Toyota’s Operation Management (pdf)
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Added on 2021-03-26
Toyota’s Operation Management (pdf)
Added on 2021-03-26
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MOUCHET Clément Student Number : 20200820 Clement.mouchet@rennes-sb.com Groupe K The Toyota’s Operation Management System
Question 1 : A detailed description of the chosen company, product, or service. The history of Toyota begins at the end of the 19th century, when Sakichi Toyoda invented Japan's first mechanical loom, an invention which was to revolutionise the textile industry of the archipelago. Toyota as pioneer and leader Toyota is the world's leading car manufacturer, with sales exceeding 10.23 million units on five continents in 2014. With 63 production sites around the world, including a production site in France at Valenciennes-Onnaing, Toyota produces more than 10 million Toyota and Lexus vehicles each year, according to the group's own organisation, the Toyota Production System, with a constant focus on the customer. Distributed today in more than 160 countries, Toyota vehicles are produced according to the values of the Toyota Way: continuous improvement and respect for stakeholders, values that go back to the origins of the company, 19th century Japan. Toyota's story begins at this period, at the end of the 19th century, when Sakichi Toyoda invented Japan's first mechanical loom, an invention that would revolutionise the archipelago's textile industry. In January 1918, Sakichi founded the Toyoda Spinning & Weaving Company and, with the help of his son Kiichiro, he realised his life's dream by building the country's first automated loom in 1924. Two years later he founded the Toyoda Automatic Loom Works. Like his father, Kiichiro was an innovator and, during his visits to Europe and the United States in the 1920s, he took a keen interest in the fledgling automobile industry. With £100,000 from the sale of the patent on his automated loom, Kiichiro founded the Toyota Motor Corporation (TMC) in 1937. From looms to cars, the Toyota experience was forged by pushing the limits of industrial technology ever further. Toyoda’s legacy The most important legacy left by Kiichiro Toyoda, in addition to the creation of the company itself, remains the Toyota Production System or TPS.
Based on the principles of Jidoka ("Just-in-Time" and "Kaizen"), a philosophy introduced by Kiichiro to produce only the right amount from existing orders with the minimum of losses, TPS is the key factor in the group's development. We will specially talk about them in this report. It is applied in all of Toyota's plants around the world, including Valenciennes. Gradually, the Toyota Production System is becoming the industry benchmark throughout the world. A Rapid International Expansion After having overcome the post-war industrial crisis in Japan, Toyota is today the leading Japanese manufacturer, with more than 40% of the market share. The desire to design and produce cars in the countries where they are sold led the group, from the end of the 1950s, to establish itself industrially abroad. Toyota's presence on the major foreign markets began with the first "Crown" model launched in the United States in 1957. Models such as the "Corolla", launched in 1966, built the group's reputation for quality and reliability and generated sales that rivaled those of American manufacturers. Toyota began to develop in Europe in 1963 when the first imports arrived from Japan to Denmark. Today Toyota is present in Europe with 9 production sites, all ISO 14001 certified, located in France, Great Britain, Turkey, Czech Republic, Poland, Portugal and Russia. More than 72% of the Toyota vehicles sold in Europe today are now manufactured in Europe. Toyota employs 93,400 people there in "direct" employment. Question 2 : An explanation of how you selected the above company, product, or service. I chose this company because Toyota is the world's leading car manufacturer, which is a proof that their operation management system is very sophisticated. The group has 63 production sites around the world. The Toyota group also sold more than 10 million vehicles in 2014 for example, a real success considering that the group produces 9 million vehicles per year. Demand now exceeds supply. Just like the French group Renault, Toyota Motor Corporation must increase its production to cope with its reputation and growing demand. Toyotism: a very efficient production system
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