Question: This discussion is for my marketing class please help! Discussion Board: Speculation vs. Postponement In business logistics / marketing strategy, the principle of speculation suggests
This discussion is for my marketing class please help!
Discussion Board: Speculation vs. Postponement In business logistics / marketing strategy, the principle of speculation suggests that businesses could achieve manufacturing efficiencies by producing goods in bulk a while before they are actually needed by the customers, thus "speculating somewhat as to exactly what the customer will want, and providing the goods at a lower price. The principle of postponement suggests that businesses should delay the final completion of the product to a point closer to the time and place of consumption / purchase, in order to more closely match the details of customer need Discuss or comment on the following. You may start a thread or post to one that is already started. Obviously, postponement vs speculation is a kind of a balancing act. It could be that some situations call for one while other situations call for the other. Can you give examples of each from your own experience or from newspaper, magazine, or journal articles you have read? Which do you think makes more sense for companies today? Why
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
