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Analyzing the Effect of 7 Waste Elimination for Increasing Company Profitability with Sem Pls Method Study Case in Manufacturing Turbine Component Company

Journal: International Journal of Mechanical and Production Engineering Research and Development (IJMPERD ) (Vol.10, No. 3)

Publication Date:

Authors : ; ;

Page : 5307-5316

Keywords : Lean; 7 Waste; SEM-PLS; Productivity & Profitability;

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An effective and efficient process is one of the goals to be achieved in each production process, so that the company can reduce a number of costs arising from ineffective processes. The Lean approach makes it possible to eliminate activities when the production process has no value added to the customer, known as 7 waste or seven types of waste so as to increase productivity which will ultimately increase company profit. By using a structural model SEM-PLS can analyze whether there is a significant relationship on the application of lean methods to company performance. The results of this study can provide priority improvements that must be made by the company in an effort to increase productivity and make an effective and efficient process so that the company's profitability performance will increase

Last modified: 2020-12-30 21:19:05