Factors Behind Construction Companies Wood Products Purchasing Decisions: Supplier Market Impact

2021 ◽  
Vol 71 (3) ◽  
pp. 262-274
Author(s):  
Joseph Philip Pomponi ◽  
Henry J. Quesada ◽  
Robert Smith ◽  
Joseph Loferski
Keyword(s):  
Construction Industry ◽  
Market Share ◽  
The United States ◽  
Wood Products ◽  
Local Economy ◽  
Wood Product ◽  
Market Impact ◽  
Purchasing Decisions ◽  
Construction Companies ◽  
Wide Range

Abstract Companies in the construction industry have a wide range of suppliers to choose from to meet their building material needs. Local (in-state) suppliers within key southern states in the United States face challenges gaining market share within the construction sectors. Construction companies often outsource their purchase of wood products from a different state or country, which adversely affects the local economy as a result of loss of revenue. However, if companies were limited to in-state supply it would affect trade across states and countries; but the focus was to improve local wood products supplier market impact. Companies within the states of Georgia, Texas, Oklahoma, South Carolina, Florida, and Virginia were interviewed by phone and in person to determine how companies chose wood product suppliers and what factors affected their purchasing decisions. Key factors included cost, quality, delivery, flexibility, location, relationship, and payment options. A survey of construction companies was conducted after the interviews were concluded. Important factors highlighted by responses included cost, quality, relationship, and lead time in choosing a supplier. Suppliers were asked to differentiate their products using information the construction companies highlighted as factors they emphasized. In-state wood product suppliers have an opportunity to gain market share within the construction industry using the factors those construction companies favored in interviews and survey results.

scholarly journals ANALISIS STRUKTUR PASAR INDUSTRI KONSTRUKSI DI INDONESIA TAHUN 2007-2011

Media Ekonomi ◽  
2017 ◽  
Vol 20 (3) ◽  
pp. 49
Author(s):  
Annisa Utami
Keyword(s):  
Construction Industry ◽  
Market Share ◽  
Concentration Ratio ◽  
Analytical Techniques ◽  
Know How ◽  
Construction Companies ◽  
And Performance

<p>The purpose of this study was to determine how the structure, conduct and performance of the construction industry in Indonesia. And to know how much influence the structure, conduct and performance of the construction industry in Indonesia. Analytical techniques used in this research is to use the Concentration Ratio (CR4) and the Herfindahl-Hirchman index (IHH), which which took the example of 8 Indonesian construction companies wich were tested whithin a period 2007-2011. The results showed the level of concentration ratio (CR4) ranged from 73,02% to 76,16%, then the figure shows the structure of the constraction industry period 2007- 2011 is an oligopoly tight. While based on the Herfindahl-Hirschman index, is the range from 0,159695275 to 0,169852, which means the structure of the construction industry in Indonesia is not a monopoly or not structured approaches 1, when viewed from the level of concentration between the years 2007-2011, it can be concluded that the level of competition in the construction industry in Indonesia is very competitive. it is characterized by the competition of market share among the four dominant companies in the Indonesian construction industry in terms of revenue<br />Keywords: Oligopoly, CR4, IHH, Structure, Conduct and Performance.</p>

BUSINESS SURVIVAL RATE IN CONSTRUCTION INDUSTRY IN RELATION TO OTHER INDUSTRIES: A COMPARATIVE ANALYSIS

2018 ◽  
Vol 5 (2) ◽  
Author(s):  
Ifte Choudhury
Keyword(s):  
Survival Rate ◽  
Construction Industry ◽  
The United States ◽  
Industrial Sector ◽  
Business Survival ◽  
Construction Companies ◽  
Us Economy ◽  
Hard Time ◽  
Significant Difference ◽  
Huge Impact

Construction industry is one of the largest industrial sector in the United States that employs close to ten million people and makes a high contribution to the growth of the country's economy. In spite of the huge impact that the industry has on the US economy, construction businesses have a hard time surviving in the market, with construction companies having the least survival rate among all the industries. Five-year survival rate of construction companies is one of the lowest compared to other industries. This study aims at providing evidence that the construction industry suffers the most as compared to the other industries in terms of business survival rate. A General Linear Model was used for statistical analysis. Results show a significant difference between the construction industry and other industries providing evidence that the construction industry businesses have the least survival rate.

scholarly journals PROBLEMS IN FORMING COST ESTIMATES FOR CONSTRUCTION INDUSTRY

2016 ◽  
Vol 4 ◽  
pp. 179-186
Author(s):  
Sergey Oparin ◽  
Nikolay Chepachenko ◽  
Marina Yudenkо
Keyword(s):  
Construction Industry ◽  
New Technologies ◽  
The United States ◽  
Capital Investments ◽  
Construction Costs ◽  
Cost Estimates ◽  
Construction Companies ◽  
Construction Organizations ◽  
The Cost ◽  
Competitive Pricing

Problems of forming cost estimates for the construction industry is relevant in Russia, where many construction organizations face the issue of a current pricing system that does not consider new technologies in construction. This leads to underestimations of costs in construction and limits opportunity for competitive pricing between construction companies. This article aims to provide recommendations for improving reliability in calculating construction costs and enhance efficiencies in capital investments by construction participants. The article provides an analysis of the existing system of pricing in construction, and the peculiarities of the system of pricing in both Russia and the United States. Results indicate the need for expediency in applying certain provisions of the foreign system into that of Russia’s for determining the cost of construction. These measures would help minimize the presence of contractors in the construction market who do not actually perform the construction and installation work on their own, and to achieve the desired level of profitability of 8 to 10%.

Assessment of Electronic Procurement Practices on Project Delivery, Case Study of Selected Construction Companies in Oyo State

2018 ◽  
pp. 257-266
Keyword(s):  
Construction Industry ◽  
Information Exchange ◽  
Ease Of Use ◽  
Project Delivery ◽  
Development Programs ◽  
Construction Firms ◽  
Construction Companies ◽  
Electronic Procurement ◽  
Ict Infrastructure ◽  
E Mail

This study investigated the use of e-Procurement in selected construction firms in Oyo state, Nigeria. The data were derived using a well-structured questionnaire survey involving 104 respondents. Descriptive statistical and correlation analyses were used to analyze the data. Findings show that the use of electronic procurement in the selected construction firms for carrying out procurement function is high with majority of the professionals affirming the use of the system, the four categories of e-Procurement used were e-mail, static websites, web.2.0 technologies and portals that have capabilities of supporting the execution of functions limited to intra and inter firm communication and exchange of project information and data. Consequently, between 84 percent and 76 percent of the respondents used these e-Procurement technologies for communication of information, exchange of bill of quantities, project reports, CAD drawings and project specifications. Consequently, factors with the highest positive impacts on the use of these technologies in the firms were the speed of transactions, lower transaction cost and ease of use. The study implies that the selected construction firms in Oyo state Nigeria predominantly use e-mails and websites to support the execution of pre-award phase of construction procurement. Finding also shows that there is positive relationship between e-Procurement (e-Notifying, e-Exchange, and e-Submission of bid) and Project delivery. The study suggests that to accelerate the rate of uptake of e-Procurement and maximize its benefits in the Nigerian construction industry, there is a need to improve the quality and quantity of ICT infrastructure across the country; and to embark on aggressive enlightenment campaigns, training and skill development programs in the use of e-Procurement in the construction industry in this country.

Music after the Fall

2017 ◽  
Author(s):  
Tim Rutherford-Johnson
Keyword(s):  
New Media ◽  
Contemporary Music ◽  
The United States ◽  
Art Music ◽  
Sound Art ◽  
Musical Composition ◽  
Western Art ◽  
Wide Range ◽  
Definition Of ◽  
The Cold War

By the start of the 21st century many of the foundations of postwar culture had disappeared: Europe had been rebuilt and, as the EU, had become one of the world’s largest economies; the United States’ claim to global dominance was threatened; and the postwar social democratic consensus was being replaced by market-led neoliberalism. Most importantly of all, the Cold War was over, and the World Wide Web had been born. Music After The Fall considers contemporary musical composition against this changed backdrop, placing it in the context of globalization, digitization, and new media. Drawing on theories from the other arts, in particular art and architecture, it expands the definition of Western art music to include forms of composition, experimental music, sound art, and crossover work from across the spectrum, inside and beyond the concert hall. Each chapter considers a wide range of composers, performers, works, and institutions are considered critically to build up a broad and rich picture of the new music ecosystem, from North American string quartets to Lebanese improvisers, from South American electroacoustic studios to pianos in the Australian outback. A new approach to the study of contemporary music is developed that relies less on taxonomies of style and technique, and more on the comparison of different responses to common themes, among them permission, fluidity, excess, and loss.

Death in the City

2017 ◽  
Author(s):  
Kathryn A. Sloan
Keyword(s):  
Scientific Inquiry ◽  
The United States ◽  
Violent Death ◽  
Special Relationship ◽  
Intimate Friend ◽  
Counter Narrative ◽  
Wide Range ◽  
European Heritage ◽  
The City ◽  
The Temple

Popular culture has long conflated Mexico with the macabre. Some persuasive intellectuals argue that Mexicans have a special relationship with death, formed in the crucible of their hybrid Aztec-European heritage. Death is their intimate friend; death is mocked and accepted with irony and fatalistic abandon. The commonplace nature of death desensitizes Mexicans to suffering. Death, simply put, defines Mexico. There must have been historical actors who looked away from human misery, but to essentialize a diverse group of people as possessing a unique death cult delights those who want to see the exotic in Mexico or distinguish that society from its peers. Examining tragic and untimely death—namely self-annihilation—reveals a counter narrative. What could be more chilling than suicide, especially the violent death of the young? What desperation or madness pushed the victim to raise the gun to the temple or slip the noose around the neck? A close examination of a wide range of twentieth-century historical documents proves that Mexicans did not accept death with a cavalier chuckle nor develop a unique death cult, for that matter. Quite the reverse, Mexicans behaved just as their contemporaries did in Austria, France, England, and the United States. They devoted scientific inquiry to the malady and mourned the loss of each life to suicide.

The Politics of Precaution

2012 ◽  
Author(s):  
David Vogel
Keyword(s):  
United States ◽  
Animal Feed ◽  
The United States ◽  
Hazardous Substances ◽  
Risk Regulation ◽  
Scientific Certainty ◽  
European Public ◽  
Wide Range ◽  
Regulatory Controls ◽  
Milk Hormones

This book examines the politics of consumer and environmental risk regulation in the United States and Europe over the last five decades, explaining why America and Europe have often regulated a wide range of similar risks differently. It finds that between 1960 and 1990, American health, safety, and environmental regulations were more stringent, risk averse, comprehensive, and innovative than those adopted in Europe. But since around 1990 global regulatory leadership has shifted to Europe. What explains this striking reversal? This book takes an in-depth, comparative look at European and American policies toward a range of consumer and environmental risks, including vehicle air pollution, ozone depletion, climate change, beef and milk hormones, genetically modified agriculture, antibiotics in animal feed, pesticides, cosmetic safety, and hazardous substances in electronic products. The book traces how concerns over such risks—and pressure on political leaders to do something about them—have risen among the European public but declined among Americans. The book explores how policymakers in Europe have grown supportive of more stringent regulations while those in the United States have become sharply polarized along partisan lines. And as European policymakers have grown more willing to regulate risks on precautionary grounds, increasingly skeptical American policymakers have called for higher levels of scientific certainty before imposing additional regulatory controls on business.

The Racial and Economic Context of Trump Support: Evidence for Threat, Identity, and Contact Effects in the 2016 Presidential Election

2018 ◽  
Author(s):  
Eric Knowles ◽  
Linda Tropp
Keyword(s):  
The United States ◽  
Local Economy ◽  
Racial Identification ◽  
White Americans ◽  
Social Scientists ◽  
Neighborhood Diversity ◽  
Nationally Representative ◽  
To Come ◽  
Neighborhood Level ◽  
Support Evidence

Donald Trump's ascent to the Presidency of the United States defied the expectations of many social scientists, pundits, and laypeople. To date, most efforts to understand Trump's rise have focused on personality and demographic characteristics of White Americans. In contrast, the present work leverages a nationally representative sample of Whites to examine how contextual factors may have shaped support for Trump during the 2016 presidential primaries. Results reveal that neighborhood-level exposure to racial and ethnic minorities is associated with greater group threat and racial identification among Whites, as well as greater intentions to vote for Trump in the general election. At the same time, however, neighborhood diversity afforded Whites with opportunities for intergroup contact, which is associated with lower levels of threat, White identification, and Trump support. Further analyses suggest that a healthy local economy mutes threat effects in diverse contexts, allowing contact processes to come to the fore.

The Right to Bodily Integrity

2018 ◽  
Author(s):  
Alison Brysk
Keyword(s):  
Sexual Assault ◽  
Sexual Violence ◽  
Public Space ◽  
Transitional Justice ◽  
The United States ◽  
Bodily Integrity ◽  
Global Pattern ◽  
Popular Resistance ◽  
Wide Range ◽  
The Right

In Chapter 7, we profile the global pattern of sexual violence. We will consider conflict rape and transitional justice response in Peru and Colombia, along with the plight of women displaced by conflict from Syria and Central America, and limited international policy response. State-sponsored sexual violence and popular resistance to reclaim public space will be chronicled in Egypt as well as Mexico. We will track intensifying public sexual assault amid social crisis in Turkey, South Africa, and India, which has been met by a wide range of public protest, legal reform, and policy change. For a contrasting experience of the privatization of sexual assault in developed democracies, we will trace campus, workplace, and military rape in the United States.

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