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Management of uncertainty through postponement

journal contribution
posted on 2023-06-08, 11:21 authored by Biao YangBiao Yang, Neil Burns, Chris Backhouse
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.

History

Publication status

  • Published

Journal

International Journal of Production Research

ISSN

0020-7543

Publisher

Taylor and Francis Ltd

Issue

6

Volume

42

Page range

1049-1064

Department affiliated with

  • Business and Management Publications

Full text available

  • No

Peer reviewed?

  • Yes

Legacy Posted Date

2012-04-24

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