Table of Contents 1
Rationale 2
Company Profile 2
Timeline of Events 2 the Toyota Production System 3
Introduction 3
Foundations of TPS 4
JIT (Just-In-Time) 4
Heijunka – Leveled Production 4
The Pull System 4
Kanban System 4
Flow Processing 5
JIDOKA 5
Working of the Toyota Production System 6
Step 1 -Order information 6
Step 2 – Timely Production 6
Step 3 – Parts Replacement 6
The Results 7
Usability of TPS for any organization 7
Rationale Operations Management is concerned with the production of goods and services ensuring that the produced goods are efficient and use minimum resources. It is also concerned with the fact that the produced goods should be effective, i.e. they should meet customer requirements. The Toyota Production System is an excellent example of an effective and efficient production system, which is symbolic of excellent operations management. TPS also signifies the role that effective operations management can play in shaping the future of the company. The study helps us in realizing how little methods of improving operations can make a huge difference for any company.
Company Profile
Toyota Automobiles has centered its activities around the principle of contributing to the development of a prosperous society through the manufacture of automobiles” . By contributing to the society, the company means two things. Firstly, it means that they would try to manufacture automobiles that are in synchronization with the needs of the society and that are able to make the lives of people better. Secondly, they would try to help society at the grass roots level by providing employment, being profitable and paying taxes, thus, consequently, strengthening the economy of the country they operate in.
Toyota Motor Corporation is the third largest automobile manufacturer in the world. The company was formed on 28 August 1937 in Japan. It is has 12 plants in Japan, and besides these plants, the company owns 54