Background a. The relevance of Japan in global production and supply chain b. Economical impact of the Japanese Disaster 2- Impact on global production in important industries a. Automobile Industry i. Toyota b. Electronics Industry 3- Collateral impacts of the disaster a. Increase in electricity costs b. Explanation of why the yen is so strong. i. Supply Chain ii. Cheap Investment iii
Words: 7621 - Pages: 31
Autoliv’s lean manufacturing environment is called the Autoliv Production System (APS), and is based on the world’s largest automobile manufacturers, and embodied in its Toyota Production System (TPS). At the heart of Autoliv is a system that focuses on continuous improvement. Based on the “House of Toyota”, Autoliv Ogden, Utah, air bag plants put the concepts embodied in the house to work every day. The only difference between the Toyota house and the one at Autoliv is that the company has added a third
Words: 1432 - Pages: 6
Keiretsu Translated literally, it means headless combine Keiretsu is a Japanese word which, translated literally, means headless combine. It is the name given to a form of corporate structure in which a number of organisations link together, usually by taking small stakes in each other and usually as a result of having a close business relationship, often as suppliers to each other. The structure, frequently likened to a spider's web, was much admired in the 1990s as a way to defuse the traditionally
Words: 6330 - Pages: 26
1. Historical Background of Toyota’s Production System Kanban System was found by the Vice-President of Toyota Motor Company Taiichi Ohno in the middle of the 20th century. The idea behind Kanban System came from US supermarkets and this system is about producing only the necessary products, at the necessary time, in necessary quantity (Sugimori et al., 1977). The starting point of Kanban was the recognition of diversity of Japan’s features and the idea is developed by considering the two distinct
Words: 2554 - Pages: 11
Kelley Blue Book, as of June 2012, the highest consumer rated hybrids are listed below along with their scores: 1. 2012 Toyota Prius C 9.7 / 10 2. 2011 BMW X6 9.5 / 10 3. 2011 Mercedes-Benz S-Class 9.4 / 10 4. 2011 Lincoln MKZ 9.2 / 10 5. 2011 Honda CR-Z 9.2 / 10 (Listing provided by Kelley Blue Book, www.kbb.com, 2012) “The 2012 Toyota Prius C is the number one choice of consumers. The biggest advantages begin with the low starting price below $20,000
Words: 2879 - Pages: 12
Toyota’s plant management team, through the guidance of the project manager, must consider the risks of redesigning the factory for added capacity, the risks along the timeline of the project, and the risks for launching the full new system. Further, a
Words: 1891 - Pages: 8
Lean Management In Automobile Industry Lean Management In Automobile Industry Arvinder Singh, Bargavi Poloju, Inderpreet Kaur, Inderjeet Kaur, Jaskaran Singh Gill Eastern Institute of Technology September 10, 2015 Abstract Lean and six sigma are widely known business improvement processes for industries /organisations these days for achieving drastic results, which are majorly cost cutting, quality maintenance and time management by specializing in processes to boost performance. Nowadays
Words: 4468 - Pages: 18
the transport or the transfer process into the TMS line. This can easily be examined using Jidoka. Additional focus needs to be placed on ensuring that the number of seat options is not contributing to the number of missing parts and that the JIT information exchange is correct. Again, a Jidoka process would uncover quickly the issue and likely result in recommendations to alleviate this problem. A short term solution might including placing additional Vendor Managed Inventory “golden” seats on-site
Words: 611 - Pages: 3
We think that the overall presentation on Ford was good and a lot of information over and beyond the case was discussed and presented. Even then we feel that there were plenty of issues the team could have handled in a better manner. The first area they lacked was describing the specific initiatives by Ford like the Ford Retail Network (FRN), Ford Production System (FPS) and Order to Delivery (OTD) in more depth. Secondly they left the main issue quite open to debate and not specific in terms
Words: 689 - Pages: 3
Running head: INTERCLEAN INC-STRATEGIC ALIGNMENT-MBA-530 InterClean Inc-Strategic Alignment-MBA-530 Brian R. Duncan University of Phoenix February, 2008 InterClean Inc-Strategic Alignment-MBA-530 Introduction In developing human resources (HR) management approaches to the InterClean Inc. scenario, fundamental principals are necessary for the completion of a unified plan. The creation of business unit interdependence, based on a central company vision that is communicated
Words: 3465 - Pages: 14