Fuzzy based association between China’s service industry and downstream manufacturing industry with liberalization effects

2021 ◽  
Vol 40 (4) ◽  
pp. 8463-8476
Author(s):  
Ling Yang ◽  
Linyue Li
Keyword(s):  
Manufacturing Industry ◽  
Service Industry ◽  
Firm Heterogeneity ◽  
Manufacturing Sector ◽  
Positive Association ◽  
Manufacturing Firms ◽  
Performance Criteria ◽  
Manufacturing Companies ◽  
Manufacturing Productivity ◽  
The Impact

In this work, we study the impact of China’s services sector liberalization reform on the country’s manufacturing sector. In this paper we propose Fuzzy based association between service industry and Manufacturing Industry with performance evaluation of Manufacturing Industry based on different performance criteria. The results analysis of proposed work suggest that there is: a extremely important and constructive relationship between the existence of reserved services suppliers and the efficiency of downstream manufacturing companies; a constructive (yet unsteady) relationship between the existence of overseas services suppliers and manufacturing efficiency; and a important and adverse relationship between the extent of state-owned services providers and manufacturing productivity. Curiously, our results also suggest that given the unstable association between the presence of foreign services providers and manufacturing performance, overall imported services (including foreign services providers operating in China) have a highly significant and positive association with manufacturing productivity. In addition, taking into account firm heterogeneity, such as AI (artificial intelligence), our results suggest that there is no difference in the above effects of China’s services sector’s liberalization between those manufacturing firms that engage in importing and exporting and the manufacturing firms that do not.

Differences in the impact of AMO bundles of line managers and frontline workers on the performance of manufacturing firms

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Alberto Bayo-Moriones ◽  
Alejandro Bello-Pindado
Keyword(s):  
Manufacturing Industry ◽  
Manufacturing Firms ◽  
Manufacturing Companies ◽  
Linear Regression Models ◽  
Line Managers ◽  
Content Type ◽  
Frontline Workers ◽  
Hrm Practices ◽  
Manufacturing Performance ◽  
The Impact

PurposeThe purpose of this paper is to analyse the impact on manufacturing performance of human resource management (HRM) practices across two job levels within manufacturing firms in Argentina and Uruguay: that of line managers and frontline workers. HRM practices are categorised into three bundles defined by the AMO theoretical framework: ability, motivation and opportunity.Design/methodology/approachThe article uses data from a survey to 301 manufacturing plants in Uruguay and Argentina. Given the characteristics of the dependent variable, linear regression models have been estimated in order to test the hypotheses.FindingsThe results show that the ability and opportunity bundles for line managers are positively associated with manufacturing performance. However, only the motivation bundle affects manufacturing performance for frontline workers.Research limitations/implicationsThe main limitations are the use of cross-sectional data, the focus on two specific countries and the analysis of two employee categories that are not completely homogenous. The paper extends the contingency perspective in HRM by examining the relevance of job level as a contingent factor in the HRM-performance relationship in the manufacturing industry.Practical implicationsThe results suggest that manufacturing companies should target HR investments more towards line managers than to frontline employees. More specifically, they should concentrate efforts on the ability and opportunity bundles.Originality/valueThe article contributes to the very limited empirical evidence on the impact of HRM differentiation on firm performance by analysing sub-dimensions in a context not previously analysed.

scholarly journals The impact of gainsharing in the automotive parts manufacturing industry of South Africa

2018 ◽  
Vol 21 (1) ◽  
Author(s):  
Robert W.D. Zondo
Keyword(s):  
South Africa ◽  
Capital Investment ◽  
Manufacturing Industry ◽  
Manufacturing Sector ◽  
Labour Productivity ◽  
Manufacturing Companies ◽  
High Productivity ◽  
Automotive Parts ◽  
Parts Manufacturing ◽  
The Impact

The majority of South Africans expect greater prosperity that can be accomplished through greater employment, high productivity and wage increases. Increased productivity can finance higher wages without burdening the customer with higher selling prices. Consequently, there should be strong co-operation between management and labour to improve productivity, thereby ensuring the survival of South African companies. To achieve this objective, organisations find themselves turning to their employees for creative suggestions and ideas on better ways of doing things. This sentiment underpins the concept of gainsharing. Gainsharing is a formula-based company-wide programme that offers employees a share in the financial gains of a company as a result of its improved performance. This motivation boosts a company’s productivity and radically reduces the cost of waste, spoilage, rejects and rework. This study examined the impact of a gainsharing programme on the improvement of labour productivity in the automotive parts manufacturing sector. The study investigated the production and related experience of two automotive parts manufacturing companies (referred to as A and B in this study) that have adopted a gainsharing strategy. The two companies operate in the eThekwini District Municipality in KwaZulu-Natal. It assessed if gainsharing is responsible for company labour productivity improvements. The investigation was achieved by collecting pre- and post-gainsharing quarterly data for spoilage, absenteeism, capital investment and labour productivity. Gainsharing improves labour productivity and reduces spoilage and absenteeism rates. In order to maximise performance, a comprehensive performance policy must be developed, which aligns pay (and other incentives) to performance. The study uncovered the strengths and weaknesses of gainsharing for labour productivity improvement in South Africa.

A Study on Impact of Employee Engagement on Organization Performance with Reference to Manufacturing Industry under Study at Hyderabad District, Telangana State.

2019 ◽  
Vol 118 (9) ◽  
pp. 193-200
Author(s):  
Dr. Pothuraju Vijaya Lakshmi ◽  
K. Swapna
Keyword(s):  
Employee Engagement ◽  
Manufacturing Industry ◽  
Service Industry ◽  
Manufacturing Sector ◽  
Weighted Average ◽  
Organization Performance ◽  
Human Relations ◽  
Spss Software ◽  
Engagement Factors ◽  
The Impact

This study was aimed at determining the impact of employee engagement on Organization Performance at work among employees of selected manufacturing units of Hyderabad. Employee engagement is about building a commitment among workforce. People are the most important and valuable asset of every organization. Organization should prefer to maximize involvement through maximizing their human relations. Research variables analyzed under study are Employee Engagement Factors, Satisfaction Levels and Culture diversity and organization performance at work as a dependent variable.  To collect required data, structured and reliable questionnaires were used which had been used in the previous studies. Then, questionnaires were implemented by Pilot-Study method and correlation coefficient obtained. The study focused on employee dimension which strengthens the concept of employee engagement in service industry. This paper is trying to throw the light of the various determinants focus on employee engagement in manufacturing sector with special reference to Hyderabad, Telangana. By utilization of simple percentage, weighted average and ANOVA statistical techniques using SPSS software have been used for data analysis. The results of hypotheses tests which calculated in confidence level 95% indicated that all research hypotheses were confirmed.

scholarly journals THE IMPACT OF INDUSTRY REVOLUTION 4.0 TOWARDS THE READINESS OF EMPLOYEE IN MANUFACTURING SECTOR IN JOHOR BAHRU, MALAYSIA

2021 ◽  
Vol 6 (24) ◽  
pp. 27-33
Author(s):  
Mohd Khairulnizam Zahari ◽  
Wan Norsyafawati W. Muhamad Radzi
Keyword(s):  
Manufacturing Industry ◽  
Manufacturing Sector ◽  
Employee Performance ◽  
Manufacturing Industries ◽  
Manufacturing Companies ◽  
Performance Effect ◽  
Technology Changes ◽  
Manufacturing Growth ◽  
The Impact ◽  
The Relationship

Industry Revolution 4.0 is an important upcoming concept for our current manufacturing industry. Industry Revolution 4.0 (IR4.0) can change the manufacturing industry to the next level and also enhance the image of the country. The purpose of this research is to study the readiness of the employees towards the implementation of IR4.0 in manufacturing industries in Johor Bahru, Malaysia. The objective of the research is how the technology, changes in consumers’ behaviour and environment, and employee performance effect the readiness of employees in the manufacturing sector to implement IR4.0. The current problems are facing by Malaysia are the dependability of foreign labours for production in manufacturing industries and Malaysian manufacturing growth still stuck in Industry 2.0. This research is a quantitative method and used questionnaires to collect data. Total 333 questionnaires were distributed to manufacturing companies in Johor Bahru. Based on the regression analysis result, the relationship between the changes in consumers’ behaviour and environment and employee performance is compatible with the readiness of employees in implementing IR4.0. However, the relationship between technology and the dependent variable was less compatible. Therefore, our country should enhance the usage and level of technology to implement IR4.0 to enhance the readiness of employees in the manufacturing industry.

The impact of applying the Common Customs Tariff on the armenian export of Cut and Polished Gems to Russia

2019 ◽  
pp. 33-41
Author(s):  
V. L. Harutyunyan ◽  
S. V. Dokholyan ◽  
A. R. Makaryan
Keyword(s):  
Manufacturing Sector ◽  
Practical Implication ◽  
Dominant Role ◽  
New Technology ◽  
Manufacturing Companies ◽  
Medium Term ◽  
Diamond Cutting ◽  
Global Trends ◽  
The Common ◽  
The Impact

The presented study discusses the issues of applying the Common Customs Tariff (CCT) rates of the Eurasian Economic Union (EAEU) on rough diamonds and the impact thereof on the exports of stones cut and polished inArmeniaand then exported toRussia.Aim. The study aims to identify the possible strategies Armenian diamond cutting and polishing companies could adopt as a response to the application of the CCT rates on rough diamonds and how it would affect exports to various destinations, namely to Russia.Tasks. The authors analyze the current state of the gems and jewelry sector and substantiate the need to either integrate it into the jewelry manufacturing sector or to apply various strategies to facilitate exports to either Russia or other destinations in the medium term in response to the application of the CCT rates.Methods. This study uses general scientific methods of cognition, including analytical and methodological approaches and elements of forecasting. Possible strategies the Armenian diamond cutting and polishing companies could adopt in the medium term in response to the application of the EAEU CCT rates are determined using the analytical research method, forecasts in the context of the developments in the Armenian gem processing and jewelry market and global trends, statistical data on the imports and exports of cut and polished gems and jewelry for 2014–2018 published by the UN Comtrade Statistics.Results. Statistics on the exports of processed diamonds from 2014 to 2018 highlights the issue associated with the loss of competitiveness suffered by Armenian companies (mainly in comparison with Indian diamond cutters). The major global trends in the diamond cutting and polishing business indicate that it could be virtually impossible for Armenian cutters and polishers to compete with Indian companies in the medium term if they do not comes to investing in new technology to achieve operational efficiency. For these companies, it is important not to lose the Russian market due to an increase in the tariff rate and concentrate on the processing of gems that are larger than 1 carat. Another strategy to avoid an increase in the customs tariff rates would depend on the Armenian government’s ability to negotiate with Russia in respect of direct imports of diamond stones from Russian manufactures. Two other options for Armenian cutters involve focusing on cutting and polishing of rubies, sapphires, emeralds, etc. or integrating into the jewelry sector either by being the primary supplier or by considering this business as a channel to sell processed diamond stones by setting up their own jewelry manufacturing companies.Conclusions. With CCT going into effect in January 2021 and India’s dominant role in the diamond cutting and polishing business, Armenia needs to carefully consider all of the strategies the Armenian companies could adopt, as discussed above. As a member state of the EAEU, Armenia freely exports to Russia, however, further exports to Russia would depend on Armenia’s ability to ensure that cost-effective operations are in place, or to concentrate on the processing of precious gems rather than diamonds, or to switch to the manufacturing of jewelry items as a major export item.Practical Implication. The findings of this study could be of interest to the Ministry of Economy of the Republic of Armenia and Business Armenia that could be used in elaborating the strategy for the development of Armenian gems and jewelry sector of the economy.

scholarly journals The Role of Internal Control in Firms’ Coping with the Impact of the COVID-19 Pandemic: Evidence from China

2021 ◽  
Vol 13 (11) ◽  
pp. 6294
Author(s):  
Peiqing Zhu ◽  
Jianbo Song
Keyword(s):  
Internal Control ◽  
Manufacturing Industry ◽  
Firm Heterogeneity ◽  
Negative Impact ◽  
Risk Prevention ◽  
High Tech ◽  
Obvious Effect ◽  
The Difference ◽  
The Impact

Internal control plays a role in risk prevention for firms when dealing with serious emergencies, which ensures the sustainable development of firms during a crisis. Based on the rapid outbreak of COVID-19 in China, this paper empirically tests whether internal control alleviates the negative impact of the pandemic on firm performance. Using a sample of Chinese listed firms from the first quarter of 2019 to the third quarter of 2020 and employing the difference-in-difference (DID) method, we find that the firms with a higher quality of internal control achieve better financial performance during the pandemic period; the more serious the pandemic is, the more obvious effect internal control plays. Furthermore, we consider the industry heterogeneity and firm heterogeneity of the risk resistance effect of internal control. In the manufacturing industry, which is a “disaster zone” of the pandemic, and the non-high-tech industry with a low degree of digitization, internal control can play a more important role in firms’ performance. Moreover, for state-owned enterprises, and firms with strong financing constraints, the role of internal control is more prominent. The above results provide empirical evidence for the risk prevention function of internal control and shed new light on the measures for firms to resist emergencies in the future.

Supply chain integration and firm performance: an empirical study of Swedish manufacturing firms

2014 ◽  
Vol 24 (1) ◽  
pp. 20-31 ◽  
Author(s):  
Hooshang M. Beheshti ◽  
Pejvak Oghazi ◽  
Rana Mostaghel ◽  
Magnus Hultman
Keyword(s):  
Supply Chain ◽  
Financial Performance ◽  
Well Being ◽  
Survey Instrument ◽  
Global Market ◽  
Manufacturing Firms ◽  
Supply Chain Integration ◽  
Manufacturing Companies ◽  
Content Type ◽  
The Impact

Purpose – This article aims to explore the impact of supply chain integration on the financial performance of Swedish manufacturing firms. Design/methodology/approach – The literature review provided the foundation for the development of the survey instrument and hypotheses for the study. In addition, the survey instrument was tested by the experts in the field and modified before it was sent to the managers in the survey group. Findings – The findings show that supply chain integration at any level is beneficial to the financial well being of the firm. Companies with total supply chain integration reported the highest level of financial performance. Research limitations/implications – Data were collected from Swedish manufacturing firms without regard to the size of the firm. The results show that supply chain integration is beneficial at any level. Practical implications – The findings will assist managers with decisions regarding supply chain integration and its role as a critical factor in improving the financial performance of manufacturing companies. Originality/value – Limited empirical studies have been conducted in this area, especially in Sweden. This study provides insight for manufacturing managers with regard to the importance of supply chain management and the competitive nature of business in the global market.

scholarly journals Managing Manufacturing Complexity Drivers on Performance – An Initial Study

2018 ◽  
Vol 2 (1) ◽  
pp. 45-50
Author(s):  
Keyword(s):  
Strong Correlation ◽  
Manufacturing Systems ◽  
Manufacturing Industry ◽  
Initial Study ◽  
Efficient Production ◽  
Product Management ◽  
Nonlinear Behaviour ◽  
Manufacturing Companies ◽  
Manufacturing Performance ◽  
Manufacturing Productivity

Manufacturing systems, in pursuit of cost, time and flexibility optimisation are becoming more and more complex, exhibiting a dynamic and nonlinear behaviour. Unpredictability is a distinct characteristic of such behaviour and effects production planning significantly. Complexity continues to be a challenge in manufacturing systems, resulting in ever-inflating costs, operational issues and increased lead times to product realisation. This challenge must be met with appropriate decision-making by manufacturing companies to secure competitive advantage without compromising sustainability. Assessing complexity realises the reduction and management of complexity sources which contribute to lowering associated engineering costs and time, improves productivity and increases profitability. Therefore, this study was undertaken to investigate the priority level and current achievement of manufacturing performance in Malaysia’s manufacturing industry and the complexity drivers on manufacturing productivity performance. The results showed that Malaysia’s manufacturing industry prioritised product quality and they managed achieved a good on-time delivery performance. However, for other manufacturing performance, there was a difference where the current achievement of manufacturing performances in Malaysia’s manufacturing industry is slightly lower than the priority given to them. The strong correlation of significant value for priority status was observed between efficient production levelling (finished goods) and finish product management while the strong correlation of significant value for current achievement was minimised the number of workstation and factory transportation system. This indicates that complexity drivers have an impact towards manufacturing performance. Consequently, it is necessary to identify complexity drivers to achieve well manufacturing performance.

scholarly journals THE IMPACT OF HUMAN RESOURCE MANAGEMENT PRACTICES ON ORGANIZATIONAL PERFORMANCE CASE STUDY: MANUFACTURING ENTERPRISES IN KOSOVO

2020 ◽  
Vol 21 (1) ◽  
pp. 222-229
Author(s):  
Arta Jashari ◽  
Enver Kutllovci
Keyword(s):  
Resource Management ◽  
Human Resource Management ◽  
Organizational Performance ◽  
Human Resource ◽  
Management Practices ◽  
Positive Association ◽  
Manufacturing Firms ◽  
Hrm Practices ◽  
Human Resource Management Practices ◽  
The Impact

The purpose of this study is to examine the impact of human resource management practices on organizational performance. In this study a total of 100 managers of manufacturing firms in Kosovo from public and private sectors have responded to the survey. The survey questionnaire had contained 39 items covering selected HRM practices and organizational performance. Our empirical results show that managers of manufacturing firms in Kosovo recognize the importance of employees in their organization and apply practices to manage them effectively. The outcome of correlation analysis provides evidence that HRM practices positively and significantly influence organizational performance. Recruitment and selection practices show the strongest positive association with organizational performance (rho = 0.905) compared to other practices. Regarding to our findings we suggest that with a good recruiting and selection, the organization will fill with a group of potentially qualified candidates. Also, companies should continuously train and develop and involve their employees as they are viewed as the most important resources source of competitive advantage.

scholarly journals The effect of duality/non-duality of CEO, board size, meeting, committee on domestic shareholdings: Empirical evidence from Sri Lanka

2014 ◽  
Vol 11 (4) ◽  
pp. 329-337
Author(s):  
Nadarajah Sivathaasan ◽  
Sivapalan Achchuthan
Keyword(s):  
Sri Lanka ◽  
Positive Relationship ◽  
Stock Exchange ◽  
Manufacturing Sector ◽  
Manufacturing Companies ◽  
Regression Analyses ◽  
Board Meeting ◽  
Board Size ◽  
The Impact ◽  
Test Correlation

This paper seeks to investigate the effect of duality/non-duality of CEO, board size, meeting, committee on domestic shareholdings of manufacturing companies listed on Colombo Stock Exchange over a three-year period from 2011 to 2013. The study employs the independent samples t-test, correlation and regression analyses to assess the relationships as well as the impact on domestic shareholdings using a sample of 32 quoted companies ( n =32). It is found that duality & non-duality of CEO structure do not differ in relation to domestic shareholdings that are inconsistent with the hypothesis formulated. Board size (+) and board meeting (+) have shown positive relationship and board committee (-) is negatively associated with domestic shareholdings. As per the empirical results, board committee and board size have significant (p < 0.05) impact on domestic share holdings and insignificant impact is observed by board meeting. The present study concentrates only on the manufacturing sector quoted on Colombo Stock Exchange. This paper has taken an effort to this area of research on emerging share holdings held by local individuals and institutions in Sri Lanka and the findings could be generalized to the companies similar to this category.

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