Supply chain cost model for prefabricated building material based on time-driven activity-based costing

2016 ◽  
Vol 43 (4) ◽  
pp. 287-293 ◽  
Author(s):  
Yong-Woo Kim ◽  
Seung-Heon Han ◽  
June-Seong Yi ◽  
SooWon Chang
Keyword(s):  
Sensitivity Analysis ◽  
Supply Chain ◽  
Supply Chains ◽  
Construction Industry ◽  
Cost Model ◽  
Building Construction ◽  
Activity Based Costing ◽  
Chain Management ◽  
Material Supply ◽  
Supply Chain Costs

The effect of ‘supply chain management’ can be leveraged when benefits of collaboration within and beyond the capacities of individual organizations are witnessed. One of the primary tasks in reducing total supply chain costs is to understand where the costs occur in a supply chain and how each activity impacts the total supply chain costs. Most supply chains in construction usually involve multiple entities, each one in a different process. A rebar supply chain is one example where many entities are involved in different processes. The supply chain coordinator needs a supply chain cost model, which shows how each activity impacts all supply chain costs to reduce the total costs. The research suggests a supply chain cost model using time-driven activity-based costing. The proposed cost model was applied to a building construction project, followed by sensitivity analysis identifying critical activities. This method can be adapted to analyze other fragmented material supply chains in the construction industry.

Supply chain management and activity-based costing

2017 ◽  
Vol 47 (8) ◽  
pp. 712-735 ◽  
Author(s):  
Erik Hofmann ◽  
Jan Bosshard
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
Management Accounting ◽  
Activity Based Costing ◽  
Automatic Data ◽  
Chain Management ◽  
Content Type ◽  
Reference Framework ◽  
Practical Implications

Purpose The purpose of this paper is to summarize and analyze what is known regarding activity-based costing (ABC) applications in the context of supply chain management (SCM). The authors present a reference framework for practical implications and areas for future research in intra-firm and inter-organizational environments. Design/methodology/approach The findings underlie a systematic review methodology. Research gaps and guidance for further publications are derived from the reference framework based on ABC and SCM literature. Findings The review illustrates four main areas for further research: determination of the role of management accounting in SCM (including supply chain finance), integration of time-driven ABC with radio frequency identification (RFID) technology and automatic data collection, analysis of inter-organizational management tools in supply chains in multiple negotiation rounds, and standardization of cost accounting data in supply chains. Practical implications The review provides practitioners with three main recommendations: ABC applications require a solid data basis, organizational readiness, commitment from senior management, and an ABC management philosophy; open book accounting for inter-organizational cost information-sharing purposes needs institutional arrangements and economic incentive systems; and sharing costs and benefits among supply chain members requires a change of managers’ mind-set. Originality/value This paper reveals practical implications and provides new directions for research based on the reference framework. The paper contributes to the interdisciplinary topic between SCM and management accounting by providing a structured overview of 87 peer-reviewed articles from 1992 to 2016.

scholarly journals Supply chain management and lean concept in construction: a case of Ghanaian building construction industry

2019 ◽  
Vol 11 (1) ◽  
pp. 2034-2043
Author(s):  
Ali Boateng
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Construction Industry ◽  
Production Systems ◽  
Building Construction ◽  
Chain Management ◽  
Doing Business ◽  
Emerging Trends ◽  
Design Production ◽  
Coordination And Collaboration

Abstract Supply chain management (SCM), for the past two decades, has been identified by manufacturing industries as a new way of doing business. Construction, similar to manufacturing and other services industries, is experiencing emerging trends that are aimed at giving ultimate satisfaction to the end user. Lean construction is a way to design production systems in order to minimize waste of materials, time and efforts which generate maximum possible amount of value. This research looked into how SCM can benefit the Ghanaian building construction industry through the application of lean concept. The purpose of this study is to assess the level of collaboration and coordination in planning of activities among construction industry players and investigate into the sources of waste in construction. The study, employing survey and case study approaches, collected data through structured questionnaires, in-depth interviews and direct observation of ongoing projects on KNUST campus. One sample t-test was used to analyse the data. The findings pointed out that the level of coordination and collaboration in planning among industry players were very appreciable though there still exist room for improvement.

A STUDY ON SUPPLY CHAIN FRAME WORK INCONSTRUCTION INDUSTRY

2016 ◽  
Vol 4 (8(SE)) ◽  
pp. 16-26
Author(s):  
Charles Durai ◽  
K. Sentamilselvan
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Construction Industry ◽  
Significant Relationship ◽  
Correlation Method ◽  
Mean Value ◽  
Demographic Variables ◽  
Chain Management ◽  
Interview Method ◽  
Frame Work

The present study made an attempt to know the significant relationship between the respondents’ demographic variables and their attitude regarding supply chain management supply chain frame work in Construction Industry. 100 samples were selected randomly from Chennai, TamilNadu. Based on the objectives certain hypotheses were formulated. Statistical tools such as one-way analysis of variance (ANOVA) and Correlation method was used to analyse the data. Questionnaire and interview method was used to collect the necessary data.  Result proved that there is a significant relationship between demographic graphic variables and attitude regarding Supply chain management. Type of firm and qualification is highly significant. It is inferred that above 10 years’ experience group obtained higher mean value. So this group have favorable attitude regarding SCM.

Lesconsumer-to-consumer supply chains

2018 ◽  
Vol 44 (277) ◽  
pp. 93-107
Author(s):  
Aurélien Rouquet ◽  
Christine Roussat ◽  
Valentina Carbone
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
Chain Management ◽  
Le Fort

La littérature ensupply chain management(SCM) a délaissé un type desupply chains : lesconsumer-to-consumer(C2C)supply chains, qui relient les consommateurs lorsqu’ils échangent des produits. Reposant sur une approche conceptuelle, cet article montre à la communauté logistique et SCM l’intérêt qu’il y a à explorer cessupply chains. L’article dégage quatre spécificités de ces chaînes : 1) leur orientation perpendiculaire auxsupply chainsclassiques, 2) le fort amateurisme de ses acteurs, 3) leur large encastrement social, 4) leur structure plus directe. L’étude des C2Csupply chainsest susceptible d’élargir le spectre du SCM en y intégrant plus fortement le consommateur.

scholarly journals Supply Chain Management Open Innovation: Virtual Integration in the Network Logistics System

2021 ◽  
Vol 7 (1) ◽  
pp. 54
Author(s):  
Vladimir Shcherbakov ◽  
Galina Silkina
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Supply Chains ◽  
System Integration ◽  
Business Models ◽  
Industrial Revolution ◽  
Linear Models ◽  
Logistics System ◽  
Chain Management ◽  
Economic Relations

The customer-oriented approach is actively developing within the global trend of the modern industrial revolution that is Industry 4.0. The focus on customer interests has led to cooperation and integration in supply chains, improving their efficiency and increasing transparency, awareness, and trust. However, an issue emerging in this scenario is that conventional supply chain management (SCM) procedures are unable to identify the potential proposal for a particular user. Modern businesses need to build integrated supply chains, which require well-developed infrastructure and easily available complementary services, relying on logistics as a networking technology. Supply chains of this generation grow from traditional individual desynchronized economic relations (linear models with some feedback and the simplest network configurations) to scalable, adaptable, harmonized partner networks. The logistics potential allows additional income by reducing the total costs of participants in the network, thus increasing the competitiveness of companies; this can be implemented based on new models of interaction in the current digital environment through, firstly, system integration. Our goal consists of identifying the essential characteristics of system integration and substantiating the methods for its implementation in the digital economy. The study is based on the analysis of global best practices, considering the reports from leading consulting companies and competent analytical agencies. We have confirmed that the role of a virtual system integrator of supply chains belongs to logistics platforms; the effects of a transition to platform business models are discussed in detail.

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