Research Article Open Access

Performance Analysis of Inventory Management System in Construction Industries in India

Abstract

Inventory management system involves procurement, storage, identification, retrieval, transport and construction methods. Each is indelibly linked to safety, productivity and schedule performance. The main objective of the study is to analyse the inventory management control adopted and the effective utilization of inventory at the construction site. The first part based on conducting questionnaire survey in various construction companies. In second part, analysing those results by using Statistical Package for Social Sciences SPSS. ABC analysis is one of the conventionally used approaches to classify the inventories and the case study of a company is collected. The model can deal with both uncertain demand and availability of supply. These findings may mainly reflect the main factors that will affect the inventory management system which able to achieve the improved efficiency of project management and to reduce the waste of materials in the respective region of construction industries.

S.Sindhu, Dr.K.Nirmalkumar, V.Krishnamoorthy

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