File Download
 
Links for fulltext
(May Require Subscription)
 
Supplementary

Article: Applying activity-based costing approach for construction logistics cost analysis
  • Basic View
  • Metadata View
  • XML View
TitleApplying activity-based costing approach for construction logistics cost analysis
 
AuthorsFang, Y1
Ng, ST1
 
KeywordsActivity based costs
Construction logistics cost
Construction materials
Precast component
 
Issue Date2011
 
PublisherEmerald Group Publishing Limited.
 
CitationConstruction Innovation, 2011, v. 11 n. 3, p. 259-281 [How to Cite?]
DOI: http://dx.doi.org/10.1108/14714171111149007
 
AbstractPurpose - Construction materials take up a significant proportion of the total construction cost. Without careful planning and controlling on the flow of construction materials, it is possible that the cost of materials may increase unnecessarily. In view of that, this paper aims to examine whether the development of logistics cost analysis can help determine suitable logistics strategies for a project which involves the use of bulky components like precast concrete units. Design/methodology/approach - The cost elements incurred during the logistics process of precast components from the supplier's yard to the construction site are first identified through the activity-based costing (ABC) approach. Under each element, the resources necessary to fulfil the specific element are analysed. By representing those cost components through the cost functions, simulations can be carried out to determine the logistics cost under different logistic scenarios. Findings - Through the ABC approach, the resources consumed can be traced back to the consuming activity and subsequently to a particular cost element. More importantly, the results indicate that the simulation model can identify a logistics option which would result in the lowest logistics cost without affecting the construction schedule. Originality/value - This paper should help increase understanding of managers and planners on construction logistics activities and their related costs so as to increase their bid competitiveness and/or improve the chance of success at the construction stage by minimising the construction logistics cost. Copyright © 2011 Emerald Group Publishing Limited. All rights reserved.
 
ISSN1471-4175
 
DOIhttp://dx.doi.org/10.1108/14714171111149007
 
ReferencesReferences in Scopus
 
DC FieldValue
dc.contributor.authorFang, Y
 
dc.contributor.authorNg, ST
 
dc.date.accessioned2011-08-26T14:21:52Z
 
dc.date.available2011-08-26T14:21:52Z
 
dc.date.issued2011
 
dc.description.abstractPurpose - Construction materials take up a significant proportion of the total construction cost. Without careful planning and controlling on the flow of construction materials, it is possible that the cost of materials may increase unnecessarily. In view of that, this paper aims to examine whether the development of logistics cost analysis can help determine suitable logistics strategies for a project which involves the use of bulky components like precast concrete units. Design/methodology/approach - The cost elements incurred during the logistics process of precast components from the supplier's yard to the construction site are first identified through the activity-based costing (ABC) approach. Under each element, the resources necessary to fulfil the specific element are analysed. By representing those cost components through the cost functions, simulations can be carried out to determine the logistics cost under different logistic scenarios. Findings - Through the ABC approach, the resources consumed can be traced back to the consuming activity and subsequently to a particular cost element. More importantly, the results indicate that the simulation model can identify a logistics option which would result in the lowest logistics cost without affecting the construction schedule. Originality/value - This paper should help increase understanding of managers and planners on construction logistics activities and their related costs so as to increase their bid competitiveness and/or improve the chance of success at the construction stage by minimising the construction logistics cost. Copyright © 2011 Emerald Group Publishing Limited. All rights reserved.
 
dc.description.naturelink_to_subscribed_fulltext
 
dc.identifier.citationConstruction Innovation, 2011, v. 11 n. 3, p. 259-281 [How to Cite?]
DOI: http://dx.doi.org/10.1108/14714171111149007
 
dc.identifier.doihttp://dx.doi.org/10.1108/14714171111149007
 
dc.identifier.epage281
 
dc.identifier.hkuros191928
 
dc.identifier.issn1471-4175
 
dc.identifier.issue3
 
dc.identifier.scopuseid_2-s2.0-79960658866
 
dc.identifier.spage259
 
dc.identifier.urihttp://hdl.handle.net/10722/137265
 
dc.identifier.volume11
 
dc.languageeng
 
dc.publisherEmerald Group Publishing Limited.
 
dc.publisher.placeUnited Kingdom
 
dc.relation.ispartofConstruction Innovation
 
dc.relation.referencesReferences in Scopus
 
dc.subjectActivity based costs
 
dc.subjectConstruction logistics cost
 
dc.subjectConstruction materials
 
dc.subjectPrecast component
 
dc.titleApplying activity-based costing approach for construction logistics cost analysis
 
dc.typeArticle
 
<?xml encoding="utf-8" version="1.0"?>
<item><contributor.author>Fang, Y</contributor.author>
<contributor.author>Ng, ST</contributor.author>
<date.accessioned>2011-08-26T14:21:52Z</date.accessioned>
<date.available>2011-08-26T14:21:52Z</date.available>
<date.issued>2011</date.issued>
<identifier.citation>Construction Innovation, 2011, v. 11 n. 3, p. 259-281</identifier.citation>
<identifier.issn>1471-4175</identifier.issn>
<identifier.uri>http://hdl.handle.net/10722/137265</identifier.uri>
<description.abstract>Purpose - Construction materials take up a significant proportion of the total construction cost. Without careful planning and controlling on the flow of construction materials, it is possible that the cost of materials may increase unnecessarily. In view of that, this paper aims to examine whether the development of logistics cost analysis can help determine suitable logistics strategies for a project which involves the use of bulky components like precast concrete units. Design/methodology/approach - The cost elements incurred during the logistics process of precast components from the supplier&apos;s yard to the construction site are first identified through the activity-based costing (ABC) approach. Under each element, the resources necessary to fulfil the specific element are analysed. By representing those cost components through the cost functions, simulations can be carried out to determine the logistics cost under different logistic scenarios. Findings - Through the ABC approach, the resources consumed can be traced back to the consuming activity and subsequently to a particular cost element. More importantly, the results indicate that the simulation model can identify a logistics option which would result in the lowest logistics cost without affecting the construction schedule. Originality/value - This paper should help increase understanding of managers and planners on construction logistics activities and their related costs so as to increase their bid competitiveness and/or improve the chance of success at the construction stage by minimising the construction logistics cost. Copyright &#169; 2011 Emerald Group Publishing Limited. All rights reserved.</description.abstract>
<language>eng</language>
<publisher>Emerald Group Publishing Limited.</publisher>
<relation.ispartof>Construction Innovation</relation.ispartof>
<subject>Activity based costs</subject>
<subject>Construction logistics cost</subject>
<subject>Construction materials</subject>
<subject>Precast component</subject>
<title>Applying activity-based costing approach for construction logistics cost analysis</title>
<type>Article</type>
<description.nature>link_to_subscribed_fulltext</description.nature>
<identifier.doi>10.1108/14714171111149007</identifier.doi>
<identifier.scopus>eid_2-s2.0-79960658866</identifier.scopus>
<identifier.hkuros>191928</identifier.hkuros>
<relation.references>http://www.scopus.com/mlt/select.url?eid=2-s2.0-79960658866&amp;selection=ref&amp;src=s&amp;origin=recordpage</relation.references>
<identifier.volume>11</identifier.volume>
<identifier.issue>3</identifier.issue>
<identifier.spage>259</identifier.spage>
<identifier.epage>281</identifier.epage>
<publisher.place>United Kingdom</publisher.place>
</item>
Author Affiliations
  1. The University of Hong Kong