Module 3 Case Strategic Management February 20, 2012 Toyota inbred Analysis Toyota like near companies has its strengths and weaknesses. In a machinate analysis we bequeath limited review Toyotas strengths and their weaknesses. I will in like manner review how they require advantage of their strengths or how they dont and take a look at the weaknesses and how they can be improved upon. A strength of Toyota that sets them apart from other car manufactures is the JIT method or Just In Time process. This method has proven to be effective and cost high-octane for them. This leads to lower costs on the automobiles they produce which in turn give consumers a fracture price. They also have a lean manufacturing that cuts costs and keeps inventories find down and speeds up the output process. Toyota strives to effectively use resources to maximize production and minimize costs. This type of lean manufacturing has made Toyota a draw in the auto indust ry. Suppliers are strength. Strong relationships with suppliers call for an efficient manufacturing process. Suppliers are a key ingredient in the Kanban System. Toyota occupation System is one of the items in which Toyota Motor Co. instructs the suppliers.
This outline is also called the Kanban system and has become well-k nowadaysn internationally for its dainty sum of money of stocks and thorough rationalization. Toyota issue System has two major features, Just-in-Time Production and Jidoka (Automatic line stopping when something goes wrong) (Kanban System, No date). Toyota gear up that horiz ontal liquify proves to be cost effective, ! risk reducing, and enlarge benefits. Understanding the splendour of good relationships with suppliers, Toyota sought out to attend to with management, help engine room expertise, and even offered to finance dominance investments. Toyota strives for the best and only goes subsequently the best suppliers of Japan and now the United States ( Kotelnikov, No date). subjection is another strength we will look at....If you want to clear a full essay, army it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment