Vendor managed inventory in contruction industry in Malaysia

Successful project management involves efficient management of project resources such as materials and labors. Material management is focusing on material handling and delivery. This study looks into vendor-managed inventory as a potential solution for reducing inventory problems at site. There is p...

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Main Author:	Wai, Soon Han
Format:	Thesis
Language:	English
Published:	2009
Subjects:	HD28 Management Industrial Management
Online Access:	http://eprints.utm.my/id/eprint/11422/1/WaiSoonHanMFKA2009.pdf
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id	my-utm-ep.11422
record_format	uketd_dc
spelling	my-utm-ep.114222018-06-25T03:20:02Z Vendor managed inventory in contruction industry in Malaysia 2009-06 Wai, Soon Han HD28 Management. Industrial Management Successful project management involves efficient management of project resources such as materials and labors. Material management is focusing on material handling and delivery. This study looks into vendor-managed inventory as a potential solution for reducing inventory problems at site. There is potential of successful application of VMI in Malaysia but it will depend on the response of the industrial players. Vendor-managed Inventory is an inventory control system that shifts the responsibility of taking care inventory at site to contractors. The first signs of VMI were perceptible in manufacturer that used to reduce the cost of holding inventory. The objectives of this project are to study the inventory and its problem in undertaken construction project and analysing the potential of VMI in local construction industry. Other objective is to investigate the extent of expected barriers and benefits from the viewpoint of construction personnel. Based on the survey, there are two major problem faced by construction personnel including inaccurate measurement that lead to wastage problem and site inventory records (spreadsheet application) which tends to be flawed due to manual process. The survey shows that there are few more steps for local construction industry to reach the concept of VMI. Finally the project reveals that lack of cooperative culture and increased repeat business with the key suppliers or contractors has identified as major expected barrier and benefit from viewpoint of construction personnel. 2009-06 Thesis http://eprints.utm.my/id/eprint/11422/ http://eprints.utm.my/id/eprint/11422/1/WaiSoonHanMFKA2009.pdf application/pdf en public masters Universiti Teknologi Malaysia, Faculty of Civil Engineering Faculty of Civil Engineering
institution	Universiti Teknologi Malaysia
collection	UTM Institutional Repository
language	English
topic	HD28 Management Industrial Management
spellingShingle	HD28 Management Industrial Management Wai, Soon Han Vendor managed inventory in contruction industry in Malaysia
description	Successful project management involves efficient management of project resources such as materials and labors. Material management is focusing on material handling and delivery. This study looks into vendor-managed inventory as a potential solution for reducing inventory problems at site. There is potential of successful application of VMI in Malaysia but it will depend on the response of the industrial players. Vendor-managed Inventory is an inventory control system that shifts the responsibility of taking care inventory at site to contractors. The first signs of VMI were perceptible in manufacturer that used to reduce the cost of holding inventory. The objectives of this project are to study the inventory and its problem in undertaken construction project and analysing the potential of VMI in local construction industry. Other objective is to investigate the extent of expected barriers and benefits from the viewpoint of construction personnel. Based on the survey, there are two major problem faced by construction personnel including inaccurate measurement that lead to wastage problem and site inventory records (spreadsheet application) which tends to be flawed due to manual process. The survey shows that there are few more steps for local construction industry to reach the concept of VMI. Finally the project reveals that lack of cooperative culture and increased repeat business with the key suppliers or contractors has identified as major expected barrier and benefit from viewpoint of construction personnel.
format	Thesis
qualification_level	Master's degree
author	Wai, Soon Han
author_facet	Wai, Soon Han
author_sort	Wai, Soon Han
title	Vendor managed inventory in contruction industry in Malaysia
title_short	Vendor managed inventory in contruction industry in Malaysia
title_full	Vendor managed inventory in contruction industry in Malaysia
title_fullStr	Vendor managed inventory in contruction industry in Malaysia
title_full_unstemmed	Vendor managed inventory in contruction industry in Malaysia
title_sort	vendor managed inventory in contruction industry in malaysia
granting_institution	Universiti Teknologi Malaysia, Faculty of Civil Engineering
granting_department	Faculty of Civil Engineering
publishDate	2009
url	http://eprints.utm.my/id/eprint/11422/1/WaiSoonHanMFKA2009.pdf
_version_	1747814853202935808

Vendor managed inventory in contruction industry in Malaysia

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