Improving the Supply Chain of Housing Industrialization from Transaction Costs Perspective: A Literature Review

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    Abstract

    Sustainable development has been the focus of all major industries in the world, especially in the construction industry. As one of the sustainable construction modes, housing industrialization (HI) is now absorbing a growing number of attentions that lead the industry to go green. However, the implementation of HI in China is far from satisfactory due to its low economic efficiency. This paper attempts to improve the HI supply chain from a new perspective-transaction costs (TCs). First, it provides an objective understanding of status quo of HI in particular in China. Then, the study outlines the basis of TCs theories and supply chain management theory, compiling literature review of the application of TCs and supply chain management in other fields to states the feasibility of
    their application in HI area. A theoretical framework is developed to explain the relationships and overlaps among these three areas. Analysis of the state of research in application of TCs in HI supply chain management is expected to help optimized the governance structure of HI supply chain.
    Original languageEnglish
    Title of host publicationProceedings of the World Sustainable Built Environment Conference (WSBE17)
    Subtitle of host publicationTransforming Our Built Environment through Innovation and Integration: Putting Ideas into Action
    Place of PublicationHong Kong
    PublisherConstruction Industry Council
    Pages2792-2797
    ISBN (Print)978-988-77943-0-1
    Publication statusPublished - 2017
    EventWorld Sustainable Built Environment Conference - Hong Kong , China
    Duration: 5 Jun 20177 Jun 2017
    http://www.wsbe17hongkong.hk

    Conference

    ConferenceWorld Sustainable Built Environment Conference
    Abbreviated titleWSBE17
    CountryChina
    CityHong Kong
    Period5/06/177/06/17
    Internet address

    Keywords

    • housing industrialization (HI)
    • supply chain management
    • transaction costs (TCs)

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