Operations Management Review 2022

Running head: OPERATIONS MANAGEMENT
Operations Management: Toyota Motors Corporation
Name of the Student
Name of the University
Author’s Note:

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OPERATIONS MANAGEMENT
Table of Contents
1. Introduction............................................................................................................................2
2. Discussion..............................................................................................................................2
2.1 Brief Description of Toyota Motors Corporation with its Operations Principles and
Operations Strategy being aligned with the Current Corporate Strategy...............................2
2.2 Review of the Operations Strategy of Toyota Motors with Exploration of the Current as
well as Long Term Solution for addressing the Challenges of the Firm with Examples.......5
2.3 Exploration of 3 Supply Chain Management Strategies that contribute to a Successful
and More Profitable Business with Examples.......................................................................8
2.4 Discussion of the Quality Management Approaches that could value to the Operations
at Toyota Motors with Exploration of Offline and Online Quality Management Tools with
Examples..............................................................................................................................10
2.5 Process of Big Data Driven AI Platform enhancing the overall Business Operations
with Discussion of the Business Exposure and Risks that could be on the Operations
Strategy of Toyota Motors Corporation with Examples......................................................12
3. Conclusion............................................................................................................................14
References................................................................................................................................15

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1. Introduction
Operations management could be referred to as the proper administration of the
business practices for the core purpose of creating the highest level of effectiveness as well as
efficiency in any organization. It majorly concerns with the subsequent conversion of various
materials as well as labour into services and goods much more efficiently for maximization of
the organizational profit (Heizer, Render and Munson 2017). It is the area of management
that is mainly concerned for designing or managing the procedure of production or
redesigning of the business operations in the most effective manner. An operations strategy is
being driven by the total business strategy of the respective company, so that effectiveness of
production is being maximized and the support elements can minimize the expenses.
Objectives of the business are eventually accomplished by such strategies and as a
result, efficient systems are being evaluated and implemented for proper utilization of
resources as well as personnel (Reid and Sanders 2019). Such distinct strategies could even
get the scope for better effectiveness and efficiency in the business without much complexity.
These strategies are required for the business activities and are also focused over resource
allocation and applications. The following report outlines a detailed discussion on operations
management in Toyota Motors Corporation with description about operations principles,
strategy, SCM strategies, quality management approaches and big data driven AI platform
with suitable examples.
2. Discussion
2.1 Brief Description of Toyota Motors Corporation with its Operations Principles and
Operations Strategy being aligned with the Current Corporate Strategy
Toyota Motors Corporation is one of the most popular and significant Japanese
multinational automotive manufacturing companies that has its headquarters in Toyota, Aichi

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OPERATIONS MANAGEMENT
in Japan. During the year of 2017, the corporate structure of Toyota comprised of more than
365000 employees and staff in the entire world and in the end of December 2019, the
respective organization became the 10th largest organization in the entire world according to
the revenues (Toyota Motors Corporation. 2020). It is also termed as the 2nd largest
manufacturer of automobile within the world on the basis of their unit sales in the year of
2018. It was the first manufacturer of automotive vehicles in the entire world for producing
over ten million vehicles in one year that it has done from the year of 2012 and it even
reported the subsequent production of the two hundred millionth vehicle.
Toyota Motors Corporation was the largest listed organization in the entire Japan
through market capitalization and through revenue. It is considered as the leader in the global
market for selling hybrid electric vehicle and even is referred to as the most significant
organizations for encouraging the adoption of mass market within the entire world (Toyota
Motors Corporation. 2020). It is even the leader in the market of hydrogen fuel cell vehicle
and have got net income of 1985587 million Japanese Yen I the financial year of 2019. One
of the major reasons for such success of this specific organization is their unique operations
strategy and principles. They had been following some of the most significant and important
methodologies to ensure that maximum success and efficiency is being gained in their
business under every difficult situation and circumstance.
Operations principles refer to the organizational operating system, which are required
for the business, so that they can put their values into practice and also get their operations
completed within time (Gibson and Parkman 2018). Several organizations are dependent on
the operating principles for getting their operations done faster and easier. They even
influence values and culture of the business in the most effective manner. Few important and
significant operations principles of Toyota Motors Corporation that are extremely vital and
suitable for the organization of Toyota and these are needed to be followed by the