Toyota Tundra

The lean management methodology upon which this book was based began from the lean manufacturing principles developed by Taiichi Ohno for the Toyota company in the mid-1900s. Ohno’s approach to production was anything that did not provide immediate value to the customer was considered a waste of resources and subsequently eliminated. This revolutionized Toyota’s manufacturing procedures and inspired many modern project management styles used today. Eric Ries, author of The Lean Startup, applied…

Introduction Toyota Motor Corporation is a Japanese manufacturer and is one of the 8Th largest company by revenue and largest automotive manufacturer. . It engages in the design, manufacture, assembly, and sale of passenger cars, minivans, commercial vehicles, and related parts and accessories Strategic Statement “Toyota will lead the way to the future of mobility, enriching lives around the world with the safest and most responsible ways of moving people. Through our commitment to quality,…

THE COMPANY Toyota Motor Corporation is a Japanese automotive manufacturer headquartered in Toyota, Aichi, Japan. In March 2014 the multinational corporation consisted of 338,875 employees worldwide and, as of February 2016, is the 13th-largest company in the world by revenue. Toyota was the largest automobile manufacturer in 2012 (by production) ahead of the Volkswagen Group and General Motors. In July of that year, the company reported the production of its 200-millionth vehicle. Toyota is the…

The long and illustrious story of the Toyota Company begins with a carpenter’s apprentice and his dream to change the world. When Japan reached out to its citizens to find innovators and inventors during the Industrial Revolution, Sakichi Toyoda quickly answered the call. Sakichi Toyoda was inspired to create a better loom after witnessing his mother struggling to use a loom. While he first created an easier-to-use manual loom in 1891, he eventually created Japan’s first automatic loom under…

was incorporated in 1925 with capital of 500,000 pesos ($250,000). Adrian Rene Lajous, a Mexican of aristocratic parentage who was appointed managing director of the firm, knew President Plutarco Elí Calles personally and negotiated customs, tax, and railway freight-rate concessions from the government. Ford obtained a 50 percent rebate on duties for materials imported into Mexico. The company also was promised by the government that there would be no problems with the unions; however, a union…

forming a ‘T’ shape for Toyota. The outer oval signifies the world embracing Toyota. Each oval made with strokes of different thicknesses hence directing to Japanese calligraphy art and culture. The space, that is in the background (within the logo), is signifies the ‘infinite values’ which Toyota stands for. And they are: superb quality, value beyond expectation, the exhilaration of driving, being innovative, integrity in safety, the environment and social responsibility. Toyota motor own four…

Executive summary: Since the replacement tire market had matured and new channels had gained share, Goodyear wants to make a strategic decision for its product lines by innovating. The new product is called Aquatred, it is a replacement tire for passenger cars designed for driving under wet conditions. For that matter, in order to decide whether to go through with this innovation, Goodyear has to weigh the risks along with the benefits of launching this product. Although Goodyear has a strong…

1.0 Introduction Daikin is one of the Japanese multinational air conditioner manufacturing company which produce quality air conditioner worldwide. Their company headquarter is developed in Osaka, Japan. Daikin has operations not only in Japan but also in China, Australia, India, Southeast Asia, Europe and North America. It is the world second largest corporation in the fluorine chemistry industry. In the early 1960’s, the company was renamed Daikin Kogyo Co Ltd. However in the 1980’s, it was…

a. Sony is a Japanese conglomerate corporate with headquarter in Tokyo, Japan. It was founded by Akio Morita and Masaru Ibuka in 1946. It was ranked at the 105th in the list of Fortune Global 500 last year. Sony’s main products and services include electronics, games, entertainment and services such as banking & insurance. Notably, Sony is the fourth largest TV manufacturer after Samsung Electronics, LG Electronics and TCL. Sony’s slogan is BE MOVED. b. Sony has reported to have a net loss of…

industry, there are huge costs to be encountered hence the firms always opt to stay put even in the face of bankruptcies. Companies in the industry also competes in innovation and this enhances the levels of competition witnessed in the industry (Toyota Motor Corporation, 2014). In the same vein, customer loyalty is also high within the industry and this makes competition extremely high. Key success factors in the automotive industry One of the key successful factors in the industry relates…