Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Eine Plattform für die Wissenschaft: Bauingenieurwesen, Architektur und Urbanistik
Safety Stock in Inventory Management and Wastage Analysis at Construction Sites
Inventory control in construction projects is a key function to the project success. Inventory serves as a link between planning and execution of a project. In construction industry, majority of the cost is involved in inventories so it is important to keep the inventories under strict control otherwise it may lead to cost and time overrun. As construction industry consumes large part of inventories, so it produces huge amount of wastes. It is established that the wastages have a significant negative impact on cost and time of a project. So, it is of utmost importance to know the impact of these causes of wastages on cost and time so that a proper mitigation plan can be prepared and impact of these causes of wastage be reduced or eliminated. This paper mainly put emphasis on safety stock analysis aiming to determine the safety stock of inventories after calculation of average lead time, actual lead time, average demand per day, standard deviation and service factor from the set of data obtained from the site. It also aims to provide a model for automation of safety stocks to prevent stock-outs using PYTHON software. Apart from that, it involves a questionnaire survey to analyze the impact of various causes of wastage in construction on the basis of cost and time.
Safety Stock in Inventory Management and Wastage Analysis at Construction Sites
Inventory control in construction projects is a key function to the project success. Inventory serves as a link between planning and execution of a project. In construction industry, majority of the cost is involved in inventories so it is important to keep the inventories under strict control otherwise it may lead to cost and time overrun. As construction industry consumes large part of inventories, so it produces huge amount of wastes. It is established that the wastages have a significant negative impact on cost and time of a project. So, it is of utmost importance to know the impact of these causes of wastages on cost and time so that a proper mitigation plan can be prepared and impact of these causes of wastage be reduced or eliminated. This paper mainly put emphasis on safety stock analysis aiming to determine the safety stock of inventories after calculation of average lead time, actual lead time, average demand per day, standard deviation and service factor from the set of data obtained from the site. It also aims to provide a model for automation of safety stocks to prevent stock-outs using PYTHON software. Apart from that, it involves a questionnaire survey to analyze the impact of various causes of wastage in construction on the basis of cost and time.
Safety Stock in Inventory Management and Wastage Analysis at Construction Sites
Lecture Notes in Civil Engineering
Das, Bibhuti Bhusan (Herausgeber:in) / Nanukuttan, Sreejith V. (Herausgeber:in) / Patnaik, Anil K. (Herausgeber:in) / Panandikar, Neena Shekhar (Herausgeber:in) / Paul, Bishal (Autor:in) / Tondihal, Santosh (Autor:in) / Das, Bibhuti Bushan (Autor:in)
24.11.2020
9 pages
Aufsatz/Kapitel (Buch)
Elektronische Ressource
Englisch
Wastage of materials on building sites
| TIBKAT | 1974
Wastage on Building Construction Sites - What the Sri Lankan Contractors Say
| British Library Conference Proceedings | 1992
Analysis of Wastage of Construction Materials in a Construction Project
| Springer Verlag | 2024
Analytical Study between Construction Material Wastage and Time Overrun
| BASE | 2019