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Lean Production, Lean Manufacturing, Lean Production, Lean Manufacturing, Lean Production, Lean Manufacturing Toyota Production System (TPS): Lean Manufacturing
Toyota’s
global competitive advantage is based on a corporate
philosophy known as the Toyota Production System. The
system depends in part on a human resources management
policy that stimulates employee creativity and loyalty
but also on a highly efficient network of suppliers and
components manufacturers.
The
fundamental reason for Toyota's success in the global
marketplace lies in its corporate philosophy - the set
of rules and attitudes that govern the use of its
resources. Toyota have successfully penetrated global
markets and established a world-wide presence by virtue
of its productivity. The company's approach to both
product development and distribution is very
consumer-friendly and market-driven. Toyota's philosophy
of empowering its workers is the centrepiece of a human
resources management system that fosters creativity and
innovation by encouraging employee participation, and
that likewise engenders high levels of employee loyalty.
Knowing that a workplace with high morale and job
satisfaction is more likely to produce reliable,
high-quality products at affordable prices, Toyota have
institutionalized many successful workforce practices.
Toyota has done so not only in its own plants but also
in supplier plants that were experiencing problems.
Although many
car manufacturers have earned a reputation for building
high-quality cars, they have been unable to overcome
Toyota's advantages in human resource management,
supplier networks and distribution systems in the highly
competitive car market. Much of Toyota's success in the
world markets is attributed directly to the synergistic
performance of its policies in human resources
management and supply-chain networks.
Ø An
effective and efficient human resources management
system, the cornerstone of which is a high level of
employee loyalty and commitment to quality.
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