Lean Manufacturing Implementation on Strategic Cost Management of Medical Devices Industrial

Abstract

This research aims to investigate (1) the factors affecting lean manufacturing implementation (2) impacts of lean manufacturing implementation on strategic cost management and (3) influences of strategic cost management on competitive advantage in medical devices industry. The data were collected with questionnaire. There were 429 samples selected who are executives of different companies. The data were analyzed with Multiple Regression Analysis. The findings revealed that manufacturing planning and control, new product development, process and equipment, workforce management, and supplier relationship factors have significant influences on lean manufacturing implementation. Besides, lean manufacturing implementation showed the positive influence on strategic cost management and further impact on competitive advantage of the companies.