Performance measurement in construction logistics

Article Abstract:

The need for performance measurement systems is imminent in the construction firms. Construction firms have many simultaneously ongoing construction projects, from which the relevant performance information is needed. There are also tens of material groups and subcontractors, whose performance should be monitored together with construction firms' practices. In addition to monitoring, performance measures can also be used as a basis for progressive improvement of company productivity. In this paper, a new framework is introduced for measuring construction logistics. It is a two-dimensional model where measures are grouped by the use of measures and by the focus of measures. The first dimension of the classification; use of measures contains two kinds of measures. The first measures, called improvement measures, help construction industry to find out the problems with current practices. These measures are mainly used during development projects. The second measures, called monitoring measures, are used for continuous monitoring of operations. These measures are vital, because both firms' top management and operational managers need continuous feedback on operational activities. The second dimension of the framework is the focus of measures. It clarifies at which organisational level measures can be used. There should be information available at the company and project level, as well as at the specific supplier or subcontractor level. The paper presents concrete measurement experience gathered from a number of practical cases. It illustrates examples of both improvement and monitoring measurement results. [C] 2001 Elsevier Science B.V. All rights reserved. Keywords: Performance measurement; Measuring tools; Logistics; Construction industry

---

Order splitting under periodic review inventory systems

Article Abstract:

Most research on order splitting have focused on the reduction of safety stock in the multiple sourcing setting. Moreover, all works study the use of order splitting for the continuous review inventory systems. In this paper, we investigate the possibility of the multiple-delivery arrangement in the sole sourcing environment. In addition, we concentrate on the reduction of cycle stock for periodic review systems. We show that splitting an order into multiple deliveries can significantly reduce the total cost especially if the cost of despatching an order for an item is not small. Although the use of information technology such as EDI decreases the ordering cost and thus shortens the period length, order splitting remains a cost-effective approach as long as the cost of despatching an order is not close to zero. [C] 2001 Elsevier Science B.V. All rights reserved. Keywords: Inventory; Order-splitting; JIT; Periodic review; Information technology

---

Strategy management through quantitative modelling of performance measurement systems

Article Abstract:

This paper is based on previous works on performance measurement and on quantification of relationships between factors which affect performance. It demonstrates how tools and techniques developed can be used to evaluate the performance of alternative strategic choices through a quantitative approach to modelling of performance measurement systems. The paper provides a brief background to the research problem and preceding works. The tools and techniques used are briefly introduced. Use of these tools and techniques to evaluate the performance of alternative manufacturing strategies is demonstrated. Finally, the capability of the approach to deal with dynamic environments is demonstrated using sensitivity analysis. [C] 2001 Elsevier Science B.V. All rights reserved. Keywords: AHP; Performance measurement; Prioritisation of performance measures; Dynamics of performance measures; Resource allocation

Similar abstracts:

• Abstracts: A caveat on the measurement of productive efficiency. A multicriteria framework for inventory control. The use of parametric and non-parametric frontier methods to measure the productive efficiency in the industrial sector: A comparative study

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.