and decision support for the implementation of postpone¬
ment strategies. Therefore, the book can be useful not only for researchers but also
for practitioners and graduate students in operations management, management
science, and business administration.
Contents
1
Introduction
...........................
1.1
From Product Variety to Postponement
,
1.1.1
Product Variety
..............
1.1.2
Mass Customization
..........
..................... 1
..................... 1
..................... 1
..................... 2
1.1.3
Postponement Strategy
................................ 3
1.2
Classification of Postponement
................................ 3
1.2.1
Pull Postponement
................................... 4
1.2.2
Logistics Postponement
............................... 6
.2.3
Form Postponement
.................................. 7
.2.4
Price Postponement
.................................. 8
.2.5
Implications
......................................... 8
.2.6
Advantages and Disadvantages of Postponement
.......... 9
.2.7
Prerequisites for Postponement Strategy Development
..... 10
1.3
Cost Models for Analyzing Postponement Strategies
............. 11
.3.1
Stochastic Models
.................................... 11
.3.2
Heuristic Models
..................................... 12
.3.3
Descriptive Models
................................... 13
.3.4
Performance Measures
................................ 14
1.4
A Literature Review for Model Development
.................... 14
.4.1
EOQ and EPQ Models
................................ 15
.4.2
Lot Size-Reorder Point Model
......................... 16
.4.3
Markov Chain
....................................... 16
1.5
Concluding Remarks
........................................ 17
Analysis of Pull Postponement by EOQ-based Models
.............. 39
2.1
Postponement Strategy for Ordinary (Imperishable) Items
......... 19
2.1.1
Proposed Model and Assumptions
...................... 19
2.1.2
Case
1:
Same
Backorder
Cost
.......................... 22
2.1.3
Case
2:
Different
Backorder
Costs
...................... 26
2.1.4
A Numerical Example
................................ 30
2.2
Postponement Strategy for Perishable Items
..................... 32
2.2.1
Notation and Assumptions
............................. 33
2.2.2
Model Formulation
................................... 34
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
3.1
Analysis of Postponement Strategy by an EPQ-based Model
without Stockout
........................................... 43
3.1.1
Proposed Model and Assumptions
...................... 43
3.1.2 2
Machines for
2
End-Products
......................... 46
3.1.3
η
Machines for
η
End-Products
......................... 56
3.2
Analysis of Postponement Strategy by an EPQ-based Model
with Planned
Backorders
.................................... 62
3.2.1
Proposed Model and Assumptions
...................... 63
3.2.2
Demands Are Met Continuously
........................ 65
3.2.3
Demands Are Met After Production Is Complete
.......... 71
3.3
Concluding Remarks
........................................ 78
4
Evaluation of a Postponement System
with an (r, q) Policy
............................................. 81
4.1
The Proposed Models and Assumptions
........................ 81
4.2
System Dynamics for a Non-postponement System
............... 83
4.3
The Algorithm for Finding a Near Optimal Total Average Cost
of an (r, q) Policy
.......................................... 84
4.3.1
The Markov Chain Development
....................... 84
4.3.2
The Algorithm for Finding a Near Optimal total
Average Cost
....................................... 99
4.4
System Dynamics for a Postponement System
...................102
4.5
Average Cost Comparison of the Two Systems When
L
= 0.......103
4.6
Average Cost Comparison of the Two Systems When L>
1 .......104
4.6.1
An Overview of the Simulation Results
..................104
4.6.2
Impacts of Parameters on Average Cost
..................106
4.7
Concluding Remarks
........................................107
5
Simulation of a Two-End-Product Postponement System
............109
5.1
Proposed Model and Assumptions
.............................110
5.1.1
Notation
............................................
Ill
5.1.2
Model Assumptions
..................................
Ill
5.2
Methodology
...............................................112
5.2.1
System Dynamics
....................................112
5.2.2
The Simulation Model
................................114
5.23
Customer Demand Distribution
.........................114
5.2.4
Order Quantity and Reorder Point
......................115
5.2.5
Summary of Parameters
...............................115
5.2.6
Initial Conditions
....................................115
5.3
Simulation Results for Non-cost Parameters
.....................117
Contents xiii
5.3.1 Uniform Distribution.................................117
5.3.2
Poisson
Distribution..................................118
5.3.3 Normal Distribution
I
.................................119
5.3.4 Normal Distribution
II
................................120
5.4 Simulation
Results for Cost
Parameters.........................121
5.5
Concluding Remarks
........................................123
6
Application of Postponement: Examples from Industry
.............125
6.1
A Case Study from Hong Kong
...............................125
6.1.1
An Overview of the Company
..........................126
6.1.2
Implementation of Postponement
.......................126
6.1.3
Benefits of Using Postponement
........................127
6.1.4
Implications
.........................................128
6.2
The Case of Taiwanese Information Technology Industry
.........129
6.2.1
The Hypothesis
......................................129
6.2.2
Methodology
........................................130
6.2.3
Results
.............................................131
6.2.4
Implications
.........................................131
6.3
Concluding Remarks
........................................132
7
Conclusions, Implications and Future Research Directions
..........133
7.1
Conclusions
................................................133
7.2
Implications and Further Research Directions
...................134
A Simulation Results (Uniform Distribution)
.........................137
8
Simulation Results
(Poisson
Distribution)
..........................141
С
Simulation Results (Normal Distribution I)
........................147
D
Simulation Results (Normal Distribution II)
.......................151
E
Simulation Results for Cost Analysis
..............................155
References
......................................................... 157
About the Authors
..................................................163
Index
.............................................................165
|
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| discipline | Wirtschaftswissenschaften |
| format | Book |
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| indexdate | 2024-07-09T22:09:01Z |
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| language | English |
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| spelling | Cheng, T. C. E. Verfasser (DE-588)1047980339 aut Postponement strategies in supply chain management T. C. Edwin Cheng ... New York, NY [u.a.] Springer 2010 XVIII, 166 S. Ill., graph. Darst. txt rdacontent n rdamedia nc rdacarrier International series in operations research & management science 143 Business logistics Management Strategic planning Supply Chain Management (DE-588)4684051-5 gnd rswk-swf Strategische Planung (DE-588)4309237-8 gnd rswk-swf Supply Chain Management (DE-588)4684051-5 s Strategische Planung (DE-588)4309237-8 s DE-604 Erscheint auch als Online-Ausgabe 978-1-4419-5837-2 International series in operations research & management science 143 (DE-604)BV011630976 143 Digitalisierung UB Regensburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018878604&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Regensburg application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018878604&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
| spellingShingle | Cheng, T. C. E. Postponement strategies in supply chain management International series in operations research & management science Business logistics Management Strategic planning Supply Chain Management (DE-588)4684051-5 gnd Strategische Planung (DE-588)4309237-8 gnd |
| subject_GND | (DE-588)4684051-5 (DE-588)4309237-8 |
| title | Postponement strategies in supply chain management |
| title_auth | Postponement strategies in supply chain management |
| title_exact_search | Postponement strategies in supply chain management |
| title_full | Postponement strategies in supply chain management T. C. Edwin Cheng ... |
| title_fullStr | Postponement strategies in supply chain management T. C. Edwin Cheng ... |
| title_full_unstemmed | Postponement strategies in supply chain management T. C. Edwin Cheng ... |
| title_short | Postponement strategies in supply chain management |
| title_sort | postponement strategies in supply chain management |
| topic | Business logistics Management Strategic planning Supply Chain Management (DE-588)4684051-5 gnd Strategische Planung (DE-588)4309237-8 gnd |
| topic_facet | Business logistics Management Strategic planning Supply Chain Management Strategische Planung |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018878604&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018878604&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV011630976 |
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