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Postponement Definition and Explanation PDF | Download eBooks

Learn Postponement definition in supply chain management with explanation to study “What is Postponement”. Study postponement explanation with SCM terms to review supply chain management course for online MBA programs.

Postponement Definitions:

  1. Delay of any modifications or customization to a product as long as possible in the production process.

    Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson



  2. Delaying any modifications or customization to a product as long as possible in the production process.

    Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson



Postponement Explanation:

Inside store network the board (SCM), deferment is a conscious activity to postpone last assembling or circulation of an item until receipt of a client request. This lessens the frequency of wrong assembling or off base stock arrangement. Delay methodologies and practices serve to lessen the expectant hazard in an inventory network. It very well may be calibrated or arranged with the goal that just the nonexclusive parts shared by an association's different final results are warehoused, utilized just once arranges come in for whichever items are selling, and will diminish stock weights all through the firm.

Postponement Explanation:

Inside store network the board , deferment is a conscious activity to postpone last assembling or dissemination of an item until receipt of a client request. This decreases the rate of wrong assembling or mistaken stock organization. Delay techniques and practices serve to diminish the expectant hazard in a production network. It very well may be tweaked or organized so just the nonexclusive parts shared by an association's different final results are warehoused, utilized just once requests come in for whichever items are selling, and will lessen stock weights all through the firm. Deferment is a significant idea utilized in Supply Chain Management wherein the producer on produces a nonexclusive item, to be changed at later stages before shipping it to the client. For instance, an umbrella producer may make every single white umbrella without a moment's delay as he may not know the interest of explicit shaded umbrellas in advance.

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