• Title/Summary/Keyword: manufacturing performance

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The Influences of Fixed Assets on Corporate Performance - Evidence from Manufacturing-listed Companies in China (고정 자산이 기업 실적에 미치는 영향 - 중국에서 성장 제조업 회사들의 증거)

  • Lv, Yeqing;Zheng, Ziyang;Wang, Yuan
    • The Journal of the Korea Contents Association
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    • v.21 no.2
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    • pp.548-561
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    • 2021
  • Manufacturing is a pillar industry for national economic growth. Analyzing the internal problems of manufacturing enterprises can solve the difficulties faced by manufacturing enterprises and improve the overall performance of manufacturing enterprises.This study selected 1,546 listed manufacturing companies in Shenzhen and Shanghai stock markets from 2009 to 2015, and empirically analyzed the relationship between fixed assets and corporate performance by using the fixed effect model and the two-way fixed effect model.The study finds 1) the scale of fixed assets has a negative effect on corporate performance. 2) the quality of fixed assets has a weak positive relationship with fixed assets. 3) the growth rate of fixed assets impacts corporate performance positively.

Change in Manufacturing Strategy: An Empirical Study

  • Cho, Sok-HWan
    • The Journal of Information Technology
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    • v.8 no.2
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    • pp.59-76
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    • 2005
  • The purpose of this study is to identify types of dynamic manufacturing strategies and their effects on business performance. Three characteristics of Korean manufacturing should be noted. First, it is found that there are six types of dynamic manufacturing strategies in Korea. Second, the roles of the infrastructural and structural action programs become different according to different types of dynamic manufacturing strategies. Third, the strategy of continuously fostering both cost leadership and differentiation capabilities has turned out to be very effective in Korea.

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The Impact of Preventive Environmental Programs Implementatio on Sales growth, Manufacturing and Environmental Performanc the Chemical Industry of the USA

  • Yang, Jong-gon;Chang, Dae-sung;Park, Ju-Young
    • Journal of the Korea Society of Computer and Information
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    • v.7 no.4
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    • pp.220-234
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    • 2002
  • This study examined the impact of preventive environmental management practices on sales growth, manufacturing and environmental performance of the US chemical manufacturing companies. In order to investigate the impact, this study examined the relationship between the degree of preventive environmental programs and sales growth, manufacturing and environmental performances. Using a cross-sectional research design to test three hypotheses. a survey questionnaire was mailed to chemical companies in the USA. To investigate the relationship between the degree of Preventive environmental programs and sales growth, manufacturing and environmental performances. t-tests were used. According to the results of t-tests the higher preventive implementation programs achieved better manufacturing and environmental performances than lower preventive or reactive strategies. But there was no difference in sales growth between tow groups.

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Servitization and Manufacturing Firms' Performance: Korean Firm-Level Data Evidence

  • Jae Wook Jung;Hyunsoo Kim
    • East Asian Economic Review
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    • v.26 no.4
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    • pp.257-277
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    • 2022
  • Does servitization improve manufacturing firms' performance, and in what condition? Following the seminal work of Crozet and Milet (2017), this study analyzes disaggregated firm-level data that covers 40,000 South Korean manufacturing firms surveyed by the Survey of Business Activities of Korea. We compute firm-level servitization intensity with available sales data of each firm by two-digit SIC sub-sectors. We find two novel empirical regularities: Korean servitization intensity distribution shows a very different shape from the French benchmark; Servitized firms tend to perform higher profitability and higher productivity than non-servitized firms.

A Study on the Factors Affecting Product Innovation of Manufacturing Companies: With a Focus on the Relationship between Participation of Suppliers, Customer and Business Performance (제조기업의 제품혁신 영향요인에 관한 연구: 공급자 참여, 고객참여 및 경영성과를 중심으로)

  • Na, Sang-Gyun;Cho, Gyu-Yeon
    • Journal of the Korea Safety Management & Science
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    • v.16 no.1
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    • pp.177-189
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    • 2014
  • The objective of the present study is to analyze the relationship of suppliers and customer participation in product development process and effects of such participation on product innovation since it is getting more and more weight in manufacturing companies. It is also aimed in this study to explore if business performance of manufacturing companies might be affected by the suppliers participation as well as product innovation that is realizable by such participation. From the analysis, following conclusions could be drawn: First, suppliers participation in manufacturing companies turned out to have influence upon product innovation (standardized coefficient=0.193, C.R=3.510), implying that nothing is more important than the role of suppliers who have intention to realize innovation through participation in manufacturing companies. Second, the analysis showed that customer participation exercised impact upon product innovation of manufacturing companies (standardized coefficient=0.686, C.R=6.433), suggesting that the more customer participate in product development process of manufacturing companies, the more manufacturing companies could sharpen their competitiveness. Third, it was made known from the analysis that the product innovation thanks to suppliers and customer participation in manufacturing companies could have influence upon their business performance (standardized coefficient=0.762, C.R=7.666), signifying that the product innovation of manufacturing companies might depend on the participation of suppliers and manufacturers and, in turn, could affect their own business performance.

Influences of External Factors on Business Performance of Domestic Animal Feed Enterprises in Vietnam

  • NGUYEN, Van Hau;DUONG, Thi Quynh Lien;QUYNH, To Thi Huong;TRANG, To Thi Thu
    • The Journal of Asian Finance, Economics and Business
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    • v.7 no.11
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    • pp.575-583
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    • 2020
  • Vietnam is the country with the largest animal feed production in Southeast Asia. Domestic animal feed manufacturing enterprises play an important role in animal husbandry in particular and in agriculture in general. However, domestic animal feed enterprises in Vietnam are encountering shortcomings. This paper is conducted to investigate the impact levels of external determinants on business performance of domestic animal feed manufacturing enterprises, including: (i) policy and economic mechanism, (ii) supply-demand of animal feed products, and (iii) nature and level of market competition. We presented a research method, explaining the dependent variable 'business performance' and the independent variables. Data were collected from 120 questionnaires from domestic animal feed manufacturing enterprises. Based on these data, we use Cronbach's Alpha, EFA and run regression model for assessing the impact levels of each independent variable on the dependent variable of business performance of domestic animal feed manufacturing enterprises. The results show that three external determinants including (i) policy and economic mechanism, (ii) supply-demand of animal feed products, and (iii) nature and level of market competition, have positive relationships with business performance. Based on the findings, some recommendations are given for improving business performance of domestic animal feed manufacturing enterprises to ensure sustainability.

Automation in Apparel Manufacturing: The Relationship with Company Context and Manufacturing Performance (의류업체의 생산자동화: 기업상황과 생산성과와의 관계)

  • 조영경;박경애;김태훈
    • Journal of the Korean Society of Clothing and Textiles
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    • v.25 no.4
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    • pp.754-763
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    • 2001
  • The purpose of this study was to examine: 1) the differences in the automation level by company characteristics(i.e., product category, product type, firm size); 2) the effects of company context(i.e., environmental uncertainty, task uncertainty) on the automation level; and 3) the effect of the automation level on manufacturing performance(i.e., quality, flexibility, time, cost). Data were collected from a mail survey. Four hundred eighty two questionaries were mailed to apparel manufacturers nationwide, and 60 responses were analyzed. The results revealed that: 1) mens and womens wear manufacturers and large manufacturers(i.e., the number of employees, sales volume) showed higher automation level; 2) environmental complexity positively affected the automation level; and 3) the automation level had a positive effect only on quality performance.

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A Study on the Factors that Influence the Digital Transformation of the Supply Chain on the Enterprise Environmental Performance of Chinese Automobile Manufacturers (공급망의 디지털 전환이 중국 자동차 제조기업의 환경성과에 미치는 영향 요인에 관한 연구)

  • Yujie Cai;Jae yeon Sim
    • Industry Promotion Research
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    • v.9 no.2
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    • pp.207-221
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    • 2024
  • Automotive manufacturing is a traditional manufacturing industry that consumes a lot of energy and emits a lot of pollutants, and needs to improve environmental performance through digital transformation of supply chains.In this study, 13 hypotheses were put forward based on supply chain digital transformation, supply chain dynamic capability and enterprise environmental performance. The results of the questionnaire survey on the managers and employees of automobile manufacturing enterprises in 7 regions of China show that the digital transformation of supply chain can help improve the environmental performance of automobile manufacturing enterprises under the influence of supply chain dynamic capability

An Empirical Study on the Roles of Organizational Structure on the Relationships of between the Integration Level of AMT and Manufacturing Performances (AMT의 통합수준과 제조성과의 연관성에 대한 조직구조의 역할)

  • Han Hong-Soo;Roh Jeong-Goo
    • Management & Information Systems Review
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    • v.4
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    • pp.225-255
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    • 2000
  • The basic purpose of this research is to analyse a relationship between the integration level of AMT(ILAMT) and manufacturing performance (cost, quality, flexibility, delivery) and to identify the moderating effects of organizational structure in the relationship. First research question(hypothesis 1) was to examine the relationship between ILAMT and manufacturing performance. We tested this question using simple regression analysis. All of the correlation were positive and significant at the level of 1%(two-tail test). Therefore, hypothesis 1 was supported by the results. It means that firms that have high ILAMT are to exhibit high level of all manufacturing performance(cost, flexibility, quality, delivery). Namely, It is that the integration of AMT can solve the trade-off among manufacturing performance. Second research question (hypothesis 2) was to identify the moderating effects of organizational structure on the relationship between ILAMT and manufacturing performance. we tested this question using moderated regression analysis. According to the results, hypothesis 2 was partially supported. In other words, formalization and decentralization were accepted, but complexity was rejected. It means that firms with high ILAMT and an organic organizational structure are more likely to exhibit high level of manufacturing performance. To the practitioners, this research provided the answer to what they ought to do make AMT work in their organizations. To increase the effectiveness of AMT, first of all, they should take notice of the importance of integrated use of AMT, and the implementation of AMT should take into consideration the characteristics of organizational structure manufacturing strategy so that the effect of AMT may be multiplied by using AMT.

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The Effect of Physical Factors Related to Industrial : Accidents on Manufacturing Performance in a Small/Medium-Sized Manufacturing Industry in Korea

  • Park, Hai-chun;Lee, Ann-sub
    • Journal of Korean Society of Industrial and Systems Engineering
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    • v.24 no.64
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    • pp.77-83
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    • 2001
  • In this paper, we investigated the relationship between the variables related to manufacturing environment and industrial accident. Also we wish to analyze how much these variables influence in production result of company: the manufacturing performances such as production quantity, quality, cost and delivery. For this investigation, we collected the real data from 16 small/medium-sized manufacturing companies by performing a questionnaire survey and one-site interview with the workers. Sixteen companies were made up of the following four industries: metal processing, machinery manufacturing, chemical products manufacturing and electronic products manufacturing, The data analysis was made using SPSS PC+. Based on the result of the analysis, we came to the conclusion that most of variables related to manufacturing environment and industrial safety were connecting with industrial accident occurrence and also influenced in manufacturing performance.

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