Assessment and Evaluation of Logistics and Supply Chain Management of Toyota Company, Singapore

Running head: SUPPLY CHAIN
Logistics and Supply Chain Management
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Executive Summary
In this study the Assessment and evaluation of the Logistics and Supply Chain Management
of the Toyota Company, Singapore. The study discusses the key flows in the supply chain,
the making processes and the supply chain forecasting techniques. It also provides
information to enhance the productivity in each aspects.

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Table of Contents
Introduction................................................................................................................................3
Key flows assessment of the Toyota Company.........................................................................4
Product flow...........................................................................................................................4
Information flow....................................................................................................................5
Money flow............................................................................................................................6
Strategies to enhance the Key flows in supply chain.............................................................7
Assessment of the making process of the Toyota Company......................................................7
Strategies to enhance the making processes of the Toyota Company...................................9
Assessment of the Supply chain forecasting techniques of the Toyota Company...................10
Strategies to enhance the demand forecasting methods.......................................................12
Conclusion................................................................................................................................12
Reference list............................................................................................................................13
Introduction
Logistics refers to the framework and planning orientation for the flow of information
and products in a business. Management of supply chain is implemented in companies to

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streamline the supply chain operations such as material procurement, management of
inventory, production, logistics and distribution (Mangan & Lalwani, 2016). It is the
“network of organizations that are involved, through upstream and downstream linkages, in
the different processes and activities that produce value in the form of products and services
in the hands of the ultimate consumer” (Stadtler, 2015). This study deals with the assessment
of the supply chain of the Toyota Company, Singapore. It’s basically a Japanese company
whose headquarters is situated at Toyota Aichi. It has more than 3.5 lakh employees and has
secured 13th position in terms of revenue in 2016. It has a productivity of 10 million vehicles
per year making it the first automotive company to reach such a benchmark. Kiichiro Toyoda
founded the company in 1937 and released various models of which Ranx, Hino, Lexus and
Scion are the famous ones.
Figure 1: Supply chain system of Toyota
Source: toyota-global.com
In this article the supply chain of Toyota Company, Singapore is discussed in detail.
The key flows in supply chain (the product flow, information flow and the money flow) to
the making process of the company and its effectiveness is discussed and at last the supply
chain forecasting is evaluated followed by various recommendations in each sections to
enhance productivity.
Key flows assessment of the Toyota Company
The key flows in logistics and supply chain comprises of information flow, product
flow and money flow. The product flow refers to the flow of product starting from the
development of product (raw material gathering) to final delivery of product to the end
customer (Mensah & Merkuryev, 2014). In information flow, the required information is
communicated in both directions (upstream as well as downstream) between the customer