Management of uncertainty through postponement

Yang, Biao, Burns, Neil and Backhouse, Chris (2004) Management of uncertainty through postponement. International Journal of Production Research, 42 (6). pp. 1049-1064. ISSN 0020-7543

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Abstract

It has long been recognized that one of the most important tasks for any organization to cope with is uncertainties. However, uncertainty in the business environment has still been the main cause of failure in industry. The paper investigates the role of postponement in the management of uncertainty. The concept of postponement is developed to include product development postponement, purchasing postponement, production postponement and logistics postponement. These postponement strategies are all presented to cope with different levels of uncertainty. Finally, conclusions are drawn and some remarks about further research are made.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Business and Management
Subjects: T Technology > TS Manufactures > TS0155 Production management. Operations management
Depositing User: Biao Yang
Date Deposited: 24 Apr 2012 13:55
Last Modified: 30 Nov 2012 17:12
URI: http://sro.sussex.ac.uk/id/eprint/38678
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