Open AccessLean Manufacturing Approach and Operational Efficiency of Nigerian Pharmaceutical Companies in Anambra State
Author(s) -
Chizoba Bonaventure Okolocha,
Chika Clara Anugwu
Publication year - 2022
Publication title -
saudi journal of business and management studies
Language(s) - English
Resource type - Journals
eISSN - 2415-6671
pISSN - 2415-6663
DOI - 10.36348/sjbms.2022.v07i03.003
Subject(s) - business , lean manufacturing , pharmaceutical manufacturing , test (biology) , descriptive statistics , marketing , medicine , mathematics , paleontology , statistics , pharmacology , biology
This study validates the relevance of Lean strategy in Nigerian pharmaceutical companies in Anambra State. Specifically, the study ascertained the effect of lean manufacturing approach on efficiency of pharmaceutical companies in Anambra State and determine the effect of lean manufacturing approach on competitiveness of pharmaceutical companies in Anambra State. The study adapted a descriptive survey research design since the study is to distribute questionnaires to the respondents. The population of the study consists of 80 staff of 6 selected pharmaceutical companies in Anambra State. Data were collected through the questionnaires administered to respondents. T-test statistical tool was used to test the two hypotheses with the aid of SPSS version 20. 0 at 5% level of significance. The study revealed that lean manufacturing approach has effect on operational efficiency of Pharmaceutical Companies in Anambra State. Findings of the study provided support that lean contributed in integrated value chain supply and competitiveness in manufacturing companies. Therefore, the study concluded that lean manufacturing approach has effect on efficiency and competitiveness of pharmaceutical companies in Anambra State. Based on the findings, the study recommended that manufacturing companies should strive to adopt lean thinking approaches, principles and practices so as to reduce inherent variations with suppliers and demand from customers for greater effectiveness of the company.