Lean Manufacturing Implementation in Malaysian Automotive Components Manufacturer

Due to the short product life cycles, there is inadequate time to correct any errors. If an unprofitable product is launched, it will often remain unprofitable until it is withdrawn. Therefore, it becomes critical to design new products so that they are profitable. 4.2.3 Degree of

Executive Summary This paper takes a look at the problem that organizations are having with the way in which new technologies are introduced into their businesses. The problem does not rest with the training packages that accompany the new technology it rest with the poor planning that takes place. The paper also focuses in on the negative consequences that new technology brings to the supervisor without proper integration and training being conducted. According to Longenecker, (1998), he calls this problem the “Job Skills Gap Syndrome”, a condition, he says, that is spreading rapidly. The “Gap”, is the difference between the actual skill level and the skills needed to perform the job efficiently.

According to the companies’ values, the customers must always come first, which means the company respect their customers and doing continuous improvement. Global Economics In today’s globalization world the company that is affected by the environmental factors would be the Toyota motors. Toyota Motors Corporation is one of the biggest manufacturing motor companies in the world. Their manufacturing company is based in Japan... ... middle of paper ... ... vehicle parts and materials from specific countries and increasing market share in each country and region in which they do business. Toyota must also consider the targeting of specific groups and classes of people within a country because those groups may be dependent on the success of Toyota.

Promotional Strategies in the Automobile Industries Each industry will usually have an industry standard which is deemed to be the most effective strategy given the circumstances and dynamics. Companies which are usually successful in marketing such as Toyota or Mercedes Benz are usually companies which adopt a given strategic marketing model in standing out from the competition (Doole & Lowe, 2008). In the automobile industry price, type of vehicles and consumer orientation play a key role in the success of the automobile manufacturer. Companies such as Mercedes Benz and BMW make use of the aspect of pricing and ... ... middle of paper ... ...s gives the consumer an emotional attachment which results in possible purchase and subsequent brand loyalty. Conclusion Marketing, promotion and pricing of automobiles in the current context of enhanced competition calls for the application of strategic management.

This company is part of the Toyota Group; one of the biggest conglomerates in the globe, and includes company like the Hino motors, Lexus, and Daihatsu. Apart from manufacturing vehicles, this company also makes hybrid cars, electric vehicles, and robots among other auto items. Toyota is known for its unique management accounting concepts that utilize lean accounting philosophy, the just in time strategy, the kaizen and the kaiben approaches to manufacturing. To be in tune with this practice, Toyota has a unique management system known as the Toyota Production System, which is an integrated socio-technical system that is inclusive of its manageme... ... middle of paper ... .... The Toyota Way Field book: A Practical Guide for Implementing Toyota’s 4P’s, New York, NY: McGraw-Hill, 2010.

4.1 Product As of now, Toyota has propelled an extensive variety of cars in the UK market. Toyota Aygo, Yaris, RAV4, Corolla, Auris, Prius, Avensis, Verso, Land Cruiser and clearly Lexus are some of Toyota's glad nearness on the UK motorway. The upsurge of fuel cost and developing ecological worry alongside market immersion are posturing potential risk to auto makers. Toyota comprehended the gas-guzzlers will be in no place in the market skyline in future and acknowledged the test of item advancement to fulfill client desire. The after effect of the colossal cost and years of diligent work is the amazing Prius.

1 What problems had the YIOULA Group’s stand –alone legacy software created for the company? They could not estimate the cost for production the group, synchronous side to side its factories. They had a problem with improving their effectiveness and how it relate to its purchase and their finance in management across all its plants. So they growth and position or extended wasn’t continued into a new market areas. Without any doubt the legacy for stand-alone applications was very important to be replaced.

BPM Strategy: Every company has daily processes, but the better ones really utilize them. Business process management is to keep processes doing what they are promising and be proficient. It is not easy for companies to find out beneficial and critical practices in each particular case. Often critical practices like strategic alliance, employee training and information systems are neglected by companies due to lack of visibility from external and internal perspective. An organization that does not leverage automation and standardization as a key part of business ultimately ceases to exist.

The size of the project determined how much risk was involved in terms of cost, time, and supplier relationships. The idea of switching to global purchasing system was seen as a threat not only in supplies and production flow interruption, but also in damaged dealer/customer relationships and lost sales. Furthermore, failure of the sy... ... middle of paper ... ...System (SMS). Knowing that the Harley-Davidson’s employees were not very susceptible to quick changes, SiL’k team made sure to employ company’s model to highlight People, Processes and Technology for any change initiatives. Additionally, company’s Technology decisions were differed to company’s Architecture Integration group to ensure all technical solutions will be compatible with existing Information Systems architecture.

Abstract Recent spectacular technological advances and break throughs have made the effective use of modern information technology a critical, competitive business tool. This study explores the use of IT by SMEs and their degree of satisfaction in using software and hardware.Use of Word processing and spreadsheet is comparatively high. Use of communication software is very low. There is a dissatisfaction of respondents with software, more than hardware. One main reason is lack of proper training as employees don’t know how to use the software.