Description :

Construction industry involves multi echelon supply chain with so many stake holders involved the inventory management becomes a critical aspect of construction project management. Construction projects have many changes and variations through the construction process so a certain level of material inventory is essential moreover construction firms are increasingly adopting a modularization process involving on site fabrication of raw materials like the iron rebar process this is a more complex system composed of a. Construction inventory management designing buildings wiki share your construction industry knowledge construction inventory management is a means by which construction companies and suppliers can keep track of materials workforce equipment and plant this is particularly important when a construction company has multiple projects to manage as efficient scheduling can become very . The procedure involves removing items from the inventory in chronological order which means removing the first item entered into the inventory system this is a standard and common control procedure for inventory items that have expiration dates so items are not left in the inventory to expire and become wastes