Exploring the synergy of advanced manufacturing technology, competitive advantage, and organizational resources on performance: a study of large manufacturing companies in Kenya
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Abstract
Manufacturing companies invest in Advanced Manufacturing Technology (AMT) to improve their performance and positively contribute to GDP in their Countries. Studies have found that AMT, competitive advantage and organizational resources have a positive and significant relationship with manufacturing performance when considered as independent variables. This study investigated the joint effect of AMT, Competitive Advantage, and Organizational resources on performance of large manufacturing companies in Kenya. The study employed a descriptive cross-sectional survey. A total of 55 large manufacturing companies in Kenya that were members of Kenya Association of Manufacturers formed the population of the study. Multiple regression was used to analyze the collected data. Findings of the study show that AMT, competitive advantage, organizational resources have a very strong relationship to performance of large manufacturing companies in Kenya. Further, the study found that the joint effect of AMT, competitive advantage and organizational resources explained approximately 50% of performance in large manufacturing companies. The study concludes that there is a strong synergy between AMT, competitive advantage and organizational resources which leads to improved performance for manufacturing companies that identify strategic resources they own, adopt and implement AMT properly. The study recommends that manufacturing companies identify appropriate AMT that are in tandem with their manufacturing strategy. The results will particularly assist practitioners in identifying appropriate AMT and development of policy and manufacturing strategies in recognizing the effect of synergy between AMT, competitive advantage and organizational resources on performance in manufacturing companies
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Advanced Manufacturing Technology, Competitive Advantage, Large manufacturing companies , Organizational Performance