The Toyota Way is based on the Toyota Production System (TPS). Toyota developed the TPS in the 1950s as a response to automaker Ford's mass production systems. Eiji Toyoda, a member of the Toyota Group founding family, studied Ford's production system and realized Toyota couldn't achieve F...
Disintermediation is the process in which intermediaries are removed from the supply chain, so that the middlemen who get cut out, make the market overall more accessible and transparent to the final customers. Therefore, in theory, the supply chain gets more efficient and, all in all can produ...
Kaizen is the Japanese key for success. Where does it come from? Can you use it in your work? Learn the philosophy behind one of the most beloved business terms.
If you are on a special project, it might be somebody who is an expert at the Toyota Production System and they’re teaching you some aspect of TPS. But there’s somebody who is responsible for training and developing you and you treat them with the same respect that the apprentice would...
Get Techopedia's Daily Newsletter in your inbox every Weekday. Trending NewsLatest GuidesReviewsTerm of the Day By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time....
Innovation and Sustainability in the Energy Sector Article Why Leadership Training is Essential for Developing Effective Leaders? Article Maintenance and Quality: How to Overcome the Challenges in the Aerospace Sector? Article How can the Chemical and Plastics Industry Increase Efficiency?
Kanban originatedin the first half of the 20th century when Taiichi Ōno applied its principles in the Toyota Production System (TPS). His aim was to support non-centralized, "pull" production control, where Kanban cards represented parts available in stock. When the number of cards dropped, ...
As Leiter points out, physician burnout is in any case a massive issue. “For me, we don’t have to say that 50% of doctors are experiencing burnout for it to be a real problem. Even if it's 7%–8% of the workforce, that's a lot.” ...
“the place where value is created”. The Gemba Walk as a concept was created by Taiichi Ohno, the father of the Toyota Production System of lean manufacturing. Ohno wanted to encourage management executives to leave their offices and see where the real work happened. This, he hoped, would ...
Yokoten is a key concept inToyota Production System (TPS), and it is essential for improving communication and understanding among all members of the organization. In a nutshell, Yokoten is about collecting and sharing knowledge so that everyone in the organization has access to the same informatio...