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A preliminary review on economies of scale (EOS) towards industrialized building system (IBS) manufacturer

Tajul Ariffin, Syazwana and Yunus, Riduan and Mohammad, Hairuddin and Yaman, Siti Khalijah (2016) A preliminary review on economies of scale (EOS) towards industrialized building system (IBS) manufacturer. In: International Symposium on Civil and Environmental Engineering 2016 (ISCEE 2016), 5-6 December 2016, Melaka, Malaysia.

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Abstract

Industrialized Building System (IBS) is a potential technology to improve productivity of construction industry. Controlled production and minimum generation of construction waste are some of the benefits that can be achieved by replacing conventional construction with IBS. In business, IBS is giving a huge opportunity for manufacturer and supplier to expand their business while contributing to construction development. However, bad strategies will put the company in high risk due to higher initial capital for machines and equipment. Therefore, strategic planning for company’s growth, profit maximization, and enhancement of productivity is undeniable to ensure the success of business in construction industry. This preliminary paper is exploring associated factors that affect Economy of Scale (EOS) and their relationships in catalyzing the IBS manufacturer especially precast concrete as the scope of study to continue their business in the construction industry. Thus, a framework of EOS is proposed to assist IBS manufacturers to ensure their company’s growth and stability, competitiveness in term of monopoly or an oligopoly, increasing productivity, leading constant returns to scale, and finally increasing the firm’s efficiency. The refined EOS’s conceptual framework is an important turning point to support the development of decision making tools for IBS manufacturer towards their stability and survival in this highly competitive industry.

Item Type: Conference or Workshop Item (Paper)
Subjects: T Technology > TH Building construction > TH1000-1727 Systems of building construction
Divisions: Faculty of Civil and Environmental Engineering > Department of Construction Engineering and Architecture
Depositing User: Mr. Mohammad Shaifulrip Ithnin
Date Deposited: 23 Jun 2019 06:54
Last Modified: 23 Jun 2019 06:54
URI: http://eprints.uthm.edu.my/id/eprint/11620
Statistic Details: View Download Statistic

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