Last edited 09 Oct 2020

Construction inventory management

Construction inventory management is a means by which construction companies and suppliers can keep track of materials, workforce, equipment and plant. This is particularly important when a construction company has multiple projects to manage, as efficient scheduling can become very complicated.

A well-managed inventory can be critical to profitability as delayed, misplaced or lost items can incur avoidable delays and unnecessary costs. A project timeline, planned in advance, with a full inventory of the required materials, labour, equipment and so on is a vital part of the project planning process.

This might also include:

For more information see: Logistics management.

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