Optimizing Construction Material Management Reduces Costs and Delays.
The goal of the study was to improve inventory management on construction sites by using ABC analysis, EOQ, and S-curve techniques. By analyzing the importance of materials and ordering the right quantities at the right time, the researchers aimed to reduce costs and prevent stock issues. The study focused on a residential building project in Pune, using ABC analysis to prioritize materials and EOQ to determine optimal order quantities. The findings suggest that implementing these techniques can help minimize total costs and ensure materials are available when needed for construction projects.