A Study on Cost and Inventory Control Measures in Road and Bridge Construction Industry
Abstract
Cost analysis has become important need for the profit maximization, it is found that in constructionindustries cost decrease the profit. Hence a study was conducted on “Inventory Analysis and CostControlinRoadandBridgeConstructionatShivaramAssociates,Dindigul”,andinwhichbroadanalysiswheremadeon“Developmentof anAppropriateInventoryManagementSystemfor producing RMC (Ready Mixed Concrete)” to construct the bridges. For the research secondarymaterials were read from the financial reports and analyzed. The unwanted costs incurred were foundfromthe balance sheetofthe companythrough this research.