Monday, November 18, 2019

Do an analysis of the strategic capability of Toyota Manufacturing Essay

Do an analysis of the strategic capability of Toyota Manufacturing - Essay Example Hence the explanation of the manufacturing process will also include this factor with reference to cost efficiency. In drawbacks or absence (if any) of crucial elements will also be looked into. There is an irony that exists in the American automobile sector. While many companies are finding difficult to compete internationally due to high costs of production, Toyota’s manufacturing facility in the country continues to grow profitably. The TPS has been copied by many companies without real success. It is only for Toyota that the system works irrespective of the market in which operates in manufacturing bases. One single factor for the failure of others to match the Company is that they apply it only to some of the department, especially production and manufacturing. Toyota on the other hand â€Å"carefully describes its fabled system as an operating philosophy for guiding the management of an entire enterprise.† (Teresko, 2006). Unless the TPS becomes a philosophy and is applied throughout the organization, its success will be very limited. The key features that include resources of the Toyota Production System are given below. It should be noted that key manu facturing terms like just-in-time production, total quality management, lean and agile systems, re-engineering are all incorporated in this process. Toyota is also credited as the creator of the famous just-in-time system. 3. Focusing on the pull system: The pull system is one where raw materials are supplied only when it is needed by any area of production. They then pull the product from inventory or the previous production stage. When implemented throughout the process, there will be no overproduction of backlog in the plant. 4. If any problems are seen, the manufacturing within that sub-process is stopped until they are fixed. It is better to get the quality factor right at the production stage itself rather than recall an automobile after it has been sold. 6. The company depends on reliable and

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.