The Role of Lean Manufacturing Practices in Greener Production: A Way to Reach Sustainability
Lokpriya Gaikwad,
Vivek Sunnapwar
Issue:
Volume 5, Issue 1, March 2020
Pages:
1-5
Received:
7 January 2020
Accepted:
28 January 2020
Published:
13 February 2020
Abstract: Due to globalization and competitive market, sustainability has increasingly gained importance to the manufacturing industry and Lean approaches are becoming more and more outstanding in order to improve operational and competitive performance. In addition, currently, firms have become more conscious of the fact that it is no longer adequate to take care of economic aspects, being crucial to take care of social and environmental aspects to succeed in the current and future markets. Lean manufacturing provides quality products at minimum cost to satisfy the customer. Aims of Lean manufacturing are to identify and eliminate the production process wastages for quality improvement, cost reduction, on-time delivery, i.e. to make efficient production processes to face the highest competition level, so lean is the latest tool to achieve it. While the aim of the Greener production is an environmental improvement of production processes by adopting best practices and seeking to eliminate waste and waste generation manufacturing processes. This research investigates how the Lean and Green practices and tools are being used for improvements in social, economic and environmental performance that directly affect overall business performance. The findings show that, a strong synergy linkingbetween Lean and Green and that a lot of Lean practices and tools can positively contribute to environmental sustainability which will help for both academicians and practitioners to take the advantage of their synergistic effects for achieving sustainable development in the manufacturing industry.
Abstract: Due to globalization and competitive market, sustainability has increasingly gained importance to the manufacturing industry and Lean approaches are becoming more and more outstanding in order to improve operational and competitive performance. In addition, currently, firms have become more conscious of the fact that it is no longer adequate to tak...
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Determinants of Recent Economic Growth in Ethiopia
Bulo Feyisa,
Tadele Feyera
Issue:
Volume 5, Issue 1, March 2020
Pages:
6-13
Received:
31 January 2020
Accepted:
11 March 2020
Published:
28 April 2020
Abstract: This study tried to identify the major sources of recent economic growth in Ethiopia for the last thirty three years starting from the year 1980 up to 2013. The study has been under taken with the use of both econometric and descriptive analysis techniques and various diagnostic tests like stationary test (by using augmented dicky-fuller test), multicollinearity test by using vif test), heteroscedasticity test (by using Breusch-pagan test), omitted variable (by using ov-test) both in the lung-run and short-run effect of independent variables on dependent variable. In addition, tables, figures and graphs were used. The study employed time series data for both the dependent (RGDP) and independent variables. The explanatory variables including domestic investment, labor force growth, real effective exchange rate, remittance and corruption were investigated. The analysis is carried out through an extensive review of relevant literature and macroeconomic model of economic growth. The findings show that growth in Ethiopia is positively affected by domestic investment, labor force growth, and remittance. Therefore, the study recommended that increasing domestic investment through promoting public and private sectors, effective use of the growing labor force and proper use of remittance for capital formation and distribution over all sectors as the directions to achieve rapid and sustainable economic growth in Ethiopia.
Abstract: This study tried to identify the major sources of recent economic growth in Ethiopia for the last thirty three years starting from the year 1980 up to 2013. The study has been under taken with the use of both econometric and descriptive analysis techniques and various diagnostic tests like stationary test (by using augmented dicky-fuller test), mul...
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