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Conceptualizing Supply Chain Cost Management as a Construct for Managing Construction Contractors Profitability
The purpose of this paper is to conceptualize construction supply chain cost management (CSCCM) as construct for managing the profitability of contractors. The said construct CSCCM is coined by synthesizing the twin concept of supply chain management (SCM) and cost management (CM) and identify practices for it implementation by contractors. The conceptualization of the construct is achieved through a well-structured literature review of concepts and sub-concepts associated with SCM and CM leading to the introduction of a novel definition for SCCM, which the authors view as the strategic management of costrelated activities through estimating, cost budgeting and control across inter-organizational boundaries along the supply chain. A conceptual framework for deploying SCCM as project profitability management tool for contractors was introduced. The research provides a basis for improving contractor’s project profitability in Nigeria ; IJSRED - International Journal of Scientific Research and Engineering Development
Conceptualizing Supply Chain Cost Management as a Construct for Managing Construction Contractors Profitability
The purpose of this paper is to conceptualize construction supply chain cost management (CSCCM) as construct for managing the profitability of contractors. The said construct CSCCM is coined by synthesizing the twin concept of supply chain management (SCM) and cost management (CM) and identify practices for it implementation by contractors. The conceptualization of the construct is achieved through a well-structured literature review of concepts and sub-concepts associated with SCM and CM leading to the introduction of a novel definition for SCCM, which the authors view as the strategic management of costrelated activities through estimating, cost budgeting and control across inter-organizational boundaries along the supply chain. A conceptual framework for deploying SCCM as project profitability management tool for contractors was introduced. The research provides a basis for improving contractor’s project profitability in Nigeria ; IJSRED - International Journal of Scientific Research and Engineering Development
Conceptualizing Supply Chain Cost Management as a Construct for Managing Construction Contractors Profitability
Daniel Onyekachi Kanu (author) / Olusola Ogunsina (author) / Nathaniel N. Agu (author)
2022-02-13
oai:zenodo.org:6058567
Article (Journal)
Electronic Resource
English
DDC:
690
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