Optimization of Concrete Batch Mix Plant Using Inventory Management

Abstract

The construction industry has been improvising through the advances in technology and methodology. Concrete, which is the integral part in construction industry, is being used more than any other man-made materialand it consumes more raw material than any other product. Concrete is of considerable volume in any structure and consumes bulk quantities in the construction of infrastructure projects. Though, India being one of the world’s top concrete consumers as well as producer, the construction industry in the country lacks in accurate planning, managing and scheduling of raw materials being used in manufacturing of concrete. The present scenario in the construction industry is very difficult for construction companies to remain competent and competitive. The credit squeeze situation, the space constraint problems, the supply chain delay, the improper market visibility, artificial scarce and artificial demands are haunting every company in the industry. The requirement of efficient management
in the construction industry came to light in the early nineties. Hence forth the demand for the managers in the engineering background has increased in the industry. An earnest attempt is made through this project to fulfill the cost optimization technique and the space optimization technique by doing statistical analysis. The data used in this project is taken from the concrete production department for a large infrastructure project which has employed the concrete batch mix plant for the production of concrete.

In this project work, the comprehensive effort is made to analyse the inventory level management and re-ordering points for each material required in the production of concrete. The effort of this project for the construction industry would certainly be much effective and useful in the future.