Sunday‚ April 03‚ 2015 MBA- 6022 – Strategic Operations Management Capella University Executive Summary Toyota is one of the largest makers of automobiles with 7.4 million vehicles sold each year on five different continents. It has the unique advantage of being the best Japanese brand sold in the United States and to be number one in Europe (Taylor‚ 2010). On September 29‚ 2009‚ Toyota recalled 3.8 million U.S. vehicles‚ and on January 16‚ 2010‚ another 2.3 million more were recalled for what
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across industries. One of the reasons for such a high level of concern is that supply-chain disruptions can have a profound impact on a manufacturer’s sales and market share. Toyota‚ for example‚ lost production of 20‚000 cars--at a cost estimated at $200 million in revenue-after the 1995 Kobe earthquake disrupted production at a plant that was the automaker’s sole source supplier of brake shoes for domestic cars. While the stakes are high‚ the risk of a disruption has been escalating‚ as well‚ as
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APICS acknowledges the Basics of Supply Chain Management Committee for its contributions in the development of this resource. Jim Caruso‚ CPIM‚ CSCP (chair) Carol Bulfer‚ CPIM James F. Cox‚ Ph.D.‚ CFPIM‚ CIRM‚ Jonah’s Jonah William Leedale‚ CFPIM‚ CIRM‚ CSCP Michael A. Roman‚ CPIM Angel A. Sosa‚ CFPIM ©2009 APICS The Association for Operations Management No part of this publication covered by the copyright herein may be reproduced or copied in any form or by any means without the written permission
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Assignment File 1 Assignment 1 Due date: 26 November 2012 Coverage: Units 1–2 Length: The total length of the essay-type questions should not exceed 2‚000 words. Those exceeding the upper word limit will be strictly penalized. Question 1 (20 marks) For each of the following ten sub-questions‚ select the best answer. Each correct answer is worth two marks. 1 Basket Maker uses phone surveys to gather customer feedback about service and quality. This is an example of the management function
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Multiple Choice 1. A purposeful collection of people‚ objects‚ and procedures for operating within an environment is known as a(n): a) Operation b) Sub -system c) System d) Sub-operation Answer: c Difficulty: Easy Response: See page 7 Reference: Operations 2. Which of the following is among the six major elements of a production system? a) Inputs b) Output c) Monitoring and legislative compliance d) Only A and B Answer: d Difficulty: Easy Response: See Figure 1.1 on page 8 Reference:
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Eliminating waste and items that are not of value inside an organization is called Lean manufacturing. Lean manufacturing will help save the company in the long run. The lean manufacturing was created by Sakichi Toyoda from the Toyota Production System. (Toyota Production System‚ 2015) This was made to help the company reduce inventory. It helped them not only lower wasted material but improve productivity. The purpose of this paper is to review lean manufacturing and how the core elements relate to
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the core need for health care to be: Safe‚ Effective‚ Patient-centered‚ Timely‚ Efficient‚ and Equitable.” (2001‚ p.3). Lean management has addressed many of these issues in the manufacturing world but I believe the elements utilized by Toyota Production System (TPS) have been shown to be used by healthcare to improve patient safety and efficiency‚ two of the needs identified by IOM. “The lean approach is therefore focused on getting the right things to the right place at the right time in the
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ADAPTATION VALUE STREAM MAPPING METHOD TO THE CONDITIONS OF THE MINING INDUSTRY 1. Value Stream Mapping method The Value Stream Mapping (VSM) method is one of the tools of the lean manufacturing methodology. It originates in the Toyota Production System (TPS). In Toyota this method was called “Material and Information Flow Mapping”. This technique enables analyzing and designing the flow of materials and information required to bring a product or a service to an internal or external customer.
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Ascot Sign Systems is how to streamline production and remove any unnecessary production costs. The purpose of this report is to address the challenge‚ by demonstrating how the company can implement lean principles in order to maximise value and minimise waste. The intention is to focus upon applying the 5S quality system to the goods assembly / despatch process. LEAN PRODUCTION Lean production is a concept covering a range of methodologies which are derived from the Toyota Production System‚ with
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TPS House This simple house was used to visually describe the Toyota Production System. All other components were inherit to the system. Ex: Safety‚ Customer First‚ Heijunka (Leveled production)‚ etc. All other versions of the TPS house should be used to clarify your understanding. Based on our experience we have added details‚ which you might find useful. Highest Quality‚ Lowest Cost‚ Shortest Lead Time JIT Jidoka Standardiza)on effective partnerships‚ inc. “Your process
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