Content Inside :
Balanced Global Sales vs. Predominantly Export Based Production
3-year stock price comparison
Strongest Stock Market Performance Relative to the Industry
* Revolutionized manufacturing industry
* At its core is “lean” principle
o Relentless drive to improve efficiency and eliminate waste
* Beginnings of TPS were born out of necessity due to lack of resources in post-war Japan
Toyota Production System: Key Main Concepts
* Just In Time manufacturing
* Small batches which reduced inventory costs, tightened relationship with suppliers and improved quality control
* Low cost supplier
* Asking “Why?” 5 times to locate source of problems
* Stopping the production line whenever there are quality problems to ensure they are not repeated
* Consolidation
* Push to Emerging Markets for Growth
* Global Emphasis on Small-Size Vehicles
* Environmentally Friendly Products
* Internet as a Key Enabler of Change of Automotive Retailing
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Category : Toyota