The Toyota Production System (TPS) was developed between 1945 and 1970
and it is still evolving today. The 1973 oil crisis hit Japan at least as hard as it hit
America and Europe. By 1974, Japan's economy had collapsed to a state of nought
growth. At Toyota Motor Company, although profits suffered, greater earnings were
sustained in 1975, 1976 and 1977 than at other Japanese companies. The widening
gaps between Toyota and other Japanese companies opened the eyes of others in
Japan to this phenomenon called the Toyota Production System and it began spreading
rapidly in Japan.
Toyota branched off of the Toyoda automatic loom company, founded by Sakichi
In the 1930s, when the Japanese military started fighting in Manchuria, they used
mainly foreign-made trucks. Unfortunately at that time worldwide depression made
money in short supply for the Japanese government, and mass production of autos
within Japan would both reduce costs and provide needed jobs, giving them control and
independence. In 1936, Japan established licensing for automakers in the country,
demanding that a majority of stockholders and half the ownership, as well as the
officers, had to be Japanese; in 1939, imports were practically halted. In this
atmosphere, the Toyoda Automatic Loom Works began to experiment, with a prototype
ready in 1935, and the sale of patent rights to a weaving machine providing much of the
necessary funding for experimentation and tooling. Toyoda's car operations were
placed in the hands of Kiichiro Toyoda, Sakichi Toyoda's son.
Many credit Toyota's success to aspects of the Toyota Production System,
established by Taichi Ohno and Shigeo Shingo from the late 1950s through 1970 (when
it gained the name). It includes aspects of autonomation, just-in-time production, and
continuous improvement, reducing both inventories and defects. The system is used
worldwide, but is only one of...
Automotive Companies essays:
... manufacturing systems also are efficient to meet the quality and flexibility. Toyota Motors is the competitor that DaimlerChrysler AG should put spotlight on. Company has the strong position in Asia. With the efficiency in manufacturing plants worldwide, company can produces product ...
... Japanese concern maintain the close relation between its suppliers. Supplier's views about the company, The suppliers of both the concerns enjoy the benefits they offer. Even tough the suppliers for the Toyota motor company gets less share from the profit ...
... for Japanese companies to enhance their business. And new information technology and production practices ...
... why TMMNA and TAC Manufacturing is similar is TAC follows Toyota Production System ( TPS ). TMMNA get raw materials from TAC and then store it ... other Japanese factories. TMMNA also demands their suppliers who have production plants within a radius of 30km of TOYOTA plants ...
... significant company in the evolution of the production system. Before Toyota entered the manufacturing scene, mass production was the only viable way to manufacture automobiles. Toyota's flexible production techniques made huge improvements in automobile production. Even ...
... the stock exchange regarding to GM and Ford. 4. THE TOYOTA PRODUCTION SYSTEM Toyota Motor Company started to incorporate Ford production, Statistical Process Control and other techniques into an approach called ... is, Japanese manufacturers led departure from Fordism mass production system to ...
... actual companies and products mentioned herein may be the trademarks of their respective owners. For more information, press only: (Carla King), (firstname.lastname@example.org) For more information on Toyota Motor Company: http://www.toyota.com/ References Crisis Definitions ...
Toyota Motor Manufacturing: what is the root cause of the problem facing TMM's production and how should the manager of assembly address the seat defect problem?
... areas have the most impact on the assembly process. The Toyota Productions System (TPS) was created to help deal with the challenge of cutting ...