EconPapers    
Economics at your fingertips  
 

The Benefits and Implied Costs of JIT Sourcing to Chinese Contractors: A Review of Literature

Peng Wu (), Josua Pienaar () and Yingbin Feng ()
Additional contact information
Peng Wu: Central Queensland University
Josua Pienaar: Central Queensland University
Yingbin Feng: University of Western Sydney

Chapter Chapter 59 in Proceedings of the 17th International Symposium on Advancement of Construction Management and Real Estate, 2014, pp 581-587 from Springer

Abstract: Abstract The just-in-time (JIT) concept originates from the Toyota Production System (TPS) and has been adopted in the construction industry for decades to improve logistics and performance. The concept has proven to be effective in reducing inventory level, improving information exchange and supply chain performance. Many new benefits of JIT sourcing have been identified in recent years, such as the improvement in environmental performance for contractors. However, these new benefits are challenged by many academics based on the rigorous criteria that should be followed when applying the JIT sourcing concept. It is therefore necessary to re-evaluate the benefits and costs of JIT sourcing, especially to identify what the implied costs are in order to achieve the benefits. This paper aims to take the first step to re-evaluate JIT sourcing for Chinese contractors for better implementation. According to the research aim, this paper is split into two parts. The first section focuses on explaining the traditional and new benefits of JIT sourcing while the second section aims to investigate the implied costs of these benefits. By knowing the benefits and implied costs, the contractors can be fully prepared to apply JIT sourcing to improve their performance.

Keywords: JIT sourcing; Contractors; Performance (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-35548-6_59

Ordering information: This item can be ordered from
http://www.springer.com/9783642355486

DOI: 10.1007/978-3-642-35548-6_59

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-23
Handle: RePEc:spr:sprchp:978-3-642-35548-6_59