Effects of Advanced Manufacturing Technologies on Manufacturing Company Performance

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PRESTER, Jasna ;BUCHMEISTER, Borut ;PALČIČ, Iztok .
Effects of Advanced Manufacturing Technologies on Manufacturing Company Performance. 
Strojniški vestnik - Journal of Mechanical Engineering, [S.l.], v. 64, n.12, p. 763-771, november 2018. 
ISSN 0039-2480.
Available at: <https://www.sv-jme.eu/article/effects-of-advanced-manufacturing-technologies-on-manufacturing-company-performance/>. Date accessed: 03 dec. 2020. 
doi:http://dx.doi.org/10.5545/sv-jme.2018.5476.
Prester, J., Buchmeister, B., & Palčič, I.
(2018).
Effects of Advanced Manufacturing Technologies on Manufacturing Company Performance.
Strojniški vestnik - Journal of Mechanical Engineering, 64(12), 763-771.
doi:http://dx.doi.org/10.5545/sv-jme.2018.5476
@article{sv-jmesv-jme.2018.5476,
	author = {Jasna  Prester and Borut  Buchmeister and Iztok  Palčič},
	title = {Effects of Advanced Manufacturing Technologies on Manufacturing Company Performance},
	journal = {Strojniški vestnik - Journal of Mechanical Engineering},
	volume = {64},
	number = {12},
	year = {2018},
	keywords = {advanced manufacturing technology, manufacturing company, operations performance, contingency theory, European manufacturing survey},
	abstract = {Literature findings on the effects of Advanced Manufacturing Technology (AMT) on company performance measures is currently inconclusive. There is also a lack of recent research on this issue from a contingency perspective. It is also a fact that the majority of research is conducted in developed countries. This research is based on the contingency theory perspective, and it attempts to add value to the observed literature gaps by exploring two less developed countries Slovenia and Croatia. Using survey data from 138 manufacturing companies from Croatia and Slovenia, we tested the effects of twenty technologies on different performance measures through five OLS regression analyses. Contingency factors in terms of company size, batch size, product complexity, included as control variables in analyses, proved insignificant for technologies` use and their effect on profits before tax, decrease in the scrap rate, material and staff costs. On the other hand, AMT has impact on material consumption, scrap rate and profits, but not in a positive hypothesised relationship.},
	issn = {0039-2480},	pages = {763-771},	doi = {10.5545/sv-jme.2018.5476},
	url = {https://www.sv-jme.eu/article/effects-of-advanced-manufacturing-technologies-on-manufacturing-company-performance/}
}
Prester, J.,Buchmeister, B.,Palčič, I.
2018 November 64. Effects of Advanced Manufacturing Technologies on Manufacturing Company Performance. Strojniški vestnik - Journal of Mechanical Engineering. [Online] 64:12
%A Prester, Jasna 
%A Buchmeister, Borut 
%A Palčič, Iztok 
%D 2018
%T Effects of Advanced Manufacturing Technologies on Manufacturing Company Performance
%B 2018
%9 advanced manufacturing technology, manufacturing company, operations performance, contingency theory, European manufacturing survey
%! Effects of Advanced Manufacturing Technologies on Manufacturing Company Performance
%K advanced manufacturing technology, manufacturing company, operations performance, contingency theory, European manufacturing survey
%X Literature findings on the effects of Advanced Manufacturing Technology (AMT) on company performance measures is currently inconclusive. There is also a lack of recent research on this issue from a contingency perspective. It is also a fact that the majority of research is conducted in developed countries. This research is based on the contingency theory perspective, and it attempts to add value to the observed literature gaps by exploring two less developed countries Slovenia and Croatia. Using survey data from 138 manufacturing companies from Croatia and Slovenia, we tested the effects of twenty technologies on different performance measures through five OLS regression analyses. Contingency factors in terms of company size, batch size, product complexity, included as control variables in analyses, proved insignificant for technologies` use and their effect on profits before tax, decrease in the scrap rate, material and staff costs. On the other hand, AMT has impact on material consumption, scrap rate and profits, but not in a positive hypothesised relationship.
%U https://www.sv-jme.eu/article/effects-of-advanced-manufacturing-technologies-on-manufacturing-company-performance/
%0 Journal Article
%R 10.5545/sv-jme.2018.5476
%& 763
%P 9
%J Strojniški vestnik - Journal of Mechanical Engineering
%V 64
%N 12
%@ 0039-2480
%8 2018-11-16
%7 2018-11-16
Prester, Jasna, Borut  Buchmeister, & Iztok  Palčič.
"Effects of Advanced Manufacturing Technologies on Manufacturing Company Performance." Strojniški vestnik - Journal of Mechanical Engineering [Online], 64.12 (2018): 763-771. Web.  03 Dec. 2020
TY  - JOUR
AU  - Prester, Jasna 
AU  - Buchmeister, Borut 
AU  - Palčič, Iztok 
PY  - 2018
TI  - Effects of Advanced Manufacturing Technologies on Manufacturing Company Performance
JF  - Strojniški vestnik - Journal of Mechanical Engineering
DO  - 10.5545/sv-jme.2018.5476
KW  - advanced manufacturing technology, manufacturing company, operations performance, contingency theory, European manufacturing survey
N2  - Literature findings on the effects of Advanced Manufacturing Technology (AMT) on company performance measures is currently inconclusive. There is also a lack of recent research on this issue from a contingency perspective. It is also a fact that the majority of research is conducted in developed countries. This research is based on the contingency theory perspective, and it attempts to add value to the observed literature gaps by exploring two less developed countries Slovenia and Croatia. Using survey data from 138 manufacturing companies from Croatia and Slovenia, we tested the effects of twenty technologies on different performance measures through five OLS regression analyses. Contingency factors in terms of company size, batch size, product complexity, included as control variables in analyses, proved insignificant for technologies` use and their effect on profits before tax, decrease in the scrap rate, material and staff costs. On the other hand, AMT has impact on material consumption, scrap rate and profits, but not in a positive hypothesised relationship.
UR  - https://www.sv-jme.eu/article/effects-of-advanced-manufacturing-technologies-on-manufacturing-company-performance/
@article{{sv-jme}{sv-jme.2018.5476},
	author = {Prester, J., Buchmeister, B., Palčič, I.},
	title = {Effects of Advanced Manufacturing Technologies on Manufacturing Company Performance},
	journal = {Strojniški vestnik - Journal of Mechanical Engineering},
	volume = {64},
	number = {12},
	year = {2018},
	doi = {10.5545/sv-jme.2018.5476},
	url = {https://www.sv-jme.eu/article/effects-of-advanced-manufacturing-technologies-on-manufacturing-company-performance/}
}
TY  - JOUR
AU  - Prester, Jasna 
AU  - Buchmeister, Borut 
AU  - Palčič, Iztok 
PY  - 2018/11/16
TI  - Effects of Advanced Manufacturing Technologies on Manufacturing Company Performance
JF  - Strojniški vestnik - Journal of Mechanical Engineering; Vol 64, No 12 (2018): Strojniški vestnik - Journal of Mechanical Engineering
DO  - 10.5545/sv-jme.2018.5476
KW  - advanced manufacturing technology, manufacturing company, operations performance, contingency theory, European manufacturing survey
N2  - Literature findings on the effects of Advanced Manufacturing Technology (AMT) on company performance measures is currently inconclusive. There is also a lack of recent research on this issue from a contingency perspective. It is also a fact that the majority of research is conducted in developed countries. This research is based on the contingency theory perspective, and it attempts to add value to the observed literature gaps by exploring two less developed countries Slovenia and Croatia. Using survey data from 138 manufacturing companies from Croatia and Slovenia, we tested the effects of twenty technologies on different performance measures through five OLS regression analyses. Contingency factors in terms of company size, batch size, product complexity, included as control variables in analyses, proved insignificant for technologies` use and their effect on profits before tax, decrease in the scrap rate, material and staff costs. On the other hand, AMT has impact on material consumption, scrap rate and profits, but not in a positive hypothesised relationship.
UR  - https://www.sv-jme.eu/article/effects-of-advanced-manufacturing-technologies-on-manufacturing-company-performance/
Prester, Jasna, Buchmeister, Borut, AND Palčič, Iztok.
"Effects of Advanced Manufacturing Technologies on Manufacturing Company Performance" Strojniški vestnik - Journal of Mechanical Engineering [Online], Volume 64 Number 12 (16 November 2018)

Authors

Affiliations

  • University of Zagreb, Faculty of Economics and Business, Croatia 1
  • University of Maribor, Faculty of Mechanical Engineering, Slovenia 2

Paper's information

Strojniški vestnik - Journal of Mechanical Engineering 64(2018)12, 763-771

https://doi.org/10.5545/sv-jme.2018.5476

Literature findings on the effects of Advanced Manufacturing Technology (AMT) on company performance measures is currently inconclusive. There is also a lack of recent research on this issue from a contingency perspective. It is also a fact that the majority of research is conducted in developed countries. This research is based on the contingency theory perspective, and it attempts to add value to the observed literature gaps by exploring two less developed countries Slovenia and Croatia. Using survey data from 138 manufacturing companies from Croatia and Slovenia, we tested the effects of twenty technologies on different performance measures through five OLS regression analyses. Contingency factors in terms of company size, batch size, product complexity, included as control variables in analyses, proved insignificant for technologies` use and their effect on profits before tax, decrease in the scrap rate, material and staff costs. On the other hand, AMT has impact on material consumption, scrap rate and profits, but not in a positive hypothesised relationship.

advanced manufacturing technology, manufacturing company, operations performance, contingency theory, European manufacturing survey