Management and Operations Presentation: Toyota Analysis

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Added on  2023/01/13

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This presentation provides a comprehensive overview of Toyota's operations management, encompassing key aspects such as production processes, marketing strategies, and human resource management. It delves into the roles of managers and leaders within Toyota, highlighting their responsibilities in ensuring product quality, controlling costs, and maintaining customer satisfaction. The presentation explores various approaches to operations management, including Just-in-Time (JIT) manufacturing, Total Quality Management (TQM), and continuous improvement. It also examines the interrelation of operations management with other departments like marketing, finance, and distribution. Furthermore, the presentation analyzes the business environment of Toyota, considering political, economic, social, technological, environmental, and legal factors that influence its operations. The conclusion emphasizes the significance of leadership and management in optimizing production processes and resource utilization. The presentation includes relevant references to support the analysis.
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Management and Operations
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Presentation would cover
ï‚—Introduction
ï‚—Key operations in Toyota
ï‚—Key approaches in operations management
ï‚—Role of manager and leader
ï‚—Role of operations management
ï‚—Operation management interrelate with other department
ï‚—Relationships between leadership and management in
contemporary business environment
ï‚—Factors that impact upon operations management
ï‚—Factors impact wider community
ï‚—Conclusion
ï‚—References
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Introduction
ï‚—Toyota is a Japanese multinational and world second
largest automotive manufacture.
ï‚—Toyota has mission to design, manufacture and sell more
electric vehicles for sustainable growth (Chiarini and
Vagnoni, 2015)
ï‚—.
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Key operations in Toyota
Toyota manufacture automobiles or vehicles so its
operations function involves:
ï‚—Bringing raw materials to manufacture vehicles,
ï‚—Marketing of vehicles (Fragassa, Pavlovic and Massimo,
2014).
ï‚—And managing workers in effective way for producing
productive and quality output.
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Key functions of operation management
ï‚—Finance
ï‚—Marketing
ï‚—Operations: The activities involves operations
includes:
ï‚—Inventory management
ï‚—Human resource management
ï‚—Corporate social responsibility
ï‚—Customer service
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Maximizing operational efficiency
ï‚—Reducing employee turnover
ï‚—Employee motivation
ï‚—Customer communication and satisfaction
ï‚—Planning and developmental activities
ï‚—Maximizing communication in the hierarchy
ï‚—Proper use of resources
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Key approaches to operations
management
• Just-in-time (JIT) manufacturing
• Continuous improvement
• Total quality management (TQM)
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Role of manager and leader
Role of manager
ï‚—Manager plan to convert raw products and human resource efforts
into attractive and luxurious vehicles.
ï‚—Ensures that the vehicles are design in attractive way
ï‚—Ensures the utilization of business finance in best possible way
Role of leader
ï‚—The role of operational leaders in Toyota is to ensure workers
safety, product quality, and control product cost and customer
service.
ï‚—The leaders guide workers to use safety equipment.
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Importance and Value of Operations
Management
ï‚· Quality control and management
ï‚· Resource management
ï‚· Focus on organisational goals
ï‚· Systems maintenance and improvement
ï‚· Customer service and satisfaction
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Operation management interrelate with
other department
ï‚—The operational manager communicates with the
marketing manager for understanding customers
needs.
ï‚—Coordinates with distribution department for selling
the vehicles to final customers
ï‚—Also communicates with finance department and
ensures the allocation of finance in productive way.
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Relationships between leadership and management in
contemporary business environment
ï‚—Both leadership and management have crucial roles in
leading and managing the business.
ï‚—Operational leader and manager in Toyota coordinate
and contribute their skills and efforts in taking crucial
decisions
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Business Environment of Toyota
Toyota is a well established brand that is performing its
operations in global market area. There are different factors
of external market that will affect operations and business
performance. It is crucial to identify and analyse impact of
these factors in order to take better decision for
organisation. Various external factors are mention below.
ï‚—Political factor
ï‚—Economical factor
ï‚—Social factor
ï‚—Technological factor
ï‚—Environmental factor
ï‚—Legal factor
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