To Study the Implementation of Kaizen in Northern Indian Manufacturing Industries

Verma, Nitesh; Sidhu, Simranjit Singh; Chatha, Jagjeet Singh; Bali, Santosh

doi:10.1007/978-981-16-9057-0_50

Cited by 5 publications

(6 citation statements)

References 7 publications

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“…The finding can be justified that the application of modern management accounting techniques can help reduce raw material costs while maintaining product quality, which contributes to achieving a competitive advantage in cost reduction. This study is in line with the results of Abu Maria (2018), Seddeq and Yousef (2018), Verma et al (2023) and Safi (2017), which all confirmed that the application of modern management accounting methods can contribute to achieving a competitive advantage by reducing costs.…”

Section: Jbsedsupporting

confidence: 89%

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The impact of applying the target cost and continuous improvement (Kaizen) on achieving the sustainable competitive advantage of Palestinian industrial companies

Alkababji

2023

JBSED

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PurposeThis study aims to examine the impact of implementing target costing and continuous improvement techniques in industrial companies operating in southern Palestine on achieving sustainable competitive advantage (SCA). The study mainly assesses the level of application of these techniques by Palestinian industrial companies (PICs). Furthermore, it evaluates the extent to which the integration of these two methods can impact SCA, by producing cost-effective and innovative products that meet customer demands and needs, while simultaneously achieving continuous development of the company and an SCA.Design/methodology/approachA descriptive analytical approach was used to study the target costing and continuous improvement techniques employed by industrial companies in southern Palestine. A questionnaire was administered to 415 companies in the southern West Bank to collect data on the application of target cost and continuous improvement and their impact on SCA, measured through market share, differentiation and cost reduction. Control variables, such as company age, size (measured by the number of employees) and industrial sector classification were also included in the study model.FindingsThe findings of the study revealed that the PICs apply target costing and continuous improvement at a high level. Furthermore, all dimensions of achieving SCA were found to be achieved at a high level, with market share being the most prominent. The study also found that the integration of the target costing and continuous improvement had a positive impact on achieving SCA in the PICs. However, the study found no impact on company size, age or industrial sector on achieving a competitive advantage in terms of market share or other results.Research limitations/implicationsThe current study was limited to the application of strategic management methods to companies within the industrial sector only. This may constitute a limitation because it neglected other sectors. Likely, another limitation was the difficulty of obtaining the quantitative numbers needed for some quantitative variables that pertain to that type of industrial companies, which are mostly family companies that could not be regulated by the local companies' law to disclose their financial statement.Practical implicationsIf industrial companies have ambitions to reduce production costs from the planning and design stage to set the target selling price. It is based on the understanding and awareness of customers' desires while maintaining the quality of products according to the best methods of improvement and innovation; therefore, this can be achieved by using the target costing and the continuous improvement techniques through reviewing the current study and its results.Social implicationsThe current study sought to link two methods, simultaneously and complementary, with each other of the strategic methods of managerial accounting, which helps the companies to offer their best to attract customers, develop the product or service and maintain their continuity in a changing labor market that enables it to achieve sustainable and competitive advantage.Originality/valueThis study is unique in that it explores the impact of the integration of target costing or continuous improvement techniques (Kaizen) on achieving SCA in Palestine industrial companies. While previous studies have examined either target costing or continuous improvement techniques separately, this study enhances the integration of these two methods to achieve SCA.

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Section: Jbsedsupporting

confidence: 89%

“…This competitive market demands superiority, making it challenging for industries or organizations to identify and fulfill the required needs of customers. In such situations, Kaizen is the most suitable tool for continuous improvement and survival in the business world (Verma et al, 2023;Hamdamen et al, 2018).…”

Section: Kaizen Eventsmentioning

confidence: 99%

The impact of applying the target cost and continuous improvement (Kaizen) on achieving the sustainable competitive advantage of Palestinian industrial companies

Alkababji

2023

JBSED

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“…If a long period of time has passed since the implementation of kaizen in this unit, over time it will have a great impact on other dimensions in addition to the impact on automation. Industries that have implemented kaizen for more than 2 years achieve the best results by implementing various dimensions of kaizen such as automation through waste elimination, cost reduction, better quality and increased productivity (Verma, 2022).…”

Section: Discussionmentioning

confidence: 99%

Kaizen and employee performance: A path analysis

Shojaei¹,

Shojaeiává²

2022

J. adm. bus. stud.

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Kaizen (Japanese) means continuous improvement or change to achieve a better result and focuses on continuous improvement of the manufacturing, engineering, or business management process. Kaizen philosophy is based on the principle that the way of human life, including work life, social life and family life, should be continuously improved. The aim of this study is to path analyzed the effect of kaizen on improving employee performance. In this study, Kaizen was implemented in unit of one of the products of an automotive company in Iran, in 2018 and then its effect on the performance of the personnel was investigated. Data were analyzed by SPSS-22 and Lisrel-8.8 software using statistical path analysis. According to the 􀅫indings, the 􀅫inal path model 􀅫itted based on CFI =0.25, RMSEA=0.51 index. Also among direct paths, Automation" with β=7.66 and "order at work (5S)" with -0.38 had the greatest and least impact on employees' performance, respectively. It is very important to use standard devices and tools to automate activities to have better results on employee performance. The overall impact of kaizen on performance is clear, but one way to determine which dimension has the greatest impact is through path analysis, so that by identifying direct and indirect effects on performance, we can focus more on identifying drivers and barriers to kaizen implementation. Convincing managers to implement kaizen in their system, teaching its implementation steps to managers and personnel with different views and expertise at different organizational levels. In fact, the impact of kaizen on the performance and productivity of the organization may take some time, but the of􀅫icials of the organization expect to see the result of this implementation faster and have a signi􀅫icant increase, especially in the 􀅫ield of 􀅫inancial pro􀅫it.

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“…De acuerdo con lo anterior, los autores Dave y Sohani concuerdan con que la manufactura esbelta o mejor conocida como Lean Manufacturing, debe adoptarse en las industrias en su totalidad y no a través de un enfoque por islas, e igualmente destaca que las empresas centradas en el incremento de su productividad a nivel general se pueden convertir en industrias de clase mundial, con mayores áreas de acción y mejores oportunidades [9] Seguidamente de esto, se conecta también con lo que plasma Radharamanan con la filosofía Kaizen o método Kaizen, que es dada a través de la creación de un equipo de trabajo que aplique el análisis, seguimiento y control de un problema, es decir, este método se fundamenta en la búsqueda de la mejora en los procesos, ocurriendo esto de forma gradual y cumpliendo de este modo con los requisitos del cliente destacando así en la calidad, ganancia y productividad [10]. También otro planteamiento con respecto a la filosofía Kaisen enuncian que la aplicación de estos principios implica la eliminación de MURA (falta de uniformidad), 3M-MUDA (desperdicio) y MURI (sobrecarga), reconocidos como desperdicios que no añaden valor a la marca e incrementan los plazos de entrega [11]. Dicho de otra forma, lo primordial en una empresa debe ser tener todas las áreas de trabajo organizadas, garantizando que las herramientas de trabajo se encuentren en sus respectivos sitios, y cumpliendo con que el producto final esté bien almacenado, esto es un factor clave para el crecimiento y el no tener gastos innecesarios al tener que buscar materia prima extra o herramientas [12].…”

Section: Estado Del Arteunclassified

Aplicación del Estudio de Métodos y Tiempos: Caso Empresarial. Muebles & Colores La 30

Assan-Barrios

Castro-García²,

Fontalvo-Altamiranda³

et al. 2023

BILO

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El estudio del trabajo es un método sistemático para el incremento de la productividad en una empresa que busca examinar e investigar todos los factores que influyen en la eficiencia del desempeño, en el desarrollo de esta es recurrente mencionar diversos temas como las condiciones de trabajo, análisis de operaciones, diagramas de procesos, entre otros. El objetivo del siguiente proyecto es analizar procesos productivos aplicando las herramientas del estudio del trabajo con la finalidad de encontrar cuellos de botellas y proponer mejoras para incrementar la productividad de la empresa. Por esto se realizó una visita a una empresa para analizar su productividad y los cuellos de botella presentes en el proceso de la empresa. Es así como se implementó un estudio de métodos y de tiempos permitiendo un mejor análisis crítico del proceso, gracias a eso se pudo establecer una mejor distribución del proceso y unas propuestas a futuro para el mejoramiento y crecimiento de la productividad de la empresa.

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To Study the Implementation of Kaizen in Northern Indian Manufacturing Industries

Cited by 5 publications

References 7 publications

The impact of applying the target cost and continuous improvement (Kaizen) on achieving the sustainable competitive advantage of Palestinian industrial companies

The impact of applying the target cost and continuous improvement (Kaizen) on achieving the sustainable competitive advantage of Palestinian industrial companies

Kaizen and employee performance: A path analysis

Aplicación del Estudio de Métodos y Tiempos: Caso Empresarial. Muebles & Colores La 30

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