TOYOTA PRODUCTION SYSTEM
Submitted To:
Prof. A.K. Dey Submitted By: Abhishek Sharma-11DM006 Aditya Arora- 11DM010 Avni Gupta- 11DM034 Bharti Verma- 11EMPDM198 Kumar Gaurav- 11EMPDM201 Anurag Singh- 11EMPDM197
Introduction:
The Toyota Motor Corporation was founded in 1937 by Kiichiro Toyoda. It originally started as a subsidiary of his father’s company Toyoda Industries. The first vehicle, the Toyota AA, was produced in 1936 whilst the company was still associated with Toyoda. The brand as we know it became established as an independent company in 1937 and changed their name to Toyota. In the year 2000, Toyota was the world's third largest car company and the largest car company in Japan. As of June 2012, Toyota is the world’s largest automaker with a 9.8 percent share of the automobile global marketplace.
The Toyota Production System (TPS) is an integrated socio-technical system, developed by Toyota that comprises its management philosophy and practices. The TPS organizes manufacturing and logistics for the automobile manufacturer, including interaction with suppliers and customers. The system is a major precursor of the more generic "lean manufacturing". The lean manufacturing philosophy includes concepts such as customer relations, product design, supplier networks and operations. The lean manufacturing practices have made Toyota achieve low cost production and allowed them to manufacture high quality cars at lowered costs. Toyota Motor Company has been successful because of its unique reduction systems