Operations Management Principles and Toyota Case Study Analysis Report

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Added on  2023/01/10

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This report delves into the realm of operations management, exploring its fundamental principles and practical applications within a business context. The report begins with an introduction to operations and operations management, emphasizing their roles in controlling and managing operations to address critical business challenges. It then outlines current operations management principles, including lean manufacturing, flexible specialization, mass customization, and agile manufacturing. A significant portion of the report is dedicated to a case study of Toyota, a leading automotive manufacturer, examining how it applies these principles to enhance performance and quality. The report highlights the use of tools such as Six Sigma and lean manufacturing. The report also compares and contrasts Six Sigma and Lean manufacturing and describes the implementation of operations management principles, focusing on key elements such as reality, organization, accountability, and growth. The report concludes with a summary of the effectiveness of operations and project management in achieving organizational objectives and references relevant sources for further study.
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Table of Content
Introduction
Operations & Operations Management
Current Operations Management Principles
Operations Management applied to Case
Operations Management Principles
Implementation of the principles of operation management
Implementation of the principles of operation management
CONCLUSION
REFERENCES
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Introduction
Operation management is related with controlling and managing of operations so that critical
business challenges are operated in a comprehensive manner. On the other side, project
management is primarily associated with arranging, coordinating, encouraging and managing
different works and events to accomplish operational objectives and targets. It has become
helpful to the company by evaluating planning and development to enhance processes,
programs, distribution and supply management problems to remain successful in this
industry.
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Introduction: Operations & Operations
Management
Operations usually involve manufacturing process, system integration, as well as constructing one of
the best performing ground service for customer. Activities is among the major functions in a
marketing , finance, and chain management for organization to deliver optimum results.
Management of operations that are primarily related with effective planning , better organizing and
proper controlling of activities involved in manufacturing process or service allocation in order to
achieve optimum results.
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Conti….
Key company functionalities outline; find networking
Operational management is among the productive division that handles tasks and different
processes inside the enterprise. There have been numerous operations management
features which are as described in the following:
Financing
Operations
Strategies
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Current Operations Management Principles
Lean Manufacturing Outline
Related process control approach lets enterprise reduce waste when generating the goods
and services. In Toyota's background, which addresses the quality problem by utilizing
lean manufacturing emphasis on reducing waste again from manufacturing cycle to
produce optimum performance.
State the 7 Forms of Waste
Waste is really a damaging component for both an institution and customers
which involves a huge amount enough expense. Those are the different cost types
discussed underneath:
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Conti….
What is Flexible Specialization
Flexible advancement that is an organization-building marketing strategy to create itself
more successful. company using the staff members' and equipment and machinery
requires various functional skills to obtain high outcomes. In Toyota sense that utilizes the
corresponding tool to even provide their staff members with expertise in addition to making
one of their best attempts.
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Conti….
What is Mass Customization
Marketing and production strategy respective method that supports to balance the versatility
and personalization impact with respect to tailor designed goods to enhance customer
satisfaction.
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What is Agile Manufacturing
The corresponding word used in an enterprise to develop new procedures, methods and
strategies to react to the customer's demands in a very swift manner and also requires
improvements in cost and performance management.
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Operations Management applied to Case
About Toyota.
Toyota is among the worlds largest well-known brands of car production. While
manufacturing the goods and services as stated above, respective organization faces the
quality problem in the case. To increase the performance and rise quality, different tools
like Six Sigma and lean manufacturing are used in the to achieve optimum results. Six
sigma is among the most critical corporate tools to reduce cost by rescuing the best possible
expense of manufacturing products and services. Lean manufacturing enables manager of
company to use available stock in most arranged manner to increase productivity.
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Operations Management Principles
Lean manufacturing and Six sigma are both really essential part of an organization as
this helps to operate the business operation effectively and efficiently. Both Six Sigma as
well as Lean Production vary as per their Feature but are important in industrial
processes.
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Comparison
Six sigma Lean manufacturing
Six sigma proved beneficial
for organization for reducing
the cost as well as to save
time to gain optimum
outcomes for an organization.
On other hand lean
manufacturing rely on the
elimination of wastage by
analysis of workflow process
to enhance consumers
experiences in positive
manner.
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Implementation of the principles of
operation management
There are a wide range of business control standards. Effective use of those in the
workplace helps to determine better results by using materials, infrastructure and
personnel optimally. The key principles that Toyota applies in the proper operation of its
operational activities involve:
Reality
Organisation
Accountability
Growth
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