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The most innovative lean practices deployed in transportation and their effects on the financial and operational performance

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  • Popescu Mihaela Cornelia

    (Bucharest University of Economic Studies, Bucharest, RomaniaDoctoral School of Business Administration)

Abstract

The new lean paradigm defines the necessary management tools and techniques that create more value for the customers using lean resources. By reducing the non-value activities in one hand, and emphasizing on continuous improvement on the other hand, the lean practices implemented open the path for superior level of financial and operational performance. The purpose of this paper is to highlighting the strong correlation between the combination of the TQM, JIT, TMS, TPM and RFID as the most important lean practices employed by the transportation companies surveyed and its financial and operational performance. The correlation between the lean practices deployed within the transportation companies analyzed and their financial or operational performance has been established due to applying the SPSS quantitative methods, factor analysis and linear regression.

Suggested Citation

  • Popescu Mihaela Cornelia, 2020. "The most innovative lean practices deployed in transportation and their effects on the financial and operational performance," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 14(1), pages 159-169, July.
    • Handle: RePEc:vrs:poicbe:v:14:y:2020:i:1:p:159-169:n:16
    DOI: 10.2478/picbe-2020-0016
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    References listed on IDEAS

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    1. Ferrer, Geraldo & Dew, Nicholas & Apte, Uday, 2010. "When is RFID right for your service?," International Journal of Production Economics, Elsevier, vol. 124(2), pages 414-425, April.
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