presentation on toyota_motors[1]
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Presentation on Toyota MotorsPresentation on Toyota Motors
Supriya Rani Ekta Jindal Sakshi Kundra Harsimran Kaur
V.P. Mishra Sir
Agenda
Introduction of Toyota motors History of Toyota auto industry Global auto industry trend Toyota company background
Production history Business segments
Toyota total sales by region Toyota Production System -Goal,Principles Toyota’s strategy List of toyota vehicles Non-automotive activities Worldwide Presence and Ranking Results
Introduction On Toyota Motors
Toyota is 3rd largest automotive manufacturer Toyota Motor Corporation is headquartered in Toyota City, Aichi Toyota has annual sales of $120 Billion Produces ~5.5 million vehicles per year From 56 manufacturing plants across
6 continents Employs ~200,000 people
Headquarter of Toyota City, Aichi-Japan
History of Toyota auto Industry Established in 1937 out of Sakichi Toyota’s weaving
machine company Launched first car (SA Model) in 1947 “Toyota Production System” formed in 1950 based on just
in time principal First global expansion in 1959 at Brazil In 1972, cumulative production >10M units
Global Auto Industry Trends Overcapacity Economic downturn Shifting consumer demands European trade barrier reductions
Production History
0
1000
2000
3000
4000
5000
6000
1935 1936 1937 1940 1957 1960 1972 1980 1982 1988 1996 1999
Domestic Production Total ProductionUNITS
(thousands)
Business segments
Automotive Design, manufacture and sales of passenger cars,
recreational vehicles, SUVs and related parts
Financial services Provisions of loans to car buyers and car deales
Others Industrial vehicles (forklifts, etc.)
Toyota Total Sales By Region
The Toyota Production System Revolutionized manufacturing industry At its core is “lean”
a 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 SystemKey Main Concepts
SMED Single Minute Exchange of Dies Promoted flexibility of production runs
JIT Just In Time manufacturing Small batches which reduced inventory costs, tightened
relationship with suppliers and improved quality control
GOALS
The main objectives of the TPS are to design out overburden and inconsistency , and to eliminate waste.
SEVEN KINDS OF MUDAS
over-production motion (of operator or machine) waiting (of operator or machine) conveyance processing itself inventory (raw material) correction (rework and scrap)
Toyota’s Strategy
Increase competitive strength through advanced technology
Environmental technology fuel consumption, emission, recoverability
Hybrid vehicles and next generation fuel cells Cost-reduction efforts
discontinuation, integration of older models
Increased emphasis on financial services and information communication system
Worldwide Presence
Geographic region Total sales Japan 8,152,884 North America 8,771,495 Europe 3,346,013 Asia 1,969,957 Others 1,707,742
Ranking
Top 3 Automakers Global, OICA, 2010
Group Unit %share
Toyota 8,557,351 11.0
Gm 8,476,192 10.9
Volkswagen
7,341,065 9.4
Principles
1.Continuous Improvement Challenge (long-term vision, meeting
challenges with courage & creativity)
Kaizen (continuous improvement)
Genchi Genbutsu (Go to the source to find the facts to make correct decisions.)
2.Respect for People
Respect
Teamwork
3.Long-term philosophy
Base your management decisions on a long-term philosophy, even at the expense of short-term financial goals.
4.The right process will produce the right results
Create continuous process flow to bring problems to the surface.
Use the "pull" system to avoid overproduction.
Level out the workload (Work like the tortoise, not the hare.)
Build a culture of stopping to fix problems, to get quality right from the first.
Standardized tasks are the foundation for continuous improvement and employee empowerment.
Use visual control so no problems are hidden.
Use only reliable, thoroughly tested technology that serves your people and processes.
5.Add value to the organization by developing your people and partners
Grow leaders Develop exceptional people and
teams Respect your extended network of
partners and suppliers by challenging them and helping them.
6.Continuously solving root problems drives organizational learning
Used to thoroughly understand the situation
Make decisions slowly by consensus, thoroughly considering all options
Become a learning organization through relentless reflection and continuous improvement
Results
Reduction in leadtime and cost using the TPS
This enabled it to become one of the ten largest companies in the world.
It is currently as profitable as all the other car companies combined and became the largest car manufacturer in 2007.