Analysis of Toyota's Operational Management in the Automotive Industry

This report provides a comprehensive analysis of Toyota's business operation management. It begins with an overview of Toyota, defining the scope of analysis, and includes a Gantt chart outlining the project's timeline. The report identifies and discusses key challenges faced by Toyota, including brand reputation issues, and conducts a critical analysis of these challenges within operational management. It also examines Toyota's operational management performance objectives, including quality, speed, dependability, flexibility, and cost. The report further explores the application of the 4 V's (Volume, Variety, Variation, and Visibility) in the context of Toyota's operations. An analysis of Toyota's operations within the automotive industry is provided, evaluating key processes in production and delivery and discussing their pros and cons in meeting performance objectives. Finally, the report identifies and prioritizes quality improvements, recommending continuous improvement frameworks for product/service delivery.

BUSINESS OPERATION
MANAGEMENT

Contents
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
1.Overview of Toyota along with defining with scope of analysis.............................................3
2. Gantt Chart...............................................................................................................................3
3. The main level of challenges which is faced by Toyota..........................................................4
4.Critical analysis challenges faced by operational management................................................5
5.Operational Management Performance Objective of Toyota...................................................6
6. 4 V’s of Toyota........................................................................................................................7
7.Analysis of operation in context of automotive industry..........................................................8
8.Evaluate the key processes used in the production/delivery of a product/service, discussing
the pros and cons of these processes in meeting performance objectives...................................8
9.Identify and prioritise quality improvements you would recommend to the product/service
delivery, by using continuous improvement frameworks............................................................9
CONCLUSION..............................................................................................................................10
REFERENCES..............................................................................................................................10

INTRODUCTION
Operational management is the considered as the major administration along with managing the
business practices in order to have the level of creation of efficacy which is been considered as
possible to be run in the organising. It is majorly have concerned in order to have conversion of
material along with labour of effective goods and services in order to have maximizations of
profits in completive world by gaining advantage for development of company (Heizer, Render
and Munson, 2017). Toyota motor corporation has been considered as the important among the
global level of development of as the leaders at global level in sales of hybrid level of electric
vehicles along with being the largest encouraging company df mass communications market
adoption within the respect of hybrid vehicles across the development of globe. The report has
the major level of coverage in understanding the analysis of company which applications of
majorly 4 V’s and critical analysis of challenges which is being faced by company in
achievement of its performance objective along with Gantt chart. The report will also pay major
focus of the pro and cons of production process along with applications for the continuous level
of improvements.
MAIN BODY
1.Overview of Toyota along with defining with scope of analysis.
Toyota motor corporation has been considered as the important among the global level of
development of as the leaders at global level in sales if hybrid level of electric vehicles along
with being the largest encouraging company df mass communications market adoption within the
respect of hybrid vehicles across the development of globe. Toyota Motor Corporation (Toyota),
incorporated on August 27, 1937, conducts business in the automotive industry. The Company
also conducts business in finance and other industries. The company is listed to have largest
listed to the company in development to have achievement of car models which have
achievement of the milestone as 2017 (Reid and Sanders, 2019). The company has been listed as
the London stock exchanges along with New York and Tokyo stock exchanges. The copy of
business has the major developments on the extents of the market level of serving. The company
is being identified as the in sales of hybrid level of electric vehicles which is having the major
level of operation in development of UK. The company is already has been established in
different countries base in Asia and Europe.
2. Gantt Chart.
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Task Name Duration Start Finish
Operational
managements activities 1 week Mon
12/23/19 Fri 12/27/19
Literature reviews on
operation management 1 week Mon
12/30/19 Fri 1/3/20
research methodologies
with key deliverables 1 week Mon 1/6/20 Fri 1/10/20
Data collection sources 1 week Mon 1/13/20 Fri 1/17/20
Data analysis 1 week Mon 1/20/20 Fri 1/24/20
Conclusion 1 week Mon 1/27/20 Fri 1/31/20
Submission of research
report 1 week Mon 2/3/20 Fri 2/7/20
3. The main level of challenges which is faced by Toyota.
The company Toyota have the major level of implications of deidentification one of the major
issues which have recently have major damage to its brand reputation with sudden level of
acceleration in recalling the millions of the government fine along oath massive implication of
law suits and their respective settlements (Morschett, Schramm-Klein and Zentes, 2015). The
company’s ahs been identified as the most of level of up in gaining with line-up of boring cars.
The company doesn’t have the easy task to cut down the edge as the car of company per
definitely sold of major level of reputation of company. Everyone has the mind about companies
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existing level of value which is having the major impacts of development and sales of company
all around the world.
4.Critical analysis challenges faced by operational management.
In the global world of competitiveness, the hybrid vehicles company has the major issues in
level of proper establishment of the company in in order to have, maintenance of global level of
reequipment along with maintaining proper level of effective communication between employees
and top level of management which is able to have provenance of effective development of
relationship of company goal and objectivise in order to achieve the vision and mission of
company. The issues which are been identified t have effective level of development of
operational management in order to have achievements of major level of compete advantage in
global world development.
Sustainability is the major concerns for the company who are tuning out to be manufacturing in
this world of business development. The company have the major level of assurance in range of
application of competitive advantages with allocations of effective resources development of
sustainable (Monden, 2019). The companies have the primary responsibility to have the look
over the factor which are such as the as economic, social and environmental. It is major
responsivity to have occurrence of proper maintain of relationship which are turning out to be
resultant as the captivity of products. To implement practices which will figure out the solution
to these problems related to sustainability techniques of operation management needs to be more
effective and effects in gaming level of compete advantages in further level of development in
world of globalisation.
The next is built development of effective communication which is directly or indirectly being
resultants of ethical code of conduct. The effective in communication can be resultant as the
development of effective and efficient relationship in understanding the various level of concept
by employee which is turning out to be major challenges in making company more level of
effective. This will directly of directly have major level of impacts id he strategy
implementations with the objective of developing the capsica’s of production in order to have the
resultant in achieving the major level of effective communications which helps in making the
plans with mor major plan implementation more accordingly. The company have the major level
of concern in developing their ethical code of conduct so the Toyota can have enough level of
contribution in more of ethical manners which makes the company and employee to have correct
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level of implementor of strategy ailing with smooth sunning (Zokaei and et.al., 2017). the firm is
to have major level of consideration in making the business more level of effective in order to
have development in course of action by making the appropriation of various needs.
5.Operational Management Performance Objective of Toyota
Quality
In the automotive industry’s the quality is considered to be important parts by making realisable
products which is assembling he right level of specification to make products more attractive and
flawless. Toyota have integrated the several level of oppressions to being among the top level of
automotive realizability such as reliability, initial quality and long-term durability.
Speed
Speed refers to the minimizing he time in dealers to have requesting the vehicle to have the
practical specifications and which is able to have minimizing the delivering time. The Toyota
production system is to have managed to have balance the actuals sped of the productions line
which is exactly to meet the customer demands. Toyota has managed to increase the speed of its
operations by rearranging layout and flow and thus enhanced simplicity.
Dependability
Dependability is considered to be automotive industry which refers to be delivery of vehicles to
dealers. there is major focus on level of operations to have providence of potentiality and
risibility to product and services to save cost (Lavassani and Movahedi, 2017). The companies
are focussed on just in time along with labour intensive workforces by providing level of global
foot print.
Flexibility
The companies is able to have the change sin wide range of products to have achievements the
high level of output in order to have producers of relatively small batches to have different level
of Toyota models. the company is majorly considered as the focused to have reconsiderations in
production models by changing level of market needs to have establishment of the flexible an
efficient production system
Cost
The company is able to make the production of high-quality vehicles which are ta reasonless
prices. There are several initiatives such as the engineering, value analysis, and value
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improvement programs that have helped to reduce costs from its operations. The company have
major focus od the local level of productions capabilities to meet customer demand.
6. 4 V’s of Toyota
Volume
This states that he quality of hybrid car which is been produced by the Toyota in order to have
the providing the level of satisfaction their potential customers. The situation where company
will fail in order o have maintains of right quality of stock, so the company is facing the
consequences. This imbalance between the demand and stock will lead to have you relishing the
demand of customer. On the other hand, the level of perfections in maintains balance in order to
be holding level of competitive advantage by bearing the extra holding cost which is being
volume head.
Variety
This have the meaning of purchases of varsity of cars and extra products which is being require
to be provided by Toyota. This V is mainly to have the organised the inclusion of the different
varsity of products which is considered to be major holding (Dillon, 2019). The companies tend
to have providence with varsity of customers which is making them able to have proper level of
devotion making under the one roof which is mainly prefer by the customer of Toyota which is
extremely the benefits the brand loyalty of customers. This helps the companies able to gain
level of competitive advantages from its customers as thus which is increase the level of market
share which is considered to be important part of development.
Variation
This refers to have the change in level of making the demand which is considered to be an
important part of development. The factors are o be considered in large amount which will be
able to have power in changing the level of demand which is unlikely to have predications of
Toyota demand, so the company will be able to have the changes in time in order to have
uncertainties which is considered to be an important part . The level of unpredictable changes
which will be natural disaster in order to have the food stuffing that’s is needed to be increase.
Visibility
This is having the major consideration of the company customer experiences in serial of actives
which is experienced by customer. Toyota have the high level of assistance in developing the
hybrid cars so that’s there is level of low viscidity in the company level of manufacturing of the
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units in order to have unfeasibility in operation management. the company is tending to makes
the higher level of visibility in understanding of service industry ass the customer has the
regional level of feedbacks in showrooms along with feedbacks at services which is been
provided to them.
7.Analysis of operation in context of automotive industry.
Volume and varsity are considered t the process with able to have identifications that can be
having level of differences which is being considered to be different competitors in the
automotive industry (Lalhmingsangi, 2018). The existing level of competitors also able to make
the level in considered to be process which is bale to make the high volume which is
commandeered to be similar to Toyota. In the contrast the competitors such as the BMW will
have level of composition on basis of differentiation which is relatively low varsity in process o
being Toyota. On the other hand, it was argued that’s that variation and visibility of processes
remain similar to Toyota for most of the players in this industry. the demand for automobiles is
growing at a constant rate with some high growth seen in emerging economies.
8.Evaluate the key processes used in the production/delivery of a product/service, discussing the
pros and cons of these processes in meeting performance objectives.
The company Toyota have the encompasses in member of making the relationship of
management in decision making in business. The company tends to have the behaviours in legal
behaviour in making the business so more level of efficient indecision making. The company
have the use of key process of Toyota production system which have the empowerment of there
respective team members in order to have optimizations of quality which is being constantly
improving the level of perfumes and eliminations necessary’s waste in natural and human
capitals sources. There is major level of influences which is considered to be every aspect which
have inclusion of common values and knowledge and procedures. This have the entry the
employees with have the well-defined which are considered to major responsibilities in ways of
production system and providing encouragements to have starving overall improvements.
The benefits to this production system are such as the-
Quality in inherent the products Toyotas.
Cost which is kept to have minimum thanks in order to have return to investment.
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Delivery is end time to have the expected standard to have allowing customers to have proper
level of planning to their operation more level of successfully.
Environment as concerns to have the sharing the Toyota customers from the level of
manufacturing which have recycling the end to life.
Safety is the Toyota conscious level of concerns for both employees along with customers.
Cons
It is considered be more expensive and costly to be introduce.
The company is bale to the enough stock along with a smaller number of timing to have
overhauling od productivity of eligible decision making in terms of implementing proper level of
rule and regulation.
9.Identify and prioritise quality improvements you would recommend to the product/service
delivery, by using continuous improvement frameworks.
Kaizen
It is considered the this have the major level of development of the contributor level of
improvement in or to being the level of change. This is having major comparing to have the
level of rigidity (Allen, 2019). The company Toyota have the level of implications to increase to
have morale development o employees to have eliminations by major focus in improving the
level of quality. One different point of this aspect is that it encourages people irrespective of their
designation in the company it can be the CEO or someone from lower level of management. This
model helps the company to focus on two aspects that is process and flow. Flow helps to focus
the company on the area of flow of information and materials. This method has the level of
development of the varsity of purchase in decision making in various level of aspects.
The advantage of Kaizen is every day improvement, everybody improvement everywhere
improvement. The disadvantage if Kaizen is that it is really hard to achieve. Main obstacle seems
the be the willingness of senior managers to engage in the work required.
Just In Time
It is considered to be linear manufacturing the business which have inventory management to
have in the improvising the strategy to have increase level of efficiency. The process have the
level of ordering and receiving the level of inventory for the level of productions and customer
sales which are recovering the level of inventory to have the customer and production of sleds in
needed to have the productions of good and services. The method undertakes the help of
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statistical analysis which relies on the structure of the company which must include some
experienced and trained people to observe them (Albliwi, Antony and Lim, 2015). Each role in
this method has to be meet as it includes some responsibilities if they are not met then the
company won't be able to reach success.
The primary advantage of the just-in-time system is the reduction of inventory carrying costs. If
implemented correctly, then it also improves operational efficiency and reduces waste. The
primary disadvantage is the system’s susceptibility to disruption
CONCLUSION
From the above repost it can be analysed that Toyota motor corporation has been considered as
the important among the global level of development of as the leaders at global level in sales of
hybrid level of electric vehicles along with being the largest encouraging company df mass
communications market adoption within the respect of hybrid vehicles across the development of
globe. The issues which are been identified t have effective level of development of operational
management in order to have achievements of major level of compete advantage in global world
development. The company have the major level of concern in developing their ethical code of
conduct so the Toyota can have enough level of contribution in more of ethical manners which
makes the company and employee to have correct level of implementor of strategy. This have the
entry the employees with have the well-defined which are considered to major responsibilities in
ways of production system and providing encouragements to have starving overall
improvements.
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REFERENCES
Books and Journals
Online
Heizer, J., Render, B. and Munson, C., 2017. Operations management. Pearson Education
Limited.
Reid, R.D. and Sanders, N.R., 2019. Operations management: an integrated approach. John
Wiley & Sons.
Morschett, D., Schramm-Klein, H. and Zentes, J., 2015. Strategic international management (pp.
978-3658078836). Springer.
Monden, Y., 2019. Toyota management system: Linking the seven key functional areas.
Routledge.
Zokaei, K., Lovins, H., Wood, A. and Hines, P., 2017. Creating a lean and green business
system: techniques for improving profits and sustainability. Productivity Press.
Lavassani, K.M. and Movahedi, B., 2017. Applications driven information systems: Beyond
networks toward business ecosystems. International Journal of Innovation in the Digital
Economy (IJIDE), 8(1), pp.61-75.
Dillon, A.P., 2019. A study of the Toyota production system: From an Industrial Engineering
Viewpoint. Routledge.
Lalhmingsangi, K., 2018. Production, Utilization and Marketing of Non-Timber Forest Products
in Joint Forest Management in Mizoram.
Allen, T.T., 2019. Design for Six Sigma. In Introduction to Engineering Statistics and Lean Six
Sigma (pp. 543-550). Springer, London.
Albliwi, S.A., Antony, J. and Lim, S.A.H., 2015. A systematic review of Lean Six Sigma for the
manufacturing industry. Business Process Management Journal, 21(3)., pp.665-691.
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