IDEAS home Printed from https://ideas.repec.org/h/spr/sprchp/978-981-16-1751-5_7.html
   My bibliography  Save this book chapter

Improving an Automotive Workshop’s Profitability Using Lean Management Principles

In: Designing Cost Management Systems to Support Business Decision-Making

Author

Listed:
  • Pieter Buys

    (North West University)

  • Hardus Oosthuizen

    (North West University)

Abstract

In a competitive business environment, the automotive industry is finding it challenging to remain competitive and profitable. Lean management has as part of its objectives the improvement of operational processes, better cost management and waste reduction. The aim of this chapter is to analyse the potential impact of activity-based costing and value stream analysis in promoting waste identification and improved profitability in an automotive workshop environment. The research indicated that although the workshop is already performing at an efficiency rate exceeding the original equipment manufacturing benchmark, the redesign of the diagnostic aspect of the workflow could result in further improved efficiencies, with resultant profitability improvements. The results prove the point that any organisation should continuously strive for optimum operational process redesign and relevant management information generation.

Suggested Citation

  • Pieter Buys & Hardus Oosthuizen, 2021. "Improving an Automotive Workshop’s Profitability Using Lean Management Principles," Springer Books, in: Pieter Buys (ed.), Designing Cost Management Systems to Support Business Decision-Making, chapter 0, pages 125-144, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-1751-5_7
    DOI: 10.1007/978-981-16-1751-5_7
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:sprchp:978-981-16-1751-5_7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.