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Globalization in the modern era
Globalization in the modern era
Globalization in the modern era
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Toyota Motor Manufacturing
1527 Words4 Pages
Current globalization of world economy creates new economic realities and intensifies competition. Increase in speed of technological advance, uncertainty caused by global economic crisis forces businesses to change quickly. Transformation enables them to be able to cope with the new economic, social and environmental challenges and / or gain competitive advantage by raising efficiency and improving performance. “Toyota is one of the industry's leaders when it comes to this sort of lean logistics – a strategy driven by the need to remove inventory, time, and costs from the automotive supply chain” (Coia, 2007, p.76).
1. Consider the following terms mentioned in the case: jidoka, just-in-time, heijunka, kanban, kaizen. What role does each of these concepts play in the Toyota Production System, and how do these concepts support/enable each other?
The Toyota Production System (TPS) is not only a technology of comprehensive production management, but a legendary sylphlike philosophical concept of lean production developed to improve productivity and quality (Kotani, 2007). Its basic idea is to maintain ceaseless flow of products agile to changes in demand. A continuous flow of production, or adapting to demand changes in quantities and variety, is created by achieving of several key concepts, being the pillars of the Toyota production system.
The Just-in-Time (JIT) principle basically means to produce the necessary units in the necessary quantities at the necessary time. It is vital for such system to work on a zero defect basis. Prerequisite of JIT delivery is hejunka principle, which ensures a leveled capacity and personnel utilization, excluding both peak loads and downtime due to thorough planning, continuous visual contro...
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Schmuck, R. (2012). OPERATIONS STRATEGIES. Region Formation & Development Studies, (7), 133-141. Retrieved on February 06, 2014 from EBSCOHost http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=89016011&site=ehost-live
Shimizu, K. (2000). Transforming Kaizen at Toyota: Working Paper. Okayama University. Retrieved on February 07, 2014 from SMC Learning Resources
Slack, N., Chambers, S., & Johnston R. (2007). Operations Management. Upper Saddle River, NJ: Pearson Prentice Hall. Retrieved on February 06, 2014 from SMC Learning Resources
Toyota Ky. plant's output leads transplants. (2007). Automotive News, 81(6255), 46L-46N. Retrieved on February 09, 2014 from EBSCOHost http://search.ebscohost.com/login.aspx?direct=true&db=bth&AN=25153055&site=ehost-live
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