Conclusions, Implications and Future Research Directions
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The objective of this book was to address the benefits of adopting a pull 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.
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