Toward a model to apprehend the complexity of manufacturing firm’s overall performance

Abstract

Recently, the company’s overall performance (OP) has become a major concern of our modern society, as a key factor that can potentially increase firm’s competitive advantage and ensure its sustainable development. However, OP is increasingly being considered as highly complex because of the complex interrelationships within industrial systems. This article presents a contribution to modeling of OP in order to apprehend its complexity and take into account the interactions between all its aspects. The proposed model is based on a combination of the value chain concept and System Modeling Language modeling. The main study established an OP indicators system to better present the firm sustainability behavior, and thus provide a comprehensive view that facilitates an in-depth understanding of its complexity. Besides, a case study from the dairy industry is presented to illustrate the model. This model can identify different activities’ interactions in the firm and understand interrelationships between OP dimensions and firm’s activities. Moreover, the proposed indicators system helps to define OP problems in the firm. Such knowledge enables managers to identify OP problems’ drivers, the related activities and set up the optimal solutions to improve the most critical activities whose performance affect the whole value chain.

Mediation of Inventory Management in the Relationship Between Knowledge and Firm Performance

“…While Achua (2011) found that public sector organizations are unwilling to adopt online systems due to a lack of competencies and knowledge that impedes organizational performance. Conversely, knowledge enhances the performance of a novice for a particular role or job (Guo & Zhang, 2022;Lamjahdi et al, 2020;Lueck & Peek, 2012;Steensma & Groeneveld, 2010). Naidoo and Wu (2011) researched 570 inventory control experts from New Zealand, Australia, the United States, and the United Kingdom and established that the designated staff could professionally plan and control the inventory effectively if knowledge had been imparted to them.…”

“…While Achua (2011) found that public sector organizations are unwilling to adopt online systems due to a lack of competencies and knowledge that impedes organizational performance. Conversely, knowledge enhances the performance of a novice for a particular role or job (Guo & Zhang, 2022; Lamjahdi et al, 2020; Lueck & Peek, 2012; Steensma & Groeneveld, 2010).…”

An Analysis of Barriers to the Implementation of an ISO Certified Quality Management System for National Meteorological and Hydrological Services in the Anglophone Caribbean

“…A QMS consists of several interrelated and interdependent processes and procedures, thus employee involvement and capacity building are crucial to its sustainability (Lamjahdi et al, 2020; WMO, 2017a). In the Malaysian local government organizations, this barrier was most impactful.…”

The contribution of cyber-physical production systems to activity-based costing in manufacturing. An interventionist research approach

“…35 More generally, SMEs lack access to technologies and have little knowledge about modern accounting techniques, limiting their growth on the worldwide market. 36 However, the economic instability related to the worldwide financial crisis has incentivised SMEs to change, focusing more on manufacturing processes 36 to improve their profitability 37 and reducing idle capacity , an expense impacting the bottom line through the ABC method. In this way, managers can make all efforts to reengineer manufacturing processes, using excess capacity to minimise production costs.…”