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Journal of Contemporary Management
On-line version ISSN 1815-7440
Abstract
DYILI, NF et al. The Influence of Supply Risk in the Procurement of Construction Materials. JCMAN [online]. 2018, vol.15, n.spe, pp.18-36. ISSN 1815-7440.
The Construction industry is a complex sector that often resists change when confronted with disruptions associated with the procurement of construction materials. Each construction project is unique involving a wide range of parties and activities that cause high market and process fragmentation. This study investigated the influence of supply risk on the procurement function of the construction industry in KwaZulu-Natal, South Africa. A qualitative research design was adopted in this article, employing NVivo 11 for thematic analysis. The study found that supply risks are extremely prevalent with adverse effects on the construction industry, as risk exposure leads to the inability to complete projects on time. The managerial implication and suggestions for further research are discussed in this article.
Keywords : Construction materials; procurement; supply chain; supply risk.
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