Abstract
Purpose: It is not necessary that massive investment in automobile industry is
beneficial for all the nations. Some countries like Malaysia are facing different
issues regarding Financial Performance (FP) due to the intensity of worldwide
competition. To address this issue, this study is being conducting to investigate
the role of lean manufacturing in the FP of Malaysian automobile industry.
Design/Methodology/Approach: This study followed quantitative research
approach and survey was preferred to collect required data from managerial
staff of Malaysian automobile company with the help of questionnaire. Total
500 questionnaires were used and distributed with the help of simple random
sampling technique. Study utilized PLS-SEM to investigate end the impact of
lean manufacturing on FP of Malaysian Automobile Industry. Findings: Results
of the study revealed a strong connection between lean manufacturing and FP.
Lean manufacturing has positive impact on FP of Malaysian automobile
industry. Moreover, quality management is important to sustain the link
between lean manufacturing and FP. Implications/Originality/Value: This
study is contributed in the body of knowledge by highlighting the lean
manufacturing practices to promote FP. As this study highlighted various lean
manufacturing practices to enhance FP, therefore, it is significant for
practitioners while making the strategies related to the FP of automobile
companies
Dr. Waseem Ul Hameed, Shazia Kousar, Hummaira Qudsia Yousaf, Dr. Saeed Ahmad Sabir. (2020) LEAN MANUFACTURING AND FINANCIAL PERFORMANCE: A CASE OF MALAYSIAN AUTOMOBILE INDUSTRY, International Journal of Management Research and Emerging Sciences, Volume 10, Issue 3.
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