(a) What do we mean by a “postponement strategy”? Why can it be an effective strategy...

60.1K

Verified Solution

Question

General Management

(a) What do we mean by a “postponement strategy”? Why can it bean effective strategy for a firm engaging mass customization?
(b) Since the 2008 global financial crisis, the B/L (“bill oflading”) of container shipments from Asian factories to the UnitedStates (US) has increasingly specified US gateway ports, ratherthan the local RDCs (regional distribution centers) of finalmarkets, as the stopping points (as opposed to through points).What are the main reasons behind this development, and why?
(c) Following part (b), should the phenomenon happen more oftenfor high-value products or for low-value products? Explain youranswer.

Answer & Explanation Solved by verified expert

3.6 Ratings (333 Votes)

1Postponement strategy is the strategy of withholding the investments until the last moment This is done in order to minimize risks and maximize returns of investment postponements strategy is used by supply chain managers to increase their returns Postponement See Answer

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member