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Toyota's Transportation and Distribution Name of the Student Name of the University Author's Note Introduction Toyota Automotive Company

   

Added on  2020-04-21

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Running head: TOYOTA’S TRANSPORTATION AND DISTRIBUTIONToyota’s Transportation and DistributionName of the StudentName of the UniversityAuthor’s Note

1TOYOTA’S TRANSPORTATION AND DISTRIBUTIONIntroductionToyota is a Japanese automobile company founded in 1937. The company iscurrently operating around the globe with it’s headquarter situated in Tokyo. The focusof the company is to produce and sale vehicles in the process of contribution towards amore prosperous society. Toyota believes that the company built on a loose soil willeventually fail to hold the interest of its stakeholders in hard time. This led the companyto form a solid base of stakeholders by manufacturing quality products and solid supplychain. Long-term partnership, growth through harmony, maintain corporate culture,respect other culture and languages and develop advanced technology andenvironmental friendly products are the key principles Toyota follows in theirinternational venture. The code of conduct of the company successfully synchronieswith their guiding principles and narrates every steps in the business (toyota-global.com., 2017). The products offered by Toyota to their international customers ranges frompassenger vehicles, Welfare vehicles, components or aero parts, automobile parts topowered wheelchair (Toyota-ej.co.jp, 2017). They are currently competing with some ofthe major competitors like Volkswagen, BMW with their product line. The goals Toyotaset for competing in this competitive market are to produce better environmental friendlybetter car with better manufacturing to enrich the lives of the target communities. Thesegoals are in accordance with their ultimate goal to obtain zero causality. This essay aims to understand the intercom utilized by the company in theirtransportation and distribution. The study extends to identify the best possible incotermthat will be effective for Toyota in their transportation and distribution process. The laterpart of the essay identifies the significant carrier selection considerations for Toyota andthe relationship type beneficial. In other words, this essay will suggest incoterm, carrierand type of relationship with the carrier best suited for Toyota in order to increasecompany’s overall profitability. Incoterm Selection

2TOYOTA’S TRANSPORTATION AND DISTRIBUTIONIncoterm or International Commercial Terms was introduced in the year 2010 bythe International Chambers of Commerce, which is narration of a number of terms. Thiscategorizes the import and export system utilized by the manufacturers and the buyers.In other words, these terms states the possible relationships between the manufacturer,logistics, and the buyers (Cook, 2011). Toyota Company in its initiation days used todeliver the completed cars individually. In other words, they used to drive individualcompleted cars to their customers’ doorsteps. This led them to launch their first evertruck Toyota G1 truck in the year 1935 to deliver multiple cars at the same location atthe same time. However, their transportation and delivery has considerably expendedevery since. This can be attributed to their market expansion they are now operating notonly in the boundaries of Japan, but also overseas. They have expanded theirtransportation and delivery services and now have diversified transportation servicesthat include rail, plane, ships, and ground transporters to reach out their customers.They have separate department for handling these for completing these transports.They have domestic transportation department for delivering their vehicles in thedomestic market, overseas transportation department for overseas transportation andParts supply, and transportation department for handling spare parts and accessories(Toyota-global.com, 2017). They are now seeking more compatible and environmentfriendly transportation system to increase the efficiency of their transport and deliverysystem and address the largest portion of their target market directly from theirproduction facilities around the world. RecommendationsFCA

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