Kar, S and Jha, K N (2021) Investigation into lead time of construction materials and influencing factors. Journal of Construction Engineering and Management, 147(3): 01998, ISSN 0733-9364
Abstract
An appropriate material-management strategy requires estimation of, and classification based on, the lead time of construction materials. To estimate the lead time precisely, the identification of the factors that influence it is essential. Previous studies in material management have not comprehensively examined the factors that influence lead time and have not emphasized the need to classify materials accordingly. To address these gaps, this study collected a large sample of procurement data from 16 building construction projects. A two-step cluster analysis resulted in three clusters, namely, long lead (L), moderate lead (M), and short lead (S), referred to here as LMS based on the average lead time of the materials. Combining the LMS classification with the existing ABC classifications can facilitate more reliable control over the inventory of materials. Furthermore, the regression analysis of the procurement data revealed that the lead time of construction materials is positively correlated with the unit price and order value but negatively correlated with the project value. Therefore, the lead time increases with the increase in unit price and order value of materials while it decreases as project value increases. Furthermore, the capacity of a supplier was found to have a negative influence on the lead time of bulk materials. Therefore, bulk materials delivered by a supplier with higher capacity will have a shorter lead time than those delivered by a supplier with lower capacity. The findings of this study enable construction practitioners to precisely estimate the lead time of materials and to adopt the appropriate strategies for managing construction materials, thereby enhancing the availability of materials for the project.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | classification of materials; cluster analysis; lead time; regression |
| Index terms: | cluster analysis, construction practitioner, building construction, strategy, regression analysis, estimate, lead time, investigation, construction material, estimation, management strategy, inventory, influencing factor |
| Subjects: | professional development, inventory management, management, statistical analysis, building construction, project controls, data collection methods, risk assessment, financial and cost management, data analysis and analytics, building materials |
| Topics: | Cost Management, Business Strategy, Information Management, Engineering Principles, Research Practice, Risk Management, Construction Technology, Supply Chain Management, Time Control |
| Descriptive scope: | 3 PCA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here