The Role of Lean Manufacturing on the Financial Performance of Productive Firms (Case Study: Productive Companies Active in Rashtʹs Industrial Town)

Financial performance of each firm is one of the most important components which are paid a special attention by the managers; in such a way that most managers pay a special attention to this index in comparison with other performance indexes. Industrial towns and productive firms in them have a special strategic importance for each region and province and it is followed by the growth and flourishing of the economy and industry of the region. Therefore, the main purpose of the research is to review lean manufacturing and its impact on the performance of productive firms. The statistical population of this research includes all of the industrial companies that are active in Sepidrood industrial town in the city Rasht. The analysis approach in this research is based on Partial Least Squares. The results of reviewing the research hypotheses are indicative of the positive and significant impact of lean manufacturing on value stream costing and measurement of visual performance. On the other hand, the positive and significant impact of value stream costing on the measurement of visual performance and operations performance was confirmed. And also the impact of measurement of visual performance on operations performance and the impact of operations performance on financial performance have also been confirmed.