28.3 C
Singapore
Friday, March 22, 2024
HomeSupply ChainOvercoming Challenges in Implementing Supply Chain for the Construction Industry

Overcoming Challenges in Implementing Supply Chain for the Construction Industry

The construction industry has constantly evolved over the years in response to the rise in customer demand. As a result of the increase in demand and the need to scale up and manage multiple construction projects, various construction companies have had to review their organisational structure and develop new management methodologies. The supply chain concept has evolved due to these compulsions.

Construction companies adopted the integrated supply chain management system and have realised over time that this has resulted in improving their efficiency of managing the various construction projects. More specifically it has helped them to manage the project execution and closure in time. The role of supply chain in construction is to ensure better coordination by the company of activities at site, reduce lead time, wastage during projects and timely closure. The effective implementation of supply chain methodologies has also helped the construction companies to improve the efficiency of the overall building processes. The transition from the traditional management of construction companies to a more integrated supply chain management system has been fraught with challenges and difficulties.


The full content is only visible to SIPMM members

Already a member? Please Login to continue reading.


Shivakumar Sundar
Shivakumar Sundar
Shivakumar Sundar has work experiences in the Financial Services industry and has currently loved into the logistics and supply chain Sector. He holds a Bachelor of Business Administration Degree from the University of Nevada, Reno (United States). He is a member of the Singapore Institute of Purchasing and Materials Management (SIPMM). Shiva completed the course on Diploma in Logisticsand Supply Management (DLSM) in March 2018 at SIPMM Institute.
RELATED ARTICLES

Most Read