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Journal of Engineering, Project, and Production Management, 2025,
15(4),
2022-539
Inventory Management of Concrete Components
on Construction Sites
Thanwadee Chinda1
and Ratinan Chinda2
1 Associate
Professor, School of Management Technology, Sirindhorn International
Institute of Technology, Thammasat University, 131 Bangkadi Muang Pathum
Thani 12000, Thailand, E-mail: thanwadee@siit.tu.ac.th (corresponding
author).
2 Lecturer, Multidisciplinary
College, Christian University of Thailand, 144 Muang, Nakornpathom
73000, Thailand, E-mail: ratinanaoy@gmail.com
Project and Production Management
Received January 31, 2023; revised March 5, 2023; July 10, 2023; January
26, 2025; January 28, 2025; accepted June 28, 2025
Available online
October
6, 2025
Abstract:
The construction industry in Thailand has
proliferated over the past 20 years, leading to high competition.
Reducing avoidable costs is one solution for staying competitive in the
market. In a construction project, material costs comprise over half of
the total cost. Concrete is a key onsite material with high annual
consumption and inventory cost. Therefore, appropriate concrete
management is essential for construction project economic efficiency.
This study develops a system dynamics (SD) model to examine concrete
component inventory management on site to minimize long term total
inventory costs. Key criteria affecting total inventory cost include
order quantity, demand, lead time, safety stock, reorder point, storage
area, transportation, holding, ordering, and material. Simulation
results show that with appropriate inventory management, specifically in
order quantity, cement price, storage space, and rework percentage,
construction companies may reduce total inventory cost and achieve
effective long-term inventory planning. The SD model developed is
validated by sensitivity analysis. However, study results should be
implemented on sites to further validate the developed model and adjust
parameters to suit current practices.
Keyword : Concrete component,
construction site, inventory management, system dynamics modeling.
Copyright © Journal of Engineering, Project, and Production Management
(EPPM-Journal).
This work is licensed under a
Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported
License.
Requests for reprints and permissions at eppm.journal@gmail.com.
Citation: Chinda, T. and Chinda, R. (2025). Inventory Management of
Concrete Components on Construction Sites. Journal of Engineering,
Project, and Production Management, 15(4), 2022-539
DOI:
10.32738/JEPPM-2022-539
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