Construction inventory and working capital an empirical analysis
This research is an endeavour to understand the inventory problems faced by contructions companies in Pahang. The intention was to examine the level of inventory maintained by construction companies and its effect on their working capital. It was planned to analyse this information and suggest a sui...
| Main Authors: | , |
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| Format: | Book |
| Language: | English |
| Published: |
UMP Press
2021
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| Online Access: | http://umpir.ump.edu.my/id/eprint/32961/1/book%20construction.jpg |
| _version_ | 1825814128768319488 |
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| author | Nur Nadia, Sallihah Kumar, Senthil |
| author_facet | Nur Nadia, Sallihah Kumar, Senthil |
| author_sort | Nur Nadia, Sallihah |
| collection | UMP |
| description | This research is an endeavour to understand the inventory problems faced by contructions companies in Pahang. The intention was to examine the level of inventory maintained by construction companies and its effect on their working capital. It was planned to analyse this information and suggest a suitable inventory model to manage the construction inventory more systematically. Purposive sampling technique was adopted to collect primary data on inventory and working capital from a few G7 contractors in Pahang. The data indicated that the companies were dealing with numerous types of inventories and that they were using labour intensive methods to manage the inventory. Apart from implementing FIFO and LIFO techniques, they were using ad hoc JIT approach to manage the inventory. Such random choice of techniques lead to simultaneous overages and outages among different category of inventories. Hence, it was recommended that the companies should implement ABC analysis to classify their inventory and implement computer based inventory management system, to overcome the overages and outages. |
| first_indexed | 2024-03-06T12:54:15Z |
| format | Book |
| id | UMPir32961 |
| institution | Universiti Malaysia Pahang |
| language | English |
| last_indexed | 2024-03-06T12:54:15Z |
| publishDate | 2021 |
| publisher | UMP Press |
| record_format | dspace |
| spelling | UMPir329612022-01-14T02:10:22Z http://umpir.ump.edu.my/id/eprint/32961/ Construction inventory and working capital an empirical analysis Nur Nadia, Sallihah Kumar, Senthil H Social Sciences (General) This research is an endeavour to understand the inventory problems faced by contructions companies in Pahang. The intention was to examine the level of inventory maintained by construction companies and its effect on their working capital. It was planned to analyse this information and suggest a suitable inventory model to manage the construction inventory more systematically. Purposive sampling technique was adopted to collect primary data on inventory and working capital from a few G7 contractors in Pahang. The data indicated that the companies were dealing with numerous types of inventories and that they were using labour intensive methods to manage the inventory. Apart from implementing FIFO and LIFO techniques, they were using ad hoc JIT approach to manage the inventory. Such random choice of techniques lead to simultaneous overages and outages among different category of inventories. Hence, it was recommended that the companies should implement ABC analysis to classify their inventory and implement computer based inventory management system, to overcome the overages and outages. UMP Press 2021 Book NonPeerReviewed image en http://umpir.ump.edu.my/id/eprint/32961/1/book%20construction.jpg Nur Nadia, Sallihah and Kumar, Senthil (2021) Construction inventory and working capital an empirical analysis. UMP Press, Kuantan, Pahang. ISBN 978-967-2226-98-7 https://umppress.ump.edu.my/index.php?route=product/product&product_id=461&search=CONSTRUCTION+INVENTORY+AND+WORKING+CAPITAL+AN+EMPIRICAL+ANALYSIS |
| spellingShingle | H Social Sciences (General) Nur Nadia, Sallihah Kumar, Senthil Construction inventory and working capital an empirical analysis |
| title | Construction inventory and working capital an empirical analysis |
| title_full | Construction inventory and working capital an empirical analysis |
| title_fullStr | Construction inventory and working capital an empirical analysis |
| title_full_unstemmed | Construction inventory and working capital an empirical analysis |
| title_short | Construction inventory and working capital an empirical analysis |
| title_sort | construction inventory and working capital an empirical analysis |
| topic | H Social Sciences (General) |
| url | http://umpir.ump.edu.my/id/eprint/32961/1/book%20construction.jpg |
| work_keys_str_mv | AT nurnadiasallihah constructioninventoryandworkingcapitalanempiricalanalysis AT kumarsenthil constructioninventoryandworkingcapitalanempiricalanalysis |