Logistics and Supply Chain Management of Toyota Motor Corporation

Running Head: Logistics and Supply Chain Management
Toyota Motor Corporation
Logistics and Supply Chain Management

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Table of Contents
Introduction......................................................................................................................................2
Relationship between Supply Chain Management and Logistics Management..............................2
Difference between logistics management and supply chain management.................................3
Enterprise Resource Planning (ERP)...............................................................................................4
Recommendations to increase reliability in supply chain and logistics..........................................5
Conclusion.......................................................................................................................................6
References........................................................................................................................................7

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Introduction
Toyota Motor Corporation is a Japanese multinational automotive manufacturer. Its headquarters
is situated in Toyota, Aichi, Japan and it was founded in 1937 by Kiichiro Toyoda. Toyota
Corporation is one of the largest automotive manufacturers across the globe and in 2017;
company’s corporate structure consisted of approximately 365,000 employees across the
worldwide locations. Along with this, company stood on the fifth position in terms of revenues
across the globe and on the second position as the largest automotive producer in the world.
Toyota was the first company who touches the milestone of producing more than 10 million cars
in a year which was done in 2012 and since then, company is continuously touching the same
benchmark. In terms of market capitalisation in Japan, Toyota grabs the leading position
amongst the all listed companies in Japan. Apart from the manufacturing of fuel-operated
vehicles, Toyota is known as the market leader of producing hybrid electric vehicles across the
globe. Along with this, organization encourages the mass-market adaptation of hybrid vehicles in
the world.
In all aspects, Toyota is known as the compelling examples of corporate success especially in the
fields of manufacturing and supply chain management. Managing logistics and supply chain is
one of the primary objectives of every company mainly in the production field. With the help of
an effective supply chain and logistics management, an organization could easily attain its
desired goals and objectives such as meeting with the demands and wants of the market,
grabbing the market share, gaining competitive advantage, etc. (Tseng, 2014).
In relation to this, this report will focus over determining relationship between supply chain
management and logistics management of Toyota Motor Corporation. Along with this,
organizational logistics management will be analysed to determine its role in the terms of
enhancing profitability. The second phase of the report will aim on determine the effectiveness
of ERP (Enterprise Resource Planning) in terms of enhancing organizational efficiency. In
addition to this, role of ERP in terms of reducing cost of supply chain management and logistics
will also be analysed. Last part of the report will determine the effectiveness of Toyota’s supply
chain and logistics in order to analyse the gap between organizational supply chain management
and their expectations so that appropriate recommendations could be given to the organization in