Toyota's Operations Management: Strategies, Challenges, and Solutions

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Added on  2022/08/22

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This report provides an analysis of Toyota's operations management, focusing on the challenges and strategies the company faces. It explores the impact of the macro environment, including the need for eco-friendly vehicles, and the importance of adapting to market changes. The report examines the company's operations strategy, emphasizing the significance of supply chain and quality management in achieving efficiency and competitiveness. It discusses the role of effective leadership and communication in operations. The report also highlights the importance of integrating suppliers, retailers, and manufacturers to meet customer demands. The analysis includes references to relevant literature and resources, offering insights into Toyota's approach to maintaining a strong position in the global automotive market. The report also discusses the role of operations management in minimizing costs and maximizing the company's ability to compete within the dynamic and global economy.
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OPERATION MANAGEMENT
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Operation challenges
Sale of the Toyota organization in domestic
market is going through a stagnation phase.
Operations of organization are not effective to
deliver eco friendly vehicle, it can restrict the
future growth of its prospects.
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Operation performance
Operations performance criteria of automobile
industry deals with the process of decision
making regarding productive processes.
This ensure the production of goods and
services as per the specification like value,
schedule at minimum cost.
Materials, resources, and labor inputs are used
to achieve services and goods through the use
of conversion of added value (Hornsby,
Kuratko, & Zahra, 2012).
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Operations strategy and solutions
Organization to expand its presence is required
to deliver market specific products.
Automobile organization like General Motor
has taken the step to make good vehicle
through splitting organization in smaller
product.
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Operations strategy and solutions
Proposed operation strategy of Hyundai is to
allocate the resources that helps to maximize
the production and infrastructure.
Operation strategy of General Motors support
business to design and maximize the
effectiveness of product.
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Macro and internal influences
Changes in macro environment is required to
be recognized by the Toyota.
The modification is needed to be operated
within the state of changes.
Organization will become more capable
through modification to take the advantages of
producing the first hybrid vehicle Toyota
Prius.
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Macro and internal influences
The organization society like relation of
human, policies, experience of worker,
procedures, and skills are known as the vital
rudiments.
Strong relationships with the suppliers and
effective organized distribution system with
effective manufacturing system will make the
mechanized level highly trusted (Parasher,
2016) .
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Supply chain and quality strategies
Supply chain and quality strategies of Toyota
are known as the approach to integrate
distributor, suppliers, retailers, and
manufacturers.
The right quantities, location, time, and mutual
objectives minimize the wide costs system and
satisfy requirements of customers service.
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Supply chain and quality strategies
Supply chain and quality strategies of Toyota
synchronizes the organization's processes with
the supplier and customers objective to match
the services, materials, and information with
demand of customers.
Organization by integration of objective
become more capable to compete within the
dynamic and global economy to focus on the
final consumer.
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Attributes of operation management
The strong operations leader understand the
workers as the valuable resource and
communicate to operations worker.
Operations leaders delivers the constructive
and thoughtful feedback by empowering
workers as the part of team (Starc, 2016).
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Attributes of operation management
Operation management is a master and
commander that manage the output and input of
sources.
This kind of process minimize the cost of
product per unit and make more possibilities to
sell the product at low cost
This help to leave margin high enough to stay
agile within the competitive environment of
business.
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References
Parasher, J., 2016. Toyota Plan. [Online]
Available at: https://marketrealist.com/2016/05/toyota-plan-deal-
challenges/
[Accessed 21 01 2020].
Starc, M., 2016. Operation management qualities. [Online]
Available at: https://elearning.scranton.edu/resource/business-leadership/5-
management-traits-of-operations-leaders
[Accessed 21 01 2020].
Hornsby, J.S., Kuratko, D.F. and Zahra, S.A., 2012. Middle managers'
perception of the internal environment for corporate entrepreneurship:
assessing a measurement scale. Journal of business Venturing, 17(3),
pp.253-273.
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