Mediating Role of Cost Reduction on Agile, Lean, and Green Manufacturing to Performance of Pharmaceutical Industries in Thailand
Issued Date
2024-01-01
Resource Type
ISSN
17274915
eISSN
22217630
Scopus ID
2-s2.0-85207865174
Journal Title
Pakistan Journal of Life and Social Sciences
Volume
22
Issue
2
Start Page
5525
End Page
5534
Rights Holder(s)
SCOPUS
Bibliographic Citation
Pakistan Journal of Life and Social Sciences Vol.22 No.2 (2024) , 5525-5534
Suggested Citation
Kerdpitak C., Kerdpitak N., Pongpeng T. Mediating Role of Cost Reduction on Agile, Lean, and Green Manufacturing to Performance of Pharmaceutical Industries in Thailand. Pakistan Journal of Life and Social Sciences Vol.22 No.2 (2024) , 5525-5534. 5534. doi:10.57239/PJLSS-2024-22.2.00411 Retrieved from: https://repository.li.mahidol.ac.th/handle/20.500.14594/101941
Title
Mediating Role of Cost Reduction on Agile, Lean, and Green Manufacturing to Performance of Pharmaceutical Industries in Thailand
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Author's Affiliation
Corresponding Author(s)
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Abstract
The financial performance of an organization is very crucial for that organization and it depends on various factors. The types of manufacturing i.e. lean manufacturing, agile manufacturing and green manufacturing are very important to be considered. This study was conducted was to study the impact of three types of manufacturing i.e. lean manufacturing, agile manufacturing and green manufacturing on financial performance of the firm in the presence of mediating role of cost reduction. The data for this particular study has been collected from 313 employees of pharmaceutical companies in Thailand. The collected data was subjected to SPSS and AMOS and the results obtained indicated that the impact of all the independent variables i.e. lean manufacturing, agile manufacturing and green manufactiring on financial performance is found to be significant. On the other hand, the mediating impact of cost reduction has also been found as significant in all cases i.e. in the relationship between all independent variables i.e. lean manufacturing, agile manufacturing and green manufactiring and dependent variable, financial performance. In other words, all the hypotheses generated by the reseracher in the current study have been accepted. Various implications, limitations and future research indications have also been discussed by the author in the study.