LEAN MANUFACTURING SYSTEM ADOPTION AND PROFITABILITY: NIGERIAN FOOD AND BEVERAGES FIRMS POSITION.
Journal Title: International Journal of Advanced Research (IJAR) - Year 2019, Vol 7, Issue 9
Abstract
The stiff global competition has forced some firms to re-strategize and adopt fitness properties to induce incremental changes as profitability becomes a paramount focus. The study assessed lean manufacturing system adoption ability to stimulate profitability, within Nigerian food and beverage sub-sector. Emphasis was placed on waste reduction, labour optimization and inventory control to firms? profit before tax. The comparative approach emerged from ex-post-facto design pillared on quantitative data from three top players in Nigeria, pre and post-implementation of the lean process. The study found lean manufacturing to have significantly affected the profitability in Nestle and Cadbury Plc, but observed no changes in Unilever. The study recommends that lean manufacturing system be adopted after the required internal re-engineering and sensitization have been carried out in the firms to forestall resistance and embracing of the benefits accruable from its adoption.
Authors and Affiliations
Ariguzo V. A. , Amos N. B. , Egwakhe A. J. and Adefulu A. D.
Keywords
Related Articles
- EP ID EP656846
- DOI 10.21474/IJAR01/9737
- Views 61
- Downloads 0
MULTITRAIT PGPRS AS POTENTIAL INOCULANTS FOR COTTON PLANT.
In soil, plant growth depends on many biotic and abiotic factors. The plant rhizosphere supports large and active microbial population because of root exudation. These naturally occurring root bacteria are beneficial for...
DIVERSITY AND USE OF ARTISANAL POTASH FROM AGRICULTURAL CO-PRODUCTS IN COTE D IVOIRE.
Agriculture occupies most of the Ivorian economy. Thus, huge quantities of agricultural co-products are released into the wild as waste. It is therefore important to value agricultural co-products. This study aims to con...
APPLICATION OF CNG-P, A NEWLY DEVELOPED SOFTWARE FOR THE ECONOMIC ANALYSIS OF THE USE OF CNG VEHICLES AS MEANS OF PUBLIC TRANSPORTATION IN NIGERIA.
Economic Analysis of the use of CNG Vehicles as means of Public Transportation in Nigeria using CNG-P, a Newly Developed Software is presented in this work. Port Harcourt ? Onitsha expressway is taken as case. This invol...
ARTIFICIAL INTELLIGENCE IN DENTISTRY: CURRENT CONCEPTS AND A PEEP INTO THE FUTURE.
The last decade has marked the evolution of artificial intelligence which has been ushered in with tremendous hype and enthusiasm and dentistry is no exception. The tremendous amount of patient data requires intelligent...
PHYTOCHEMICAL ANALYSIS OF LEPIDIUM SATIVUM USING UV-VIS AND GC-MS.
The present study was carried out to characterize the bioactive constituents present in seed and whole plant extracts of Lepidium sativum using UV-VIS and GC-MS. The crude extracts were scanned in the wavelength ranging...