A Review Paper on the Effect of Supply Chain Management Process in Real Estate

In the present competitive market, the construction industry demands for delivery of top quality project at very competitive prices. To get the success in market and effective management, construction supply chain is to be planned. In the present time, the construction industries are introducing the supply chain management. It is very promising approch to achieve integration between several steps of the chain (Internal and external suppliers, vendors, contractors clients, designers). Many international construction companies have carried out extensive research and developed computer based programs to experiment the current supply chain management concepts. The supply chain management are identifying factors that cause the budget overruns and schedule delays in the construction industry. The importance of supply chain management has been discussed the scientific literature and especially to improving project performance. The using RII method is control and managing the entire delay factor in construction industry. The objective of this paper is to provide for improving construction supply chain management such as improving of suppliers/contractors performance, elimination of wastage, training and information sharing between parts of the supply chain. The trends of the supply chain management in construction industry.