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The idea of implementing supply chain management (SCM) principles for the construction industry was embraced by construction stakeholders to enhance the sector's performance. The analysis from the literature revealed that the implementation of SCM in the construction industry enhances the industry's value in terms of cost-saving, time savings, material management, risk management and others. The construction supply chain (CSC) can be managed using the pull or push system. This chapter also discusses the origin and proliferation of SCM into the construction industry. The chapter revealed that the concept of SCM has passed through five different eras: the creation era, the use of ERP, globalisation stage, specialisation stage and electronic stage. The findings from the literature revealed that we are presently in the fourth industrial revolution (4IR) era. At this stage, the SCM witnesses the adoption of technologies and principles driven by the 4IR. This chapter also revealed that the practice of SCM in the construction industry is centred around integration, collaboration, communication and the structure of the supply chain (SC). The forms and challenges hindering the adoption of these practices were also discussed extensively in this chapter.

The construction industry in Australia is a major contributor to the national GDP. In recent years efforts to improve the industry’s performance led to the realisation that the industry needs to be internationally competitive for it to remain viable. This paper examines the nature of the Australian construction industry in the context of the international construction industry. The concept of international trade is also used to explain trade patterns in the construction industry.

Under the trend of global economic integration and the new context of stagflation, frequent fluctuations in international interest rates are exerting far-reaching impacts on the world economy. In this paper, the transmission mechanism of the impact of fluctuations in international interest rates (specifically, the American interest rate) on the bankruptcy risk in China's pillar industry, the construction industry (which is also sensitive to interest rates), is examined.

Using an improved contingent claims analysis, the bankruptcy risk of enterprises is calculated in this paper. Additionally, an individual fixed-effects model is developed to investigate the mediating effects of international interest rates on the bankruptcy risk in the Chinese construction industry. The heterogeneity of subindustries in the industrial chain and the impact of China's energy consumption structure are also analysed in this paper.

The findings show that fluctuations in international interest rates, which affect the bankruptcy risk of China's construction industry, are mainly transmitted through two major pathways, namely, commodity price effects and exchange rate effects. In addition, the authors examine the important impact of China's energy consumption structure on risk transmission and assess the transmission and sharing of risks within the industrial chain.

First, in the research field, the study of international interest rate risk is extended to domestic-oriented industries. Second, in terms of the research content, this paper is focused on China-specific issues, including the significant influence of China's energy consumption structure characteristics and the risk contagion (and risk sharing) as determined by the current development of the Chinese construction industry. Third, in terms of research methods a modified contingent claim analysis approach to bankruptcy risk indicators is adopted for this study, thus overcoming the problems of data frequency, market sentiment and financial data fraud, which are issues that are ignored by most relevant studies.

The model and existing practice of the construction supply chain (CSC) in the United Kingdom (UK) and Australia was presented in this chapter. The policies and reports that support the practice of the CSC were examined in both countries. It was discovered from the review of literature that the UK has a more detailed report targeted at improving the CSC than Australia. However, both countries have a common factor affecting their CSC which originates from fragmentation experienced within their supply chain. Construction stakeholders in the UK and Australia believe that collaboration and integration are vital components for improving performance. The majority of the contractors in both countries embrace collaborative working for the sole purpose of risk sharing, access to innovation and response to market efficiency. However, most of the models developed for managing the CSC in the UK are built around building information modelling (BIM). Also, the reviewed studies show that supply chain management practice will be effective following the following principle: shared objectives, trust, reduction in a blame culture, joint working, enhanced communication and information-sharing. Finally, the UK has a more established framework and more CSC models compared to Australia.

This chapter aimed to uncover the gaps in the existing construction supply chain management (CSCM) models. Organisational culture and the fourth industrial revolution (4IR) components are the two gaps that were identified through reviewing existing CSCM models. The 4IR is driven by three components which are smart management, virtualisation and cyber-physical system. It was proposed in this chapter that the practice of CSCM should be in tandem with the components of 4IR. This chapter recommended that for the effective practice of the construction supply chain (CSC) in the 4IR era, construction stakeholders should adopt an innovative and collaborative organisational culture. The organisational culture adopted by a construction firm performs a crucial role in encouraging construction stakeholders in adopting 4IR components for CSCM. Each of the 4IR components is driven by technologies like autonomous robots, building information modelling (BIM), radio frequency identification (RFID), the internet of things (IoT) and others. Among all the technologies, it was discovered that RFID and BIM had gained prominence in most CSC literature. The chapter recommended that blockchain, digital twins and the cyber-physical system are the next trending technology for CSCM.

The current era of the fourth industrial revolution has attracted significant research on the use of digital technologies in improving construction project delivery. However, less emphasis has been placed on how these digital tools will influence the management of the construction workforce. To this end, using a review of existing works, this chapter explores the fourth industrial revolution and its associated technologies that can positively impact the management of the construction workforce when implemented. Also, the possible challenges that might truncate the successful deployment of digital technologies for effective workforce management were explored. The chapter submitted that implementing workforce management-specific digital platforms and other digital technologies designed for project delivery can aid effective workforce management within construction organisations. Technologies such as cloud computing, the Internet of Things, big data analytics, robotics and automation, and artificial intelligence, among others, offer significant benefits to the effective workforce management of construction organisations. However, several challenges, such as resistance to change due to fear of job loss, cost of investment in digital tools, organisational structure and culture, must be carefully considered as they might affect the successful use of digital tools and by extension, impact the success of workforce management in the organisations.

This paper aims to better understand the linkage between CO₂ emitters and industrial consumers. The border-crossing frequency is applied to calculate the average number of steps that a country takes in relation to the CO₂ emissions of its construction industry. The maximum border-crossing frequency and declining speed of CO₂ transfer are used to reveal the relationship between the length of production chains and the transfer efficiency of construction products.

This paper maps the CO₂ transfer that accompanies global production chains using the frequency of border crossing in the production processes of construction products. As the basic analysis framework, a multi-regional input–output model is adopted to analyse the average border-crossing frequency of CO₂ transfer. Additionally, indicators including the maximum border-crossing frequency and declining speed of CO₂ transfer are employed. Also, the maximum border-crossing frequency and declining speed of CO₂ transfer are used to reveal the relationship between the length of production chains and the transfer efficiency of construction products.

The results indicate that 85.49% of the CO₂ in construction products needs to be processed in at least one country, reflecting that direct trade is the major pattern of transfer of CO₂ from primary producers in global construction industries. The maximum border-crossing frequency is 4.88 for 15 economies, meaning that construction products cross the international borders up to 4.88 times before they are absorbed by the final users. The scale of the average border-crossing frequency ranged from 1.16 to 1.87 over 2000–2014, indicating that the original construction products crossed the international borders at least 1.16 times to satisfy the final demand of the consuming countries.

The data from the economic MRIO tables in the WIOD are only available until 2014, which is a limitation for conducting this research in recent years.

The fragmentation of production is not only reshaping global trade patterns, but also leading to the separation of CO₂ emitters and final consumers in production chains. A growing number of studies have focussed on the impact of production fragmentation on accounting for regional and national CO₂ emissions, but little research has been done at the scale of a specific industry. The major contribution of this paper lies in mapping the CO₂ emissions that accompany the production chains of construction products from the perspectives of both magnitude and length. Additionally, this paper is the first to propose using maximum border-crossing frequency and declining speed to analyse the characteristics of global production chains induced by the final demand of major economies for construction products.

The construction industries in developing countries can play a significant role in stimulating economic growth. Like many of these countries, the construction industry in Singapore has similarly evolved through an infancy phase to now reach a stage of maturity as the economy braces itself to officially become the first developed nation on the Equator by the end of the 1990s. The influence of the construction industry on the Singapore economy has been the subject of much study. None, however, has shown the stages through which the industry has evolved over the last 25 years, since Singapore gained independence in 1965, nor the role played by the government in rationalising the marketing capacities and level of sophistication among indigenous construction firms. This article seeks to explore the rationale behind the key development policies, strategies and marketing programmes implemented by the Singapore government for the local construction industry.

Most large‐scale construction projects in developing countries used to be dominated by contracting firms from the developed world. This phenomenon was observed in the construction industry of Singapore. However, over the last two or three decades, local contracting firms in Singapore were groomed to take on more sophisticated and complex contracts in the domestic market; Singaporean construction firms are now even exporting their accumulated expertise overseas. Traces the development of the construction industry in Singapore and synthesizes the Government‐led national marketing effort which has collectively provided assistance and encouragement for local construction firms to venture into overseas markets. Construction export marketing at the national level is emphasized. The lessons which can be learned from the Singapore experience would be useful for other developing countries in search of a similar paradigm in economic development and export marketing.

This study aims to set out to identify and evaluate potential obstacles to successfully implementing lean construction (LC) as a result.

Several indicators were recognized as major obstacles following an exhaustive assessment of the literature and a multicriteria decision analysis based on the analytic hierarchy process (AHP) of information obtained from a questionnaire survey that was directed to practitioners in the Indian construction industry.

The results of this AHP model suggest that “Managerial” and “Inadequate resources” categories with a priority weight of “0.361” and “0.309” have the highest levels of influence, respectively, while “Inadequate knowledge” and “just in time (JIT)” categories with a priority weight of “0.053” and “0.034” have the lowest levels of influence, respectively.

Construction companies can use the study’s findings as a guide to determine whether they are ready to embrace LC, learn more about the components needed for implementation or investigate any challenges that may arise. These businesses can then create plans to promote the adoption and application of the lean philosophy.

The Indian construction industry may see great success with LC management initiatives. LC concepts have been adopted by many nations, but during the past 20 years, there has only appeared to be a limited amount of lean implementation in the Indian construction industry. It seems that several structural and cultural barriers are preventing its effective implementation. Organizations will not be able to determine what improvement efforts are required, where these efforts should be directed or which initiatives could provide the best outcomes if they are unaware of the elements that influence the effective implementation of LC.