Understanding of Business Performance from the Perspective of Manufacturing Strategies; Fit Manufacturing and Overall Equipment Effectiveness

Abstract

Globalization and technological changes are now creating challenges for manufacturing companies. The latest technological developments in the manufacturing industry have forced companies to change from traditional manufacturing systems to advanced manufacturing technology systems. These changes have led manufacturing companies to adapt Fit Manufacturing strategies in order to enhance their Business Performance. Similarly, the Overall Equipment Effectiveness has become a major concern for modern manufacturing technology systems. However, limited empirical knowledge is available to confirm the effect of these strategies on Business Performance. To fill this gap, this study aims to assess the relationship between Fit Manufacturing (Lean Manufacturing, Agile Manufacturing and Sustainability) and Business Performance through the mediation of Overall Equipment Effectiveness.

Keywords: Fit Manufacturing, Agile Manufacturing, Lean Manufacturing, Sustainability, Overall Equipment Effectiveness and Business Performance