Toyota Strategy 1
Assessing Toyota’s Current Regional Production Strategy
(North America, Canada, Mexico, USA)
Performed By:
University of Maryland University College
May 17, 2015
Executive Summary
The Toyota Motor Corporation employs a self-developed system known as the Toyota Product System (TPS) which is based on the concept of efficiency, necessity, quality, and cost reduction to guide business process improvements. This system has two pillars known as just-in-time (JIT) and auto-activation (Jidoka). Just-in-time is a production method that encompasses a series of production innovation and preparation of work. This method has resulted in reduced stocks which have made it possible for Toyota to respond to customer demands, and produce quality products more efficiently. Jidoka – auto activation is aimed at delegating the responsibility of the production to the factory workers to ensure the highest quality of service when manufacturing an automobile. It is Toyota’s believe that their TPS system allows them to flexibility respond to changing customer demands with product efficiency and low production cost.
Introduction
Toyota’s global vision is to achieve quality assurance by leading the way into the future through innovation and corporate responsibility. Utilizing their self-developed system Toyota Production System, the overall objective is to eliminate waste while improving productivity and efficiency of their manufacturing plants. For over fifty years, Toyota vehicles have found their way to over 170 countries and regions throughout the world (Toyota-globalization.com, 2014).
After doing necessary research online or otherwise, document and evaluate the current distribution of Toyota production facilities in North America.
Toyota believes in order to maintain its highest level of quality; their vehicles should be produced where the demand exists with the same level of quality no matter where the manufacturing plant is located. Among the hurdles that must be
(North America, Canada, Mexico, USA)
Performed By:
University of Maryland University College
May 17, 2015
Executive Summary
The Toyota Motor Corporation employs a self-developed system known as the Toyota Product System (TPS) which is based on the concept of efficiency, necessity, quality, and cost reduction to guide business process improvements. This system has two pillars known as just-in-time (JIT) and auto-activation (Jidoka). Just-in-time is a production method that encompasses a series of production innovation and preparation of work. This method has resulted in reduced stocks which have made it possible for Toyota to respond to customer demands, and produce quality products more efficiently. Jidoka – auto activation is aimed at delegating the responsibility of the production to the factory workers to ensure the highest quality of service when manufacturing an automobile. It is Toyota’s believe that their TPS system allows them to flexibility respond to changing customer demands with product efficiency and low production cost.
Introduction
Toyota’s global vision is to achieve quality assurance by leading the way into the future through innovation and corporate responsibility. Utilizing their self-developed system Toyota Production System, the overall objective is to eliminate waste while improving productivity and efficiency of their manufacturing plants. For over fifty years, Toyota vehicles have found their way to over 170 countries and regions throughout the world (Toyota-globalization.com, 2014).
After doing necessary research online or otherwise, document and evaluate the current distribution of Toyota production facilities in North America.
Toyota believes in order to maintain its highest level of quality; their vehicles should be produced where the demand exists with the same level of quality no matter where the manufacturing plant is located. Among the hurdles that must be