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

Popescu Mihaela Cornelia ()
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Popescu Mihaela Cornelia: Bucharest University of Economic Studies, Bucharest, Romania Doctoral School of Business Administration

Proceedings of the International Conference on Business Excellence, 2020, vol. 14, issue 1, 159-169

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.

Keywords: lean practices; TQM; JIT; TMS; TPM; RFID; operational performance; financial performance; order management; shipping/delivery management; on-road management (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:vrs:poicbe:v:14:y:2020:i:1:p:159-169:n:16

DOI: 10.2478/picbe-2020-0016

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