Value creation
Alternative labels
Value chain
Conference paper
Value stream mapping: Case study in columns concreting
This paper aims to propose improvements in the concrete placing process using Value Stream Mapping. The results suggest that the columns concreting process lead time could be potentially reduced from five hours and nineteen minutes to two hours and four minutes.
Conference paper
Flow and resource efficiency measurement method in off-site production
Although the focus remains primarily on high resource efficiency, the significance of flow efficiency in construction is continuously increasing. Flow and resource efficiency describe two competing target viewpoints, which focus on reducing non-value adding activities and maximizing resource utilization, respectively. Recent research has shown that balancing both perspectives provides a viable solution. However, the exact...
Conference paper
Platform ecosystems: Unlocking the subcontractors' business model opportunities
Platform ecosystems facilitated by the internet are changing the way market mechanisms work. The platform ecosystem business model, using data and network effects, creates new rules for how value is created and delivered. The viral growth characteristic to platform ecosystems has already caused disruption in several industries. The purpose of the research is to explore...
Conference paper
Implementation of lean construction in client organizations: An Analysis of the status quo in Germany
The goal of this paper is to present the current status of strategies for implementation of Lean Construction within client-side organizations in Germany. The paper provides a preliminary empirical overview of the situation regarding implementation of Lean Construction by development companies in Germany, and can be used by other developers as a basis for their...
Conference paper
Features, roles and processes of performance measurement in lean construction
The development of an adequate performance measurement system represents a challenge for all modern companies, including those applying Lean Construction (LC) principles. LC companies adopt a broader scope that focuses not only on traditional financial performance but also on process improvement and value creation. Thus, management should evolve to embrace different performance criteria and related...