Friday, 22 February 2013

Toyota Production System (Ref:The Toyota Way- Jeffery K Liker)

Words From Publisher:

        "It is not the strongest nor the most intelligent of species that survives, but the one that is most adaptable to change"

                                                      - Charles Darwin

Why Toyota Production System?

Toyota’s success as a company has been well documented. It has a well-earned reputation for excellence in quality, cost reduction, and hitting the market with vehicles that sell. Toyota’s impact on the world has gone beyond making money. It has even gone beyond making excellent vehicles people can enjoy driving. Toyota
has contributed a new paradigm of manufacturing. “Lean production,” a term coined in The Machine That Changed the World, is widely considered the next big step in the evolution of manufacturing beyond Ford’s mass production.It has gone way beyond mass production of automobiles to all types of manufacturing: chemical processing,pharmaceuticals, nuclear fuel, ship and aircraft construction, medical products,

building construction, shoe making, sewing, defense bases that repair planes and ships and tanks, and on and on. And if that’s not enough, there is a revolution in service industries working to apply lean thinking to drive out waste,including banks, insurance companies, hospitals, post offices, and more. The sum total of Toyota’s approach creates a unique culture that people throughout the world in many different kinds of organizations believe they can learn from.

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