Question
Supply Chain Management (SCM) application has been investigated as an effective management strategy to improve performance in many industries. Meanwhile, construction projects suffer from high
Supply Chain Management (SCM) application has been investigated as an effective management strategy to improve performance in many industries. Meanwhile, construction projects suffer from high fragmentation, large waste, poor productivity, cost and time overruns, and conflicts and disputes for a long time. Though SCM has the potential to alleviate these problems significantly, SCM initiatives in construction have been partial-covering a subset of issues in a limited part of the construction supply chain.
Required:
Explain four (4) important foundations of supply chain management in construction industry that has the ability to directly affect the supply chain management and enable certain capabilities.
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