A Review on Material Management: Valuable Approach in Construction Industry

Abstract

The construction industry is the succeeding biggest industry after agriculture in India. It
occupies about 15% of India as Gross domestic product. It imparts healthy contribution to
the national economy growth and recruits large number of people. Materials management is
one of the vital activities in the business environment. This industry involves residential and
commercial construction; infrastructure development and industrial construction. The
Perfect construction materials can lend your project strength and versatility. When it comes
to construction phase especially in commercial and industrial construction, materials are key
factor for layout and design. This paper ensures that importance of material management in
construction industry. It also describes functions that leading towards successful completion
of project. For proper development of Mega structure requires proper material management
which is dealing with planning, procurement, designing, availability and budget of different
construction materials.