Kar, S; Kothari, C and Jha, K N (2021) Developing an optimum material procurement schedule by integrating construction program and budget using NSGA-II. Journal of Construction Engineering and Management, 147(4): 04021017, ISSN 0733-9364
Abstract
Procuring the correct materials at the right time and for the lowest cost is essential in construction. This fact underlines the importance of an optimized material procurement schedule integrated with the construction schedule/program. However, few studies examine the development of a material procurement schedule by integrating the construction schedule and optimizing material costs as well as any material shortage impact. In addition, budget constraints and maximum storage capacity are rarely captured in existing models for material procurement optimization. To address these shortcomings, an optimization model is developed using the nondominated sorting genetic algorithm II (NSGA-II) and executed in MATLAB R2017a. This model was implemented in a construction project that developed a material delivery schedule based on the budget constraints and maximum storage capacity for five majorly used building materials, resulting in a costs saving of 31.17% and a reduction in shortage impact of 83.47% compared with the actual delivery schedule. The developed model also incorporates the minimum order quantity and standard shipping size as well as avoiding surplus materials, leading to sustainable procurement of materials. Construction practitioners can use this model for procuring materials when facing budget constraints in a construction project with the lowest cost and least shortage and without excess or insufficient purchasing. The model will aid in completing the project within the stipulated time and budgeted cost.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | budget constraint; criticality of materials; material delivery schedule; nondominated sorting genetic algorithm II; optimization; shortage impact; storage capacity |
| Index terms: | construction practitioner, purchasing, material procurement, building material, genetic algorithm, lowest cost, budget constraint, construction project, program |
| Subjects: | contractual arrangements, software systems, algorithms, production management, building materials, procurement strategy, bidding, financial and cost management, professional development |
| Topics: | Cost Management, Site Management, Project Management, Information Management, Procurement, Digital Applications, Design Practice |
| Descriptive scope: | 2 PC |
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