Framework to assess competitive positioning in manufacturing industries

Kharub, Manjeet; Sharma, Rajiv Kumar

doi:10.1504/ijbex.2017.083565

Cited by 10 publications

(14 citation statements)

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“…A dynamic and turbulent industrial environment characterised the period of the 1990s manufacturing industries (Whittington et al , 2017). The importance of innovation, automation and manufacturing strategy increased and well understood by disciplines including economics, industrials, businesses, marketing, military and tactics (Hill et al , 2014; Kharub and Sharma, 2017a, b; Olhager and Feldmann, 2018). The strategy projects outcomes indicate that about 70 per cent of the differences in successful and unsuccessful companies are affected by the attributes of strategic factors such as quality, flexibility, integration and innovation.…”

Section: Introductionmentioning

confidence: 99%

The relationship between cost leadership competitive strategy and firm performance

Kharub¹,

Mor

Sharma

2019

JMTM

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Purpose The purpose of this paper is to examine the cost leadership competitive strategy’s (CLCS) impact on firm performances and the mediating role of quality management (QM) practices in the context of micro, small and medium enterprises (MSMEs). Design/methodology/approach A structures questionnaire data collected from 245 ISO 9000 certified MSMEs in India (65.1 per cent of response rate) have been utilised to understand the CLCS’s impact on firm performances. In the first step, the data adequacy tests were performed to check the reliability and validity of the questionnaire and survey data. After that, the partial mediating model (direct, indirect and total effect) along with structural equation modelling approach was employed to test the research hypotheses. Findings The study results revealed that no direct relationship exists between the CLCS and firm performances (0.12<β<0.13; p>0.05); however, QM practices entirely mediated their relationship (β=0.73, p<0.01). Among eight model parameters, with highest total effects on product quality improvement (β=0.6264) and process improvement (β=0.6028), the continuous improvement secured the rank 1, followed by information and analysis (β=0.2334) and supplier management (0.1839), respectively, at p<0.05. Based on the empirical results, it can be concluded that the continuous improvement via proper information and data analysis is the key to achieve CLCS’s goal in the MSMEs. Research limitations/implications The study results’ generalisation towards the large organisations is limited. The survey result findings applicability to other developing countries should also be treated with caution because the Indian Government subsidised the MSMEs selected for this study. The study results will help managers in implementing CLCS at the organisational level. The successful implementation will facilitate a competitive advantage in the local market and will motivate them to think globally. Originality/value The research observation and findings are expected to contribute to the strategic management in manufacturing industries. The study also confirms the existence of strategic management in MSMEs in a developing country. Furthermore, the major contribution is to understand the mediating role of QM practices, especially continuous improvement effect on the relationship between CLCS and firm performances in a developing country. The results indicated that the CLCS is only possible when the managers in the manufacturing sectors emphasis on the QM practices in their firms.

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Section: Introductionmentioning

confidence: 99%

The relationship between cost leadership competitive strategy and firm performance

Kharub¹,

Mor

Sharma

2019

JMTM

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“…All the work related to GST is performed by businessman online through the GST portal [5]. For this, the businessman requires new business software compile with latest IT system of GST [13]. Since GST implementation is in its initial phase, so it needs of train and professionals not only to understand the tax implications of GST but also on the procedural aspects like enrolling and uploading returns online, etc.…”

Section: Benefits Of Gst Implementationmentioning

confidence: 99%

“…The PPS for each set of questions reflects different proxy issues/variable under various casual variables has been calculated with the help of below formulas, given as: The detailed procedure is for calculating TPS and PPS is presented in Table I. Kharub and Sharma [13] These measures reflect as to how well the area represented by that question can generate competitive advantage to industries. The significant results concerning various casual variables in Porter Diamond model are summarized below.…”

Section: B Calculation Of Scorementioning

confidence: 99%

Impediments and Solutions in the Process of GST Registration of Restaurants in Hyderabad

Sharma¹,

Arora²

2019

IJRTE

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The strength of a nation’s economy depends upon the system of taxation which If taken correct approaches, can keeps revenue consistent, stimulates industrial activity and manages growth in our economy. The Indian government has made an ambitious shift by introducing Goods and Services Tax (GST) tax policies. The strategy is to present modern, transparent and technology-driven indirect tax system. The new tax system aimed to sharpen the competitive edge of a 230 crores ($2.3 Trillian) Indian economy driven by internal trade restrictions and a raft of central, state and local taxes. After two years of its introduction, the new system is yet to settle down and being considered puzzling on many dimensions. Even after proper beginning, the GST registration system is facing barriers relevant to documentation, technology, stakeholder willingness, etc. This paper aimed to rank the potential impediments to GST registration of restaurants in Hyderabad. The outcome of this paper will help new registration seeks to understand new taxes system in general and will intimate the ground reality to authorities responsible for its successful implementation. This paper presents a case study of the issues faced by the restaurants in Hyderabad during GST registration in these two years of implementation. Solutions to these issues have been proposed in this paper, which may be helpful for the new entrepreneurs to register on GST portal.

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“…For this, the businessman requires new business software compile with latest IT system of GST [13]. Since GST implementation is in its initial phase, so it needs of train and professionals not only to understand the tax implications of GST but also on the procedural aspects like enrolling and uploading returns online, etc.…”

Section: Benefits Of Gst Implementationmentioning

confidence: 99%

Technical Barriers and Solutions of GST: A Descriptive Study after first Quarter of its Implementation

2018

IJMTER

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-The Indian government has made an ambitious shift by introducing Goods and Services Tax (GST) tax policies. The strategy is to present modern, transparent and technology-driven indirect tax system. The new tax system aimed to sharpen the competitive edge of a 230 crores ($2.3 Trillian) Indian economy driven by internal trade restrictions and a raft of central, state and local taxes. After six months of its introduction, the new system is yet to settle down and being considered puzzling on many dimensions. Even after proper beginning, the GST registration system is facing barriers relevant to documentation, technology, stakeholder willingness, etc. This paper aimed to rank the potential technical barriers to GST registration. The outcome of this paper will help new registration seeks to understand new taxes system in general and will intimate the ground reality to authorities responsible for its successful implementation. This paper presents a case study of the technical issues faced by the businessmen during GST registration in the first quarter of implementation. Solutions to these issues have been proposed in this paper, which may be helpful for the businessmen to register on GST portal.

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Framework to assess competitive positioning in manufacturing industries

Cited by 10 publications

References 0 publications

The relationship between cost leadership competitive strategy and firm performance

The relationship between cost leadership competitive strategy and firm performance

Impediments and Solutions in the Process of GST Registration of Restaurants in Hyderabad

Technical Barriers and Solutions of GST: A Descriptive Study after first Quarter of its Implementation

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