Just in time strategy and profitability analysis in financial statements

Fernando Juárez, Carlos Hernan Pérez, Alejandro Useche

Resultado de la investigación: Tipos de Contribuciónes en ConferenciaPaper

1 Cita (Scopus)

Resumen

The purpose of this paper is to describe some links between Just in Time (JIT) manufacturing strategy and performance financial analysis in financial statements. A rational, deductive, analytical and objective method was used; based on previous findings, a series of functions along with pre-post and linear regression analyses models are described as explicative of the relationships between JIT and financial statements analysis. Results show that Dirac function, value transformation function and transform kernel provide the foundations for a conceptual link between JIT and company performance in financial statements. Besides, the JIT relationship to business performance is explained by the following three models, selected from literature: a) pre-post model, explains changes in inventory and asset turnover, and their relationship to JIT; b) two-stage self-selection regression analysis model, explains how sales, inventory, company size and JIT adoption influence ROA changes; and c) lean manufacturing model, including JIT, allows explaining firm's financial data. The conclusion is that JIT is part of a financial sequence of analysis strongly related to the structure of financial statements and company performance.

Idioma originalEnglish (US)
Páginas1363-1372
Número de páginas10
EstadoPublished - oct 25 2017
EventoIEOM Bogota Conference / 1st South American Congress 2017 - Bogota
Duración: oct 25 2016oct 26 2016

Conference

ConferenceIEOM Bogota Conference / 1st South American Congress 2017
PaísColombia
CiudadBogota
Período10/25/1610/26/16

All Science Journal Classification (ASJC) codes

  • Strategy and Management
  • Management Science and Operations Research
  • Control and Systems Engineering
  • Industrial and Manufacturing Engineering

Citar esto

Juárez, F., Pérez, C. H., & Useche, A. (2017). Just in time strategy and profitability analysis in financial statements. 1363-1372. Papel presentado en IEOM Bogota Conference / 1st South American Congress 2017, Bogota, .
Juárez, Fernando ; Pérez, Carlos Hernan ; Useche, Alejandro. / Just in time strategy and profitability analysis in financial statements. Papel presentado en IEOM Bogota Conference / 1st South American Congress 2017, Bogota, .10 p.
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Juárez, F, Pérez, CH & Useche, A 2017, 'Just in time strategy and profitability analysis in financial statements', Papel presentado en IEOM Bogota Conference / 1st South American Congress 2017, Bogota, 10/25/16 - 10/26/16 pp. 1363-1372.

Just in time strategy and profitability analysis in financial statements. / Juárez, Fernando; Pérez, Carlos Hernan; Useche, Alejandro.

2017. 1363-1372 Papel presentado en IEOM Bogota Conference / 1st South American Congress 2017, Bogota, .

Resultado de la investigación: Tipos de Contribuciónes en ConferenciaPaper

TY - CONF

T1 - Just in time strategy and profitability analysis in financial statements

AU - Juárez, Fernando

AU - Pérez, Carlos Hernan

AU - Useche, Alejandro

PY - 2017/10/25

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N2 - The purpose of this paper is to describe some links between Just in Time (JIT) manufacturing strategy and performance financial analysis in financial statements. A rational, deductive, analytical and objective method was used; based on previous findings, a series of functions along with pre-post and linear regression analyses models are described as explicative of the relationships between JIT and financial statements analysis. Results show that Dirac function, value transformation function and transform kernel provide the foundations for a conceptual link between JIT and company performance in financial statements. Besides, the JIT relationship to business performance is explained by the following three models, selected from literature: a) pre-post model, explains changes in inventory and asset turnover, and their relationship to JIT; b) two-stage self-selection regression analysis model, explains how sales, inventory, company size and JIT adoption influence ROA changes; and c) lean manufacturing model, including JIT, allows explaining firm's financial data. The conclusion is that JIT is part of a financial sequence of analysis strongly related to the structure of financial statements and company performance.

AB - The purpose of this paper is to describe some links between Just in Time (JIT) manufacturing strategy and performance financial analysis in financial statements. A rational, deductive, analytical and objective method was used; based on previous findings, a series of functions along with pre-post and linear regression analyses models are described as explicative of the relationships between JIT and financial statements analysis. Results show that Dirac function, value transformation function and transform kernel provide the foundations for a conceptual link between JIT and company performance in financial statements. Besides, the JIT relationship to business performance is explained by the following three models, selected from literature: a) pre-post model, explains changes in inventory and asset turnover, and their relationship to JIT; b) two-stage self-selection regression analysis model, explains how sales, inventory, company size and JIT adoption influence ROA changes; and c) lean manufacturing model, including JIT, allows explaining firm's financial data. The conclusion is that JIT is part of a financial sequence of analysis strongly related to the structure of financial statements and company performance.

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AN - SCOPUS:85057644054

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Juárez F, Pérez CH, Useche A. Just in time strategy and profitability analysis in financial statements. 2017. Papel presentado en IEOM Bogota Conference / 1st South American Congress 2017, Bogota, .