INFLUENCE OF LEAN SUPPLY CHAIN PRACTICES ON COMPETITIVE ADVANTAGE AND ORGANIZATIONAL PERFORMANCE OF SMES


Article PDF :

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Article type :

Original Article

Volume :

4

Issue :

11

Abstract :

Lean manufacturing is considered as the best manufacturing system in the 21St century. Though a variety of World Class Manufacturing Practices have been adopted by firms all over the world, Lean concepts have not lost their novelty as many of the new operation philosophies are either a variant or a derivative of it. This study aims at reviewing the lean practices of SMEs and their impact on competitive advantage and organizational performance. Data was collected from 52 SMEs in Kerala and statistical regression proves significant relationship between lean practices, competitive advantage and organizational performance.

Keyword :

— Lean practices, competitive advantage, organizational performance, small and medium enterprises, Supply chain practices
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