toyota_cfm.pptx

8/12/2019 TOYOTA_CFM.pptx

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Japanese company, founded in

1937, that engages in the design,

manufacture, assembly, sale of

passenger cars, minivans,commercial vehicles, and related

parts.

Leading auto manufacturer and

the eighth largest company in

the world.

Produce automobiles of great

quality at best prices, thereby

providing a value for money to

the customers Toyota headquarters building inToyota City, JapanMarch 24, 2014 2


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Effective Management

Strong market position and brand recognition

Strong focus on R&D

Strong bonding with suppliers Extensive production and distribution network

Competitive advantage across the supply chain

Industry leader in manufacturing and production.

Quick conversion from concept to showroom Engineer in direct contact with dealers and customers

Maximizes profit through efficient lean manufacturing

approaches. (Total Quality Management) and JIT (Just in Time)

Strong financial performance

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Declining sales in key geographic segments, weak presence

in the emerging markets

Poor allocation of resources as compared to peers

Too much reliance on Kaizen

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Changing needs of customers and Growing global

automotive industry

Customization is the key

Close contact with customers To expand more aggressively into new segments of the

market - especially in the emerging markets

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Fierce competition that provides consumer with a multitude

of choice

Changing usage pattern of consumers

Rising raw material prices Changing demographics e.g. number of large families is

declining. Undermining the demand for large family cars.

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Concept to showroom in less than four years

Closer to the customer and thus have shorter concept time

Chief engineer who has complete responsibility and authority

Direct contacts with both dealers and consumers

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Building the very best and giving

the customer what she/he wants

Built- to- order car in a week to 10

days

You personalize things more tomake them more reflective of

individual needs

Producing cars according to local

demand

In placing orders, dealers essentiallyreserve apportion of factory

capacity

Consumer with a multitude of

choice

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Toyota's manufacturing system allows consumers to order a

vehicle and have it built with the features they want and

receive it in seven to ten days--even though cars are a very

complicated product. Toyota produces a full line of basic sizes (including mini,

subcompact, compact, midsize, and full-size cars) with

several variations of each . Thus, Toyota produces a broad

product line while still offering individually tailored vehicles to

meet the needs and wants of unique consumers.

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Toyota uses technology to support people, not to replace

people. Often it is best to work out a process manually before

adding technology to support the process.

Conduct actual tests before adapting new technology inbusiness process, manufacturing systems or products.

Reject or modify technologies that conflict with your culture

or that might disrupt stability , reliability and predictability.

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Close relationships with its suppliers

Implementation of bilateral and multilateral, knowledge-

sharing routines with suppliers

In Toyota`s manufacturing system, parts and cars don`t getbuild until orders come from dealers requesting them.

Global investment of 13$billion to become a genuinely global

corporation without boundaries in this way, it will be able to

create worldwide manufacturing facilities that produce cars

according to local demand.

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Using operational excellence as a strategic weapon

Work grow and align the whole organization toward a

common purpose that is bigger than making money.

Learn by standardizing the best practices, rather thanreinventing the wheel with each new project and each new

manager/.

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Continue to undertake concerted efforts to strengthen its

management platform and raise corporate value.

Promote business and cost structure reforms to realize a solid

management platform. Maintain a streamlined structure through the reduction of

fixed costs and enhance its business in established markets in

developed countries

Accelerate business expansion into rapidly growing emerging

countries.

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Strive to establish production and supply structures to realize

optimum product pricing and delivery,

To enhance the value chain to provide a wide range of

customer services in each country and region Pursue the development of environmentally conscious,

energy-saving products Toyota Prius

Enhance the power of the workplace and diversity in the use

of human resources, and strive to nurture global human

resources.

Mass Customization

Execute a new information system to drive the fastest, most

efficient order-to-delivery system

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