Postponement

Postponement As Supply Chain Strategy

The postponement strategy is based on the following two basic principles of demand forecasting.image The accuracy of the forecast demand decreases with an increase in the time horizon. The farther the time window for which the demand is being forecasted, the more inaccurate it will be. The figure graphically represents this effect as a funnel: as time extends farther into… Read More »Postponement As Supply Chain Strategy