| dc.creator |
Lieberman, Marvin B. |
|
| dc.creator |
Demeester, Lieven |
|
| dc.date |
2002-09-10T19:04:18Z |
|
| dc.date |
2002-09-10T19:04:18Z |
|
| dc.date |
2002-09-10T19:04:18Z |
|
| dc.date.accessioned |
2013-05-31T19:09:42Z |
|
| dc.date.available |
2013-05-31T19:09:42Z |
|
| dc.date.issued |
2013-06-01 |
|
| dc.identifier |
http://hdl.handle.net/1721.1/1643 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/jspui/handle/1721 |
|
| dc.description |
The literature on JIT production suggests a causal link between work-in-process
inventory and manufacturing productivity. Such a connection has been described in
numerous case studies but never tested statistically. This paper uses historical data for
52 Japanese automotive companies to evaluate the inventory-productivity relationship.
We find that inventory reductions stimulated gains in productivity, rather than vice versa.
On average, each 10% reduction in inventory led to about a 1% gain in labor productivity,
with a lag of about one year. Significant differences are found among company groups:
Toyota affiliates had a shorter lag; while Nissan affiliates demonstrated no productivity
effect. Firms that made inventory reductions typically saw an increase in their
productivity rank. |
|
| dc.format |
45598 bytes |
|
| dc.format |
application/pdf |
|
| dc.language |
en_US |
|
| dc.subject |
Inventory |
|
| dc.subject |
Productivity |
|
| dc.subject |
Just-In-Time Manufacturing |
|
| dc.subject |
Auto Industry |
|
| dc.subject |
Japan |
|
| dc.subject |
Empirical Study |
|
| dc.title |
Inventory Reduction and Productivity Growth: Evidence from the Japanese Automotive Sector |
|