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Supply Chain Management of Toyota

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Added on  2020-04-21

Supply Chain Management of Toyota

   Added on 2020-04-21

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Running Head: Supply Chain Management TOYOTA MOTOR CORPORATIONSupply Chain Management
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Supply Chain Management 1Table of ContentsIntroduction........................................................................................................................2Analysis of Supply Chain and operating level processes..................................................3Operating level processes..............................................................................................4Proposals and justification for change...............................................................................5Critical success factors......................................................................................................6Impact on Operation management....................................................................................8Conclusion.......................................................................................................................10References.......................................................................................................................11
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Supply Chain Management 2Introduction Flow of goods and services from the organization to the consumers is known as the supply chain management. Storage of work in progress, storage of raw materials, management of inventories, undertaking the goods from the suppliers, moulding them into finished goods, etc. are crucial segments of the supply chain management process.With the effective supply chain management process, every organization is able to meetwith its core targets and along with this, efficiency in the dynamic business environment increases. This sector plays crucial role in the smooth running of the organization as it isthe vital element of the operations management of the organization. Under this report, supply chain management of the Toyota Automobile Company will be discussed. It is a manufacturing company engaged in automobile sector and their primary activities are manufacturing and designing car, trucks’ engines, etc. Current supply chain management of the Toyota Automobile Company, process related with operation level, recommendations to enhance the efficiency of the supply chain process of the organization as well as the success factors of supply chain management and the impactof the supply chain management on the operations of the organization will be the major segments of this report. Toyota Motor Corporation is known for manufacturing cars and their engines. It is a multinational company based in Japan with its headquarters in Toyota, Aichi, Japan. More than 364, 000 employees are engaged in the operations of the organization. Organization is ranked under top five innovators across the globe in their industry. In terms of revenues, it stands on the fifth position in the worldwide automobile industry. Their present CEO is Akio Toyoda and with his innovative strategies and techniques, Toyota is on the peak position in terms of manufacturing cars and engines across the globe. Toyota Motor Corporation has made various records in terms of largest production and one of the best is that, they had produced 10 million vehicles in a year. Their supply chain management process is quite effective enough to gain competitive advantage. Management of the Toyota has adopted certain strategies such as serving adequate quality, attractive and unique features in their cars.
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