Supply Chain Risk Assessment In The Construction Industry The Case Of Adama Town By

Logistics And Supply Chain Management Project Topics

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The supply chain (SC) plays a key role in the construction industry.There are many risk factorsrnthat influence the progress of a supply chain, and it is problematic when the probabilities andrnimpacts of these risk factors are not well defined. In order to reduce the impact of supply chainrnrisk factors that may affect the progress of any construction project, it is important to predictrntheir influence inadvance.rnThe objective of this study is to analyze construction supply chain management risks and theirrnmanagement process: The Case of Adama construction companies based on identifying andrnanalyzing the risks that are affecting the supply chain of construction industry and the mitigationrnstrategies employed. The study employed descriptive research. Simple random and nonprobability sampling designs were employed based on the nature of the target population.rnConsequently, the study selected a sample of 30 individuals from a population of 280 and therndata was analyzed using descriptive statistics.rnThe study starts by identifying typical risk issues related to a construction supply chain andrnmaking a detailed study on the risk factors assessment and management associated with thernsupply chain of construction projects taking a case study of construction companies in Adama.rnThe study offers stakeholders involved in a construction project with a better understanding ofrnrisks in the supply chain of the construction sector so that they can take timely corrective actionsrnand offset the negative impact of risk which can be useful for supply chain planning andrnoperation.rnThe study identified that supply chain risks factors like price fluctuation of constructionrnmaterials, financing issue, delay in production, tight project schedule, delay in materialrndeliveries were identified as the major ones and the most common Supply chain risk managementrnpracticesintheconstructionindustrylikelongtermcollaborativerelationshippractices, increasingrnknowledge about risk and risk analysis practice, back up supplier arrangement practices, supplyrnchain contingency planning practices discussed.

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Supply Chain Risk Assessment In The Construction Industry The Case Of Adama Town By

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