Managerial flexibility strategies under supply and demand risks: quantity postponement vs. price postponement
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DOI: 10.1007/s13042-018-0852-3
Abstract: The stochastic demand and the uncertain supply/yield are common marketing operation risks. To solve these risks, firms usually apply quantity postponement strategy or price postponement strategy to improve supply chain performance. In this paper, we… read more here.
Keywords: postponement strategy; firm; price; postponement ... See more keywords
Real options approach to evaluate postponement as supply chain disruptions mitigation strategy
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DOI: 10.1080/00207543.2017.1403663
Abstract: The purpose of this paper is to assess the value of postponement as strategy for mitigating supply chain disruptions. To accomplish this objective, we develop a real option computational model that quantifies the value of… read more here.
Keywords: postponement; mitigation strategy; chain disruptions; strategy ... See more keywords
Assessing the benefits of labelling postponement in an export-focused winery
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DOI: 10.1080/00207543.2018.1431415
Abstract: Supporting wine production operations in an increasingly global market has grown ever more challenging. Export-focused wineries supply many foreign clients, often requiring different labels for the same kind of wine. Order forecasts tend to be… read more here.
Keywords: export; postponement; production; assessing benefits ... See more keywords
Optimal postponement in supply chain network design under uncertainty: an application for additive manufacturing
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DOI: 10.1080/00207543.2020.1775908
Abstract: ABSTRACT This study presents a new two-stage stochastic programming decision model for assessing how to introduce some new manufacturing technology into any generic supply and distribution chain. It additionally determines the optimal degree of postponement,… read more here.
Keywords: supply; chain; postponement; uncertainty ... See more keywords