Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Beyond Egan’s supply chain management: advancing the role of logistics in the South African construction industry
The construction industry has globally been identified by investors andportfolio managers as under-performing in terms of return on investment (ROI),while simultaneously exposing the capital investment of investors to thehighest levels of risk compared to any significant industry. In some cases,construction firms have received rates of return of as low as 1.5 to 2%. This istypically an unsustainable level of return for investors as they can gain aconsiderably higher ROI through much less risky financial vehicles such as giltsand bonds. Given such a low rate of return, the construction industry has for anumber of years attempted to increase efficiency and reduce costs as ameans of winning further business and increasing profitability.One of the methods that have been espoused as offering significant potentialbenefits for construction has been the industry-wide adoption of the principlesof supply chain management (SCM). However, at present the bulk of SCMpractice is focussed on high level strategic issues, whilst largely ignoring moreoperational issues related to logistics. This is a major omission, given the factthat a recent study by the Building Research Establishment (BRE) in the UKindicates that as much as 30% of the cost of construction is attributed totransportation of materials. This article examines, through a review of literature,the role of SCM in construction and the contribution an effective logisticssystem can make to increasing efficiency and reducing construction costs.
Beyond Egan’s supply chain management: advancing the role of logistics in the South African construction industry
The construction industry has globally been identified by investors andportfolio managers as under-performing in terms of return on investment (ROI),while simultaneously exposing the capital investment of investors to thehighest levels of risk compared to any significant industry. In some cases,construction firms have received rates of return of as low as 1.5 to 2%. This istypically an unsustainable level of return for investors as they can gain aconsiderably higher ROI through much less risky financial vehicles such as giltsand bonds. Given such a low rate of return, the construction industry has for anumber of years attempted to increase efficiency and reduce costs as ameans of winning further business and increasing profitability.One of the methods that have been espoused as offering significant potentialbenefits for construction has been the industry-wide adoption of the principlesof supply chain management (SCM). However, at present the bulk of SCMpractice is focussed on high level strategic issues, whilst largely ignoring moreoperational issues related to logistics. This is a major omission, given the factthat a recent study by the Building Research Establishment (BRE) in the UKindicates that as much as 30% of the cost of construction is attributed totransportation of materials. This article examines, through a review of literature,the role of SCM in construction and the contribution an effective logisticssystem can make to increasing efficiency and reducing construction costs.
Beyond Egan’s supply chain management: advancing the role of logistics in the South African construction industry
Shakantu, Winston (Autor:in) / Tookey, John (Autor:in) / Muya, Manya (Autor:in) / Bowen, Paul (Autor:in)
30.06.2007
Acta Structilia; Vol. 14 No. 1 (2007); 93-115 ; 2415-0487 ; 1023-0564
Aufsatz (Zeitschrift)
Elektronische Ressource
Englisch
DDC:
690
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