ANALYSIS OF FACTORS INFLUENCING THE EFFICIENCY INDUSTRIAL TECHNOLOGY MANAGEMENT OF AUTOMOTIVE PARTS MANUFACTURING COMPANIES
DOI:
https://doi.org/10.14456/lsej.2022.37Keywords:
Efficiency, 5M1E factor, Automotive parts manufacturing businessAbstract
This research aims to 1) analyze influencing factors classified by OEM and REM manufacturers and 2) use weight analysis to confirm and prioritize the influencing factors. The results of the exploratory factor analysis, cumulative variance of 65.22%, component weights were 0.440–0.864. The extraction of the factors 6 aspects (5M1E): human resource management, ( = 3.82, S.D. = 0.76), raw material management ( = 3.85, S.D. = 0.63), ( = 3.82, S.D. = 0.76), process management ( = 3.79, S.D. = 0.65), machinery and equipment in operation ( = 3.77, S.D. = 0.68), performance evaluation ( = 3.82, S.D. = 0.66), and work environment ( =3.76, S.D. = 0.70) were at a high level. The model was harmonious with the empirical data Chi–Square = 768.620, df = 709.0, Sig. = 0.060 > 0.05 and CMIN/df. = 1.084 < 2.0. The index analysis was consistent and the statistical value, Comparative Fit Index (CFI) = 0.998 > 0.90, Goodness of Fit Index (GFI) = 0.944 > 0.90, Adjusted Goodness of Fit Index (AGFI) = 0.899 > 0.80, Root Mean Square Error of Approximation (RMSEA) = 0.013 < 0.05, Normed Fit Index (NFI) = 0.973 > 0.90, Incremental Fit Index (IFI) = 0.998 > 0.90, and Root Mean Square Residual (RMR) = 0.047 < 0.05.
References
Automotive Institute Ministry of Industry. Automotive industry master plan 2012 - 2016. 2012. Available
at: http://www.thaiauto.or.th/2012/th/research/. Accessed October 3, 2022.
Bollen KA. Structural equations with latent variables. New York: Wiley; 1989.
Diamantopoulos A, Siguaw JA. Introduction to LISREL: A guide for the uninitiated. London: SAGE Publications, Inc; 2000.
Foundation for Consmers. Title: "Consumer Foundation reveals 3 years (2013-2016) total of 239.complaints, many problems risk their lives". 2013. Available at: http://complaint@con sumerthai.org. Accessed December 12, 2020.
Egdair I, Lihniash S. Analysis of factors which impact on productivity of manufacturing companies. Business Management and Consumer Studies: An International Journal 2016;1(2):78-84.
Hair, Rachelle L, Haddock, Michael S. Quinnand. Multivariate data analysis, with readings. USA: Prentice Hall International, INC.; 1998.
Kaiyawan Y. Practice and monitoring and evaluation of quality control and inspection guidelines. Auto parts products contract manufacturing companies and deliver them to automobile companies. Direct Phetchaburi: Faculty of Industrial Technology Phetchaburi Rajabhat University; 2010.
Kaiyawan Y. Analysis of the structural equation model with AMOS. Chulalongkorn Publishing University; 2013.
Krejcie RV, Morgan EW. Education and psychological measurement. Minisota University U.S.A.; 1970; 608-609.
Ministry of Commerce. Data as of Jan.-June 2021, did you know that in the first half of 2021, “what Thailand exports the most” from Thai E-finance news agency, July 30, 2021.
Ministry of Industry. Strategy for the development of Thai Industry 4.0 for 20 years (2017 - 2036). Bangkok; 2016.
Office of the Permanent Secretary. Ministry of Industry. Strategic Plan, Ministry of Industry 2017-2021. Bangkok: Industry Ministry of Industry; 2016.
Schumacker RE, Lomax RG. A beginner’s guide to structural equation modeling (3rd). New Jersey: Lawrence Erlbaum Associates; 2010.
Srisaat B. Statistical Methods for Research, Volume 1 (5th Edition). 2013. Available at: http://sites.google.com/site/hone./Suwiriyasan. National economic development plan of Thailand. First Edition, Phase 1 (1961-1963). Accessed December 3, 2019.
Subthaweetham A. Thailand’s automotive industry and parts in the Covid-19 era. Broken column Issue, Prachachat Business newspaper, May 3, 2020.
Tirakanan S. Research methods in social sciences: A guide to practice. 5th printing: Faculty of Education Ramkhamhaeng University; 2005.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2022 Life Sciences and Environment Journal
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
Each article is copyrighted © by its author(s) and is published under license from the author(s).