Product variety Essays

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Introduction on what is Postponement
Over days gone by 10 years, there's been a growing consciousness in industry towards the value of effective Resource Chain Management (SCM). The term supply chain has turned into a standard area of the business vocabulary. There are as many definitions for the term as articles or books on this issue, but the basic idea is integration. Excellent performance may be accomplished by taking an integrated view of all the activities necessary to convert recycleables into completed..
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Postponement in Developing and Supply Chain
In general production process, lots of the end products stocks some typically common process plus some of them in the original periods. At some specific point along the way, specialized techniques or components are being used to personalize the work-in-process, that was the (generic) product up to that point in the process, into the different end-products. This aspect is referred as point of product differentiation. Postponement identifies redesigning the process to delay..
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