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Antwi, A and Deakin, M (1996) Discounting, obsolescence, depreciation and their effects on the environment of cities. Journal of Financial Management of Property and Construction, 1(02), 39–56.

Dawood, N N (1996) A strategy for a computer-based materials management system for the building industry. Journal of Financial Management of Property and Construction, 1(02), 17–28.

  • Type: Journal Article
  • Keywords: materials management; integrated systems; survey; scheduling
  • ISBN/ISSN: 1366-4387
  • URL: http://www.emeraldinsight.com/journals.htm?issn=1366-4387
  • Abstract:
    Previous studies have indicated that materials management is a major target area where substantial cost saving can be made in the construction industry. As materials can constitute 30-50% of the cost of a project, material wastage and late ordering need to be minimised and addressed, in order to keep costs down, especially in today's competitive market. The objective of the paper is to discuss and introduce a strategy for a materials management system for the construction industry for forecasting and controlling materials. In order to achieve the objective, a survey of the current practices of materials management in the industry was conducted. The aim of the survey was to establish the current practices and the ways of improving such practices. This is followed by developing the strategy and verifying it by conducting survey interviews with project managers. It is concluded that the current practices of materials management are basic and depend on gutfeeling and subjective decisions. This has contributed to late ordering and delivery of key materials and high wastage. It was also concluded that some form of systematic and integrated approach is needed to manage materials and minimise the cost associated with late delivery and wastage. Specifications of a new strategy for material management are presented.

Elliot, C and Palmer, A (1996) Life cycle energy analysis of the building resource. Journal of Financial Management of Property and Construction, 1(02), 5–16.

Lowe, J G (1996) Technological change and construction. Journal of Financial Management of Property and Construction, 1(02), 65–94.

Plat, H T (1996) Property values and implications of refurbishment costs. Journal of Financial Management of Property and Construction, 1(02), 57–64.