Supplier and Customer Relationships in Toyota Manufacturing USA: Proposal of Development of Advanced TPS for Global Production Strategy

Toyota Motor Corporation has developed a process to enhance the supplier and customer relationships through their Tier 1 shipping process. The Tier 1 shipping entity is the supplier to the customer producing the completed product. In their system, quality gates are inserted into the process to act as the gates from order through shipment to ensure the correct material is ordered and shipped on the proper dates to sustain Just-in-Time delivery. This paper describes the Toyota Manufacturing USA process to fulfill customer orders and build a successful business relationship.

Productivity Improvement with Equipment Owner TPM Management at Toyota Manufacturing USA: Highly Reliable Production System for Expanding Global Production

The equipment reliability plays a critical role in business success because degradation in equipment condition negatively impacts plants’ output. When Toyota Motor Corporation operates overseas plants, equipment reliability management is one of the most important hurdles for global production which has to be overcome. It is important to develop an equipment reliability management program to minimize support from Japan to let overseas plants become self-reliant.This article explains how the Advanced TPS can be applied specifically to the equipment reliability process with equipment owner Total Production Maintenance (TPM). This business process focuses on managing equipment reliability to meet the business goals of Toyota Manufacturing USA.

EXPLORING THE POTENTIAL OF LEAN PHILOSOPHY TO SPREAD THE VALUE OF SUSTAINABILITY IN THE JAPANESE AUTOMOBILE INDUSTRY: THE CASE OF TOYOTA MOTOR CORPORATION

The criticality of sustainability suggests the need to understand how commercial organization could implement sustainable development. This paper focuses on lean manufacturing and intends to explore the potential of lean philosophy to bring the value of sustainability into an organization. The ultimate purpose of the study lies in the comparison between the possibility of lean philosophy to lead to something remotely resembling a contribution to strong sustainability and what lean enterprise present in the sustainability report. According to the lean practices implemented in Toyota Motor Corporation and previous literature about lean philosophy, we explore how lean philosophy could assist spread the value of sustainability initiated by the top management and construct sustainable development in the corporate value chain. The result shows that the corporate philosophy could assist in achieving a consensus among all the stakeholders and mobilizing them moving towards sustainable development. The value of sustainability can also be beneficial from the process of implementing lean practices. However, the report implies that Toyota focuses more on how to utilize lean tools to achieve technological optimization in operation to address sustainability issues, rather than having a thorough understanding of the ecological limits of the planet. This paper offers some helpful reference to lean manufacturing and discuss the potential role of lean philosophy in the construction of sustainable development.

DOMINANT BUSINESS-TO-CUSTOMER RELATIONSHIPS IN THE ERA OF COVID-19 PANDEMIC

Establishing proper relationships with customers is a subject matter of interest of many researchers and managers due to increasing competitive forces in the market and decreased demand. The importance of business-to-consumers (B2C) relationships developed even stronger in Covid-19 pandemic times. The main purpose of the study is to identify the dominant changes in business to-consumers relations that allow the business to achieve success in the new pandemic reality. An assumption was made in the paper, that proper business-to consumers relationships are key determinants of organisational success in times of a crisis. The theoretical deliberation, based on critical literature review, are supplemented by empirical research conducted in a form of a case study based on Toyota Motor Corporation example. Further fields of study are also identified.

Empirical Study of Toyota Motor Corporation Relative to the Good to Great Framework

Best-selling business bookGood to Great was published in 2001 as the result of an effort to understand what characteristics, if any, companies who experience an extended run of greatness have in common compared to companies who do not. The resulting seven-component framework of Good to Great has brought the book both wild acclaim in management circles and heavy scrutiny in the research arena. While the book originally studied only American companies, this research will examine Good to Great’s research methodology and definition of “great” in order to compare the framework to Toyota Motor Corporation. A consistent tenant in Fortune’s Global 500 top 10, Toyota is arguably one of the most successful companies in the world, showing a growth that has been remarkably steady for almost 80 years. This paper examines empirical data and evidence from Toyota research and analyses the degree of fit relative to the Good to Great framework. The outcome of the paper offers evidence to support Good to Great framework by putting it on trial against a large international organization.

Portfolio Market Risk Assessment Using Value-at-Risk (VaR) Method – Historical Stimulation

One of the main VaR methods on theoretical aspect – Historical Simulation to Portfolio is explained in this article. Portfolio market risk measurement is carried out towards the shares of the particular companies – The Procter & Gamble Company (PG), Toyota Motor Corporation (TM) and Nokia Corporation (NOK).

40. Internationales Wiener Motorensymposium 15.-17. Mai 2019

Dieser zweibändige Bericht macht die Vorträge des 40. Internationalen Wiener Motorensymposiums (15.-17. Mai 2019) einer breiten Öffentlichkeit zugänglich. Ziel der Wiener Motorensymposien ist es, Themen von besonderer Aktualität auf dem Gebiet des Verbrennungsmotors zu behandeln. Herausgeber ist der Österreichische Verein für Kraftfahrzeugtechnik (ÖVK), Wien. 1. TAG Inhaltsverzeichnis Seiten Dr. Volkmar Denner, Vorsitzender der Geschäftsführung, Robert Bosch GmbH, Stuttgart: Über die Motorhaube hinaus – Mobilität neu denken Beyond the Hood – Rethinking Mobility Extraheft Keiji Kaita, Field General Manager, Powertrain Company, Toyota Motor Corporation, Aichi, Japan: Diversifizierte Elektrifizierung – Kernpunkt bei Toyotas Streben in Richtung nachhaltiger Gesellschaft Diversified Electrification – The Key for Toyota’s Challenge towards a Sustainable Society 1 – 16 Henrik Green MSc, Senior Vice President, Research & Development, Volvo Car Group, Götebo...