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Measurement of Impact of Selected Industrial Engineering Practices on Companies’ Economic Performance

Identifikátory výsledku

  • Kód výsledku v IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F18%3A63519096" target="_blank" >RIV/70883521:28120/18:63519096 - isvavai.cz</a>

  • Výsledek na webu

    <a href="http://www.inzeko.ktu.lt/index.php/EE/article/view/19871" target="_blank" >http://www.inzeko.ktu.lt/index.php/EE/article/view/19871</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.5755/j01.ee.29.2.19871" target="_blank" >10.5755/j01.ee.29.2.19871</a>

Alternativní jazyky

  • Jazyk výsledku

    angličtina

  • Název v původním jazyce

    Measurement of Impact of Selected Industrial Engineering Practices on Companies’ Economic Performance

  • Popis výsledku v původním jazyce

    Industrial engineering represents a significant tool how to eliminate waste in both manufacturing and other areas of the enterprise. This helps reduce costs, increase production capacities and other characteristics, which can lead to better competitiveness and production performance. Focusing on the implementation of methods that have a significant impact on these indicators should be part of the choice of industrial engineering methods at all. Finding industrial engineering methods that have significant impact on overall business performance is the main purpose of this paper. Another objective was to determine whether the impact of industrial engineering methods applies to all industries in the Czech Republic or whether it applies only to selected industries. The data needed to achieve the objectives was obtained through an online questionnaire survey, the survey focused on a wide range of manufacturing companies (N=235) from different industries, different sizes and ages in the Czech Republic. For comparing the overall business performance among individual respondents, a basic ROE indicator was selected. To measure this indicator from the impact of the tax, investment and credit policy, a modified ROE indicator (calculated first with EBITDA and then with EBIT) was used. The results show that the use of industrial engineering methods in manufacturing plants in the Czech Republic is limited to a few selected methods. Similarly, only a few industrial engineering methods are typically used in high performance firms and can therefore be said to be involved in increasing performance. Presented research also shows that this influence of methods does not apply to individual industrial engineering methods globally in all the sectors studied, but only in some of them.

  • Název v anglickém jazyce

    Measurement of Impact of Selected Industrial Engineering Practices on Companies’ Economic Performance

  • Popis výsledku anglicky

    Industrial engineering represents a significant tool how to eliminate waste in both manufacturing and other areas of the enterprise. This helps reduce costs, increase production capacities and other characteristics, which can lead to better competitiveness and production performance. Focusing on the implementation of methods that have a significant impact on these indicators should be part of the choice of industrial engineering methods at all. Finding industrial engineering methods that have significant impact on overall business performance is the main purpose of this paper. Another objective was to determine whether the impact of industrial engineering methods applies to all industries in the Czech Republic or whether it applies only to selected industries. The data needed to achieve the objectives was obtained through an online questionnaire survey, the survey focused on a wide range of manufacturing companies (N=235) from different industries, different sizes and ages in the Czech Republic. For comparing the overall business performance among individual respondents, a basic ROE indicator was selected. To measure this indicator from the impact of the tax, investment and credit policy, a modified ROE indicator (calculated first with EBITDA and then with EBIT) was used. The results show that the use of industrial engineering methods in manufacturing plants in the Czech Republic is limited to a few selected methods. Similarly, only a few industrial engineering methods are typically used in high performance firms and can therefore be said to be involved in increasing performance. Presented research also shows that this influence of methods does not apply to individual industrial engineering methods globally in all the sectors studied, but only in some of them.

Klasifikace

  • Druh

    J<sub>imp</sub> - Článek v periodiku v databázi Web of Science

  • CEP obor

  • OECD FORD obor

    50204 - Business and management

Návaznosti výsledku

  • Projekt

  • Návaznosti

    S - Specificky vyzkum na vysokych skolach<br>I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Ostatní

  • Rok uplatnění

    2018

  • Kód důvěrnosti údajů

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Údaje specifické pro druh výsledku

  • Název periodika

    Inzinerine Ekonomika-Engineering Economics

  • ISSN

    1392-2785

  • e-ISSN

  • Svazek periodika

    29

  • Číslo periodika v rámci svazku

    2

  • Stát vydavatele periodika

    LT - Litevská republika

  • Počet stran výsledku

    12

  • Strana od-do

    176-187

  • Kód UT WoS článku

    000431337900005

  • EID výsledku v databázi Scopus

    2-s2.0-85046807272