Introduction, material procurement process in construction organization, materials management functions, inventory management
The term ‘materials’ is used in a general sense and refers to the whole range of goods and services that are purchased or otherwise procured from sources outside the organization and are used or processed in order to provide finished products for sale. One can notice a fundamental difference in materials management in a factory-like situation and a construction project-situation. In a factory situation, products are standardized, the manufacturing location and process are permanent, and, as such, long-term planning is possible. Further, increase in input costs of ...
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