Abstract
This chapter aimed to assess performance measurement related to lean manufacturing and net profit of small and medium enterprises (SMEs) in Thailand, by interviewing 100 SME entrepreneurs, particularly in the manufacturing sector, and analyzing data by applying factor analysis and multinomial logistic regression. The results found that performance measurement for SMEs in the manufacturing sector in Thailand agreed with most variables at a high level, except for product usage and service at a medium level. When considering each entrepreneur individually, they had medium net profit at 11–15 %. When comparing performance measurements related to lean manufacturing, it was found that factors affected a high net profit of 15 % and they should continually work on it in order to ensure product quality, process quality, waste, defects, suppliers, work-in-process, output, lead time, delivery lead time, and inventory.
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Acknowledgments
This study was supported by the Esaan Center for Business and Economic Research, Faculty of Management Science Research, Khon Kaen University, Thailand.
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Ruangchoengchum, P. (2015). Performance Measurements Related to Lean Manufacturing that Affect Net Profit of SMEs in the Manufacturing Sector of Thailand. In: Kachitvichyanukul, V., Sethanan, K., Golinska- Dawson, P. (eds) Toward Sustainable Operations of Supply Chain and Logistics Systems. EcoProduction. Springer, Cham. https://doi.org/10.1007/978-3-319-19006-8_15
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DOI: https://doi.org/10.1007/978-3-319-19006-8_15
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