The DOI matches its Crossref record; 13 of the 13 references it cites were found in a registry or an index.
Lean manufacturing, non‐financial performance measures, and financial performance
Open accessAbstract
Purpose: The purpose of this paper is to examine how utilization of non‐financial manufacturing performance (NFMP) measures impacts the lean manufacturing/financial performance relationship. Design/methodology/approach: A structural equation model (SEM) is estimated using data provided by 121 US manufacturing executives. In addition to examining direct effects, the study examines whether NFMP measurement mediates or moderates the lean manufacturing/financial performance relationship. Findings: The results provide substantial evidence that utilization of NFMP measures mediates the relationship between lean manufacturing and financial performance. Research limitations/implications: The study's findings regarding NFMP measurement suggest that the mixed results of prior studies of the lean manufacturing/financial performance relationship may be due in part to a failure to account for NFMP measurement. Limitations of the study are the non‐random sample and its small sample size, relative to the SEM estimated. Practical implications: Managers who implement lean manufacturing without utilizing supportive NFMP measures may experience disappointing financial results. Originality/value: This is the first known study that adopts a SEM framework to examine: how NFMP measurement affects the relationship between lean production and profitability; the direct relationship between NFMP measurement and firm performance; and the impact of lean manufacturing on externally audited, objective measures of firm performance.
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Cited by
Lean manufacturing: literature review and research issues
Bhamu, J., & Singh Sangwan, K. (2014) · International Journal of Operations & Production Management · doi:10.1108/ijopm-08-2012-0315 · Cited by 983
The impact of lean methods and tools on the operational performance of manufacturing organisations
Belekoukias, I., Garza-Reyes, J. A., & Kumar, V. (2014) · International Journal of Production Research · doi:10.1080/00207543.2014.903348 · Cited by 474
Lean practices and their effect on performance: a literature review
Negrão, L. L. L., Godinho Filho, M., & Marodin, G. (2016) · Production Planning & Control · doi:10.1080/09537287.2016.1231853 · Cited by 243
A literature review of empirical research methodology in lean manufacturing
Vamsi Krishna Jasti, N., & Kodali, R. (2014) · International Journal of Operations & Production Management · doi:10.1108/ijopm-04-2012-0169 · Cited by 178
Bevilacqua, M., Ciarapica, F. E., & De Sanctis, I. (2017) · International Journal of Production Research · doi:10.1080/00207543.2016.1211346 · Cited by 164
Metadata
- Authors
- Fullerton, R. R., & Wempe, W. F.
- Venue
- International Journal of Operations & Production Management
- Publisher
- Emerald
- Published
- 2009-02-20
- Volume
- 29
- Issue
- 3
- Pages
- 214-240
- ISSN
- 0144-3577 (ISSN-L)
- OpenAlex
- W2129670913
- Cited by
- 492
- References
- 13
- FWCI
- 33.24
- Type
- journal article
- Language
- en
- Open access
- green
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.