IDEAS home Printed from https://ideas.repec.org/a/src/jbsree/v5y2019i2p237-246.html
   My bibliography  Save this article

The Effect of Lean Manufacturing on the Financial Performance: Case of the Manufacturing Companies in South Lebanon

Author

Listed:
  • Alaaraj, Hassan
  • Bakri, Ahmed

Abstract

Businesses have been trying to implement new business initiatives such as lean manufacturing to stay alive in the latest competitive market place. Such initiative concentrates on cost reduction by removing the non-value added activities to achieve better financial performance. This study examined the effect of lean manufacturing on financial performance from the perspective of managers in the industrial sector in South Lebanon. The methodology of this study was quantitative in which 152 self-administered questionnaires were distributed randomly among managers. The data was analyzed using SPSS software. Descriptive statistics were identified and proposed hypotheses were tested using Pearson correlation and regression analysis. The results showed that lean manufacturing has a significant and positive effect on financial performance. Future studies are encouraged to expand the research to other regions in Lebanon over a longer time horizon and apply different quality improvement tools.

Suggested Citation

  • Alaaraj, Hassan & Bakri, Ahmed, 2019. "The Effect of Lean Manufacturing on the Financial Performance: Case of the Manufacturing Companies in South Lebanon," Journal of Business and Social Review in Emerging Economies, CSRC Publishing, Center for Sustainability Research and Consultancy Pakistan, vol. 5(2), pages 237-246, December.
    • Handle: RePEc:src:jbsree:v:5:y:2019:i:2:p:237-246
    DOI: http://doi.org/10.26710/jbsee.v5i2.794
    as

    Download full text from publisher

    File URL: https://publishing.globalcsrc.org/ojs/index.php/jbsee/article/view/794/651
    Download Restriction: no
    File URL: https://libkey.io/http://doi.org/10.26710/jbsee.v5i2.794?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    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:src:jbsree:v:5:y:2019:i:2:p:237-246. 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: Prof. Dr. Ghulam Shabir (email available below). General contact details of provider: https://edirc.repec.org/data/csrcmpk.html .

    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.