Logistics and Supply Chain Management of Toyota Motors

Running head: LOGISTICS AND SUPPLY CHAIN MANAGEMENT
Toyota Motors
Logistics and Supply Chain Management
11/18/2018

LOGISTICS AND SUPPLY CHAIN MANAGEMENT 1
Table of Contents
Introduction................................................................................................................. 2
Overview of Toyota Motors Corporation..................................................................2
Incoterm Selection Consideration............................................................................3
Carrier Selection Criteria.........................................................................................4
Geographic Coverage..........................................................................................5
Average Transit Time...........................................................................................5
Carrier’s Financial Stability and Charges.............................................................6
Carrier Relationship Management...........................................................................6
Conclusion.................................................................................................................. 8
References..................................................................................................................9

LOGISTICS AND SUPPLY CHAIN MANAGEMENT 2
Introduction
The essay aims at assessing the logistics and supply chain management of Toyota
Motors Corporation, the possessions of automotive products contrived by Toyota
and key zones of transportation of the products of Toyota are studied. E, F, C, & D
incoterm groups will be used for providing recommendations. Numerous parameters
like transit reliability, technical capability, geo-coverage, and transportation costs will
be used for the carrier selection to provide suitable reason of selected modes.
Moreover, transportation performance will be assessed in light of numerous
programmed relationship management to deliver elucidations from diverse
viewpoints.
Overview of Toyota Motors Corporation
Toyota Motor Corporation generally called as Toyota, is a multinational automotive
manufacturer of Japan with headquarter in Toyota, Aichi, Japan. In 2017, the
corporate structure of Toyota is comprised of 364,445 personnel globally and, as of
September 2018, was the world’s sixth-largest business enterprise in terms of
revenue (Reuters, 2018). The Automotive segment of the company comprises the
manufacturing, assembly, designing and dealing with commercial vehicles, minivans,
and passenger vehicles, like trucks and some related accessories and parts. The
subsidiaries of the company comprise Daihatsu Motor Co. Ltd., which creates and
vends compact cars and mini-vehicles, and Hino Motors, Ltd that creates and vend
commercial vehicles, like buses and trucks (Toyota, 2018). Toyota is also into the
business of automotive parts manufacturing, accessories, and components for its
own vehicles and for sale to others. Toyota Motor Corporation is the world leader of
the automobile industry ahead of Hyundai, Volkswagen, and General Motors
(Toyota, 2018). In regards to the market capitalization company is the biggest
company in Japan. Japan and U.S are the biggest marketplaces for the vehicles of
Toyota. The strategy of the company has been to concentrate on the lean frame in
manufacturing and JIT inventory (Toyota, 2018).