scholarly journals Changes in Production Efficiency During the COVID-19 Pandemic

2021 ◽  
Vol 4 (1) ◽  
pp. 255-265
Author(s):  
Dorota Klimecka-Tatar ◽  
Robert Ulewicz

Abstract The limitations and new safety restrictions related to the COVID-19 pandemic caused by SARS-CoV-2 had a strong impact on the functioning of numerous manufacturing companies. This paper presents the results of a survey conducted among employees of manufacturing companies. A preliminary comparison of the production efficiency (and volume) in terms of the size of enterprises was made – results obtained for micro, small and medium entrprise, as well as for large production enterprise. On the basis of the presented results, it was unequivocally stated that it was much easier for micro and small enterprises to adapt to the introduced changes. They easily expanded the range of products and thus recorded a slight increase in production. Large enterprises, due to the narrow scope of their operations, unfortunately recorded a significant decrease in production – which may also be caused by the discontinuity of the supply chain.

2017 ◽  
Vol 17 (1) ◽  
Author(s):  
Siti Aisyah Ya’kob ◽  
Wan Jamaliah Wan Jusoh

The practice of linking the enterprises with their channel members through supply chain activities is meant to achieve better performance and to create a win-win situation for both sides. A study on supply chain linkages is necessary in order to observe the effect of the linkages on firms’ performance. Therefore, this study is conducted to examine the factors of supply chain linkages that affect the business performance among micro and small enterprises. Three factors were proposed, which are information sharing, development programme and outsourcing. A total of 214 sets of questionnaires was completed by owners and firm’s personnel from 13 industrial sectors. The findings from this study revealed that information sharing and development programme have a significant and positive relationship with firms’ performance. Even though outsourcing shows a positive relationship with firms’ performance, but the relationship was not statistically significant. The results provide a better understanding of information sharing, development programme and outsourcing from micro and small enterprise perspective in Sarawak.Keywords: Supply Chain; Information Sharing; Development Programme; Outsourcing; Performance; Micro and Small Enterprise.


2014 ◽  
Vol 5 (1) ◽  
pp. 65-73
Author(s):  
Binod Timilsina ◽  
Päivi Haapalainen ◽  
Josu Takala

Abstract The purpose of this study is to explore the effect of a company’s size on its manager’s perception towards changes in market needs and manufacturing flexibility. To serve the purpose, a questionnaire was designed by considering different types of manufacturing flexibility and changes occurring in market needs. The collected data were then analyzed to verify the proposed hypotheses. The results showed that a company’s size significantly influence manager’s perception towards manufacturing flexibility and market requirements. For instance, reliability is given higher priority by managers of micro and small enterprises in comparison with managers of medium and large enterprises. Similarly, routine flexibility is found to be significantly more important to managers of micro and small enterprises, while production facility flexibility is considered more important by managers of medium and large enterprises. Furthermore, the results showed that there is a positive relationship between changes in market requirements and manufacturing flexibility, showing that manufacturing flexibility is governed by changes in market requirements. This research was conducted with managers at various companies in the energy sector; so the results may not be applicable to other industries.


2018 ◽  
Vol 3 (1) ◽  
pp. 11-17
Author(s):  
Katlea Fitriani ◽  
Natalia Christi

Objective - This paper aims to analyze Supply Chain Risk (SC Risk) and Supply Chain Risk Management (SCRM) in the Islamic fashion Industry in Bandung, with a particular focus on micro and small enterprises. Moreover, this paper will demonstrate the differences between the way the micro and small enterprises view SC Risk and SCRM. Methodology/Technique - This research uses questionnaires to obtain the data. The population in this study consists of 86 firms representing the center of the hijab fashion industry in BALTOS, Bandung. The data was obtained through observation and in-depth interviews with selected micro and small enterprises in the Islamic fashion industry, as well as the distribution of questionnaires from the hijab fashion industry in BALTOS. Findings - The results of this study raise concerns relating to SC Risk and the SCRM among micro and small enterprises in the Islamic fashion industry in BALTOS. The findings demonstrate that most Muslims consider that certain market conditions involve high levels of risks, which act as a threat to their businesses. Novelty - The global and dynamic evolution of the global market has contributed to increased levels of intense competition in various markets. The analysis of Supply Chain Risk Management (SCRM) strategies, to minimize the frequency of Supply Chain (SC) risk, is therefore important. Type of Paper: Empirical. Keywords: Supply Chain Risk Management; Supply Chain Risk; Supply Management; Islamic Fashion Industry; Micro-Small Enterprises. JEL Classification: M30, M39.


2019 ◽  
Vol 15 (1) ◽  
pp. 174
Author(s):  
Maria Cristina Arcuri ◽  
Lorenzo Gai ◽  
Federica Ielasi

Public credit guarantee schemes are set up with the purpose of facilitating access to credit by Small and Medium-sized Enterprises (SMEs). The aim of the paper is to study the effectiveness and impacts of the Italian Central Guarantee Fund (CGF)’s activity, one of the main public guarantee schemes in Europe. This is even more important in the light of the 2018 CGF reform. Analyzing a sample which includes all the guarantees issued by the CGF from 2012 to 2018 on loans made to manufacturing companies, we find that the CGF methodology is partially able to capture the variables affecting the probability of default of SMEs. The CGF scores before the reform show poor capability to forecast risk in the medium term, above all for micro and small enterprises. The post-reform model shows better forecasting ability and a greater consistency with the Z’’-score, one of the most recognized model in the distress prediction literature. The new CGF model may indirectly control the behaviour of lenders and first-level guarantors. In particular, our findings show that the probability of default on exposures covered by a mutual guarantee institution and counter-guaranteed by the CGF is lower than the probability of default of loans granted by a bank and directly guaranteed by the CGF. As a consequence, the direct guarantees need to be more monitored by the CGF and potential effects on the bank behaviour may derive, strengthening ECB’s supervision activities.


2018 ◽  
Vol 6 (1) ◽  
pp. 1-20
Author(s):  
Renfei Luo ◽  
Jiedan Huang ◽  
Jimmy Lee ◽  
Philip Pun

Abstract How to manage inventory is becoming an increasingly crucial issue for most manufacturing companies. R&D, the pseudonymous case study considered here, is a foreign direct investment (FDI) company engaged in producing electronic components. As the prices of raw materials and operation costs increased, R&D was challenged to maintain a smooth relationship among several factors: level of inventory, customer satisfaction and production efficiency. This paper first discusses the key factors that affect R&D’s inventory level. It then combines recent supply chain management theories and quantitative data into a framework for identifying how R&D might determine optimal ordering policies and strategies to reduce overall costs, while at the same time satisfying customers in terms of service.


Author(s):  
Abe Yadergal ◽  
Atinkut Lingerew ◽  
Ambaw Getenet

Micro and small enterprises are means for most countries economy by creating employment opportunity and supporting large manufacturing companies in the economy. The results of most research studies revealed that most micro and small enterprises in developing countries especially in Ethiopia have several problems for transformation and growth due to diverse factors. Thus, this research assesses determinants of micro and small enterprises transformation in to medium level industry in Addis Ababa. 74 transformed micro and small enterprises in 10 sub cities were taken as sample size. The objective of this study was to identify causes of micro and small enterprises transformation in to medium level industry in Addis Ababa, Ethiopia. The study employed explanatory research design more of quantitative in nature and Data were collected pre designed person assisted questionnaire. The study was used micro and small enterprises transformation measured by the enterprises employment growth and capital growth as dependent variables. Independent variables are Finance access, Management know-how, Market access for their product, Poor infrastructure, Technology, Support micro and small enterprises get, Adequate accounting and record keeping and government rules and regulations. The results provided evidence with correlation coefficients of finance (37.7%), management know-how (27.6%), market access (32.9%), infrastructure (15.2%), technology (40.3%) and accounting and recordkeeping (28.1%) in respect to average capital growth. This indicated that relatively there were strong association of finance access, market access and technology with average capital growth in contrast with management know-how, infrastructure, and accounting and record keeping.


2019 ◽  
Vol 9 (1) ◽  
pp. 53-66 ◽  
Author(s):  
Dandan Irawan

Basically a natural partnership will achieve its goal if mutual requirements, mutual reinforcement, and mutual benefit can be maintained and made a strong fundamental commitment among partners. Nevertheless the development seems very slow. The cause is the presence of specific and different conditions and structure factors compared to other countries. Along with that, we still encounter various forms of gaps, such as inequality among regions, among income groups, between sectors, among economic actors, and so forth. The next problem is that in business entities including cooperatives and micro and small enterprises in running their business activities requires business partnerships with medium and large enterprises in order to improve business performance and business scale. While on the other hand our economic conditions and structures are not yet fully conducive to fostering partnerships based on purely business considerations or competitive market motivations but the business partnership of the foundation is strong enough in our country's constitution. Partnerships will work if partners are equally benefiting. Our concept of partnership is like that, although in the short term, there is a party or a party benefiting more from the other side.


Sign in / Sign up

Export Citation Format

Share Document