Provide Quick Response 5. Modularize (With increasing degree of Organizational/Market turbulence) - In Japan, highly personalized services in car business. Representative sent to home and taken many notes for the right car. Statistics very strictly kept. Customization 3; Provide Quick Response throughout the supply chain Customization 4; Provide point of delivery customization - Develop products where point of delivery customization is feasible - Produce standardization portion centrally - Market customized products or services - Deliver standardize product - Point of Deliver customized Customization 5; Modularize Components to customize end products - Types of Modularity for Mass customization: o Component sharing modularity(Dell) o Cut-to-Fit Modularity (Gutters that do not require seams; golf clubs) o Bus Modularity (E-books) o Mix Modularity (Paints) o Sectional Modularity (Lego) Customization & Postponement Three types of postponement: - Logistic (geographic) postponement: o Moving customization point closer to customers o Delaying differentiation point by standardizing parts, products and processes o Time When is postponement possible? - Fluctuating demand - Unpredictable demand - Short lead times - Need for differentiation o Customization demanded - High product value - High component commonality Advantages of Postponement - Lower inventory cost - Improved product availability (better customer service) - Lower burden on forecasting o Especially during ramp-up and end-of-life - Lower reconfiguration costs for trans-shipment - Lower obsolescence and write-offs
displayed 300 characters

Pay now and get a FULL UNLIMITED access! This option entitles you to get access to a huge database of 200.000 essay papers. You receive a possibility of full access and of viewing an unlimited number of essays for a fair price! Any subject, any topic and any level of difficulty of a paper - anything can be found here.   No limitations and no restrictions with EssaysBank.com, since our aim is to help you with your essay writing. A huge database of supplementary materials for your research and for better understanding of the topic costs so few! Use your chance to make a better research and to receive a higher grade!

Customization and the Customer - Provide personalized, custom-designed products at prices very close to traditionally offered prices of mass produced merchandise. - Give customers what they want; price they want; time they want it - Variety in products + services so every customer can purchase customized product at mass-produced item price...
displayed next 300 characters

Title	Pages / Words	Save
Price/Income Elasticity of Demand By placing the price elasticity on the demand curve and comparing range values, UPS can acknowledge the effects of increasing and decreasing prices on revenue Another method for an organization to calculate possibilities is to use the concept of income elasticity of demand...	3 / 563
Products, Services, and Prices in the Free Market Economy: Price Elasticity of Demand The company shines with its home delivery service. This paper will show how Domino's Pizza can increase or decrease its revenue by using price elasticity of demand and will discuss interpretations of elastic demand, inelastic demand and unit elasticity...	4 / 963
Elasticity The Three Concepts There are three concepts that must be acknowledged and used to solve the problems at hand: elasticity, price elasticity of demand and income elasticity of demand...	1 / 168
Products, Services, and Prices in the Free Market Economy A determination will be made as to the price elasticity of demand of the product and whether the product is elastic or inelastic. A determination will also be made as to how an increase in a consumer’s income would affect the demand for Starbucks products...	5 / 1393