Process and product innovations of Toyota
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December 8, 2016
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Put together, they are known as the Toyota Production System (TPS), and this radical process innovation strategy, though once scoffed upon by many industry insiders, has brought the standard of efficiency to new levels.
Toyota?fs Process Innovation
TPS is the essential framework and philosophy organizing Toyota?fs manufacturing facilities, and the interaction of these facilities with the suppliers and customers...
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Its main objective is to eliminate Muda, ???E (waste), a term now familiar even with its American subsidiaries. As quoted by Bruce Bremer, facility engineering manager at Toyota?fs North America manufacturing system, ?gWhere?fs the Muda? Is it overtime? Reduce it. Is it your indirect material costs? Find out why your costs are higher than the benchmark and find ways to reduce them,?h he said ...
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