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Journal cover: International Journal of Operations & Production Management

International Journal of Operations & Production Management

ISSN: 0144-3577

Online from: 1980

Subject Area: Operations and Logistics Management

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Competitive factors and their relative importance in the US electronics and computer industries


Document Information:
Title:Competitive factors and their relative importance in the US electronics and computer industries
Author(s):R.S.M. Lau, (School of Business, University of South Dakota, Vermillion, South Dakota, USA)
Citation:R.S.M. Lau, (2002) "Competitive factors and their relative importance in the US electronics and computer industries", International Journal of Operations & Production Management, Vol. 22 Iss: 1, pp.125 - 135
Keywords:Competitive advantage, Empirical study, Manufacturing strategy, Performance, USA
Article type:Research paper
DOI:10.1108/01443570210412105 (Permanent URL)
Publisher:MCB UP Ltd
Abstract:The process of identifying and ranking the competitive factors is critical to management for formulating manufacturing strategy because it prioritizes criteria by which manufacturing performance will eventually be evaluated. An empirical study of 382 US computer and electronics firms shows that higher product quality and lower production cost are the most important competitive factors. However, the correlations of these two competitive factors and sales growth and profitability performance measures are not statistically significant. The results suggest that achieving high quality or low cost alone is not enough to improve or sustain a firm’s competitive position and there is a need to explore the emerging role of innovation and advanced manufacturing technology for achieving sustainable competitive advantage.



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