• Vismay Shah
• Uvesh Shaikh
• Shreyas Divakaran
• Preejith Pillai
• Akib Shaikh,:Faizan Mansuri

With the use of technology the world is growing faster, so as construction industry. When we are talking about Construction management we mainly focus on Execution of work and that too based on parameters like Time, Cost & Quality. But we all knew that Execution is not only the segment to focus on; Construction materials comprises of about 60-70% of cost. Selecting a proper vendor has become integral part of construction management. This study has been undertaken to investigate thechange in trends and methods of evaluation for selection of a vendor in construction industry. Rather studying what are the factors affecting selection of vendor, this study focuses on how to evaluate the vendor with the use of weightage point method which revolves around main parameters of construction management – Time, Cost & Quality. This study had been done through a case study of a project on which suppliers of crucial materials such as cement and steel has been evaluated. Also, with the modification of weightage method another parameter included in study was Credit limit in terms of time & cost as being market affected by economy this parameter has gained importance and it plays a vital role in selection of vendor. The data analysis shows modification of formula and entire composite rating system. Any firm who is into purchasing of the construction materials have to constantly analyze the data of the vendors and also have to modify the method of evaluation.

vendor, evaluation

"Modifications for Methods of Vendor Evaluation in Construction Industry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.6, Issue 6, page no.81-87, June 2019, Available :http://www.jetir.org/papers/JETIR1907K10.pdf

"Modifications for Methods of Vendor Evaluation in Construction Industry", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.6, Issue 6, page no. pp81-87, June 2019, Available at : http://www.jetir.org/papers/JETIR1907K10.pdf