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Capital Project Supply Chain Management

Event Date
Jul 31, 2002
Type
Conference Presentation
Research Team
RT-172
Slides
22
Topic
Supply Chain Management Concepts
DOCUMENT DETAILS
Abstract
Filters & Tags
Abstract
RT-172 focused on using Supply Chain Management (SCM) tools on capital projects and the benefits of employing SCM. SCM was developed as a result of EPCs/End-Users' inability to complete projects on time. The research argues that by using SCM on capital projects stakeholders throughout the supply chain will receive benefits from: reduced cost, shorter lead times, better quality, and safer construction. To make the transition to SCM on capital projects the research stated that companies must employ a corporate initiative to shift their focus from single projects to enterprise level efforts that involve strategic planning. In the past companies have used tactics such as competitive bidding, separation of business functions and untimely early deliveries.   The research team relied on eight case studies to demonstrate the benefits SCM. The research team further asserts from the case studies that for SCM to be successful it should be across multi projects instead of just a single project focus. Success will also depend on advance supply chain planning from all stakeholders in the supply chain.
Filters & Tags
Knowledge Area
Materials Management, Procurement & Contracts, Project Planning
Project Phase
Feasibility, Concept, Detailed Scope, Detailed Design (Engineering), Procurement
Project Function
Project Business Sponsor, Project Management, Procurement & Contracts, Construction, Risk Management, Business Development & Proposals, SBU or Corporate Functions, External Stakeholders
Industry Group
Light Industrial, Heavy Industrial, Buildings, Infrastructure
Research Topic
Supply Chain Management Concepts
Keywords
Supply Chain Management, Moduralization, Alliance Agreements, Fast Track, Standardization, Cycle Time Reduction, Inventory Management, PEpC, Supplier Managed Inventory, preferred supplier relationship, rt172

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