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Essay / Research Paper Abstract
This 3 page paper reports The Toyota Way, including their 4 P model of operations and their six keys to logistics. The writer comments on their use of JIT and local sourcing as well as one of their contingency plans if suppliers in North America go out of business. Bibliography lists 3 sources.
Page Count:
3 pages (~225 words per page)
File: MM12_PGtylg9.rtf
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Unformatted sample text from the term paper:
first company in the world to be completely successful with lean manufacturing processes. The Toyota Way is a 4 P model that is illustrated as a pyramid. The lowest
level is the Philosophy, which is based on long--term thinking and is what all managers base their decisions on (Liker, 2005). The next level is Process which is concerned with
eliminating waste and creating a process flow (Liker, 2005). One of the tenets here is to stop if a quality problem identified (Liker, 2005). The next level is People and
Partners with underlying values of respect, challenge and to grow them (Liker, 2005). At the top of the pyramid is Problem Solving which is translated as continuous improvement and learning
(Liker, 2005). If the 4 Ps remind you of Demings Total Quality Management approach, you would be correct. That is exactly what this model is based on. Lean manufacturing
is one of the basic foundations of Toyota. It shortens the time between the time a product is ordered and when it is built and delivered (Liker, 2005). Anything that
does not accomplish that goal is considered wasted to be eliminated. Having a lot of inventory is also considered waste and something that results in lower productivity (Liker, 2005). This
is why Toyota adopted just-in-time (JIT) supply chain management many, many years ago. JIT is about having the right raw materials or components at the right time so that there
is little or not inventory of these parts (Liker, 2005). This eliminates time and space which would be wasted with large inventories. Taiichi Ohno said: "The more inventory a company
has, the less likely they will have what they need" (Liker, 2005). Toyota identifies six "keys to Logistics Performance": * Packaging: mixed box sizes, same pallet. Stackability of pallets same
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