What is Lean Manufacturing?

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Issue:

Business

 

Written by:

Leeanna M

 

Date added:

August 16, 2011

 

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Grade:

A

 

No of pages / words:

3 / 801

 

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9162 times

 

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Essay content:

Although it originates from a time when the Toyota of today was a manufacturer of power looms, in its modern form, lean was pioneered by Toyota Motor Co. in the 1950's, when it dared compete with U.S. automakers who at the time dominated a seemingly impenetrable U.S. automobile market. Looking back: Like many Japanese manufacturers of the time, Toyota realized that to compete in America, it would need to produce high quality product in very short lead-times...
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This was a requirement to both profitably react to customer demand, as well as float the cash needed to finance the asset poor company. Around this time, Mr. Eiji Toyoda, the nephew of the company's founder, tasked Taichi Ohno, a twenty year veteran of the company, to become a part of the solution. Inspired by a diverse range of inputs ranging from Fords mass production environment to American grocery stores, over the next decade the Toyota Production System was born...
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