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    Toyota Production System: TPS Manufacturing Waste Nampachi Hayashi TPS Waste

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    abcdei cruz
    The Toyota Production System (TPS) was developed by Toyota to organize manufacturing and logistics efficiently through minimizing costs and waste. TPS focuses on eliminating waste so that inventory needs are minimal, increasing cash flow and reducing space needs while smoothly delivering products to customers. Known also as "lean manufacturing" and "just-in-time production," TPS is largely responsible for Toyota's success as the leading automotive manufacturer, transforming the company from near bankruptcy in the 1950s to steady profits and growth.

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    Toyota Production System: TPS Manufacturing Waste Nampachi Hayashi TPS Waste

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    abcdei cruz
    39 views1 page
    The Toyota Production System (TPS) was developed by Toyota to organize manufacturing and logistics efficiently through minimizing costs and waste. TPS focuses on eliminating waste so that inventory needs are minimal, increasing cash flow and reducing space needs while smoothly delivering products to customers. Known also as "lean manufacturing" and "just-in-time production," TPS is largely responsible for Toyota's success as the leading automotive manufacturer, transforming the company from near bankruptcy in the 1950s to steady profits and growth.

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    The TPS

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    The Toyota Production System (TPS) was developed by Toyota to organize manufacturing and logistics efficiently through minimizing costs and waste. TPS focuses on eliminating waste so that inventory needs are minimal, increasing cash flow and reducing space needs while smoothly delivering products to customers. Known also as "lean manufacturing" and "just-in-time production," TPS is largely responsible for Toyota's success as the leading automotive manufacturer, transforming the company from near bankruptcy in the 1950s to steady profits and growth.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    39 views1 page

    Toyota Production System: TPS Manufacturing Waste Nampachi Hayashi TPS Waste

    Uploaded by

    abcdei cruz
    The Toyota Production System (TPS) was developed by Toyota to organize manufacturing and logistics efficiently through minimizing costs and waste. TPS focuses on eliminating waste so that inventory needs are minimal, increasing cash flow and reducing space needs while smoothly delivering products to customers. Known also as "lean manufacturing" and "just-in-time production," TPS is largely responsible for Toyota's success as the leading automotive manufacturer, transforming the company from near bankruptcy in the 1950s to steady profits and growth.

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    Toyota Production System

    The Toyota Production System (TPS)  is an integrated socio-technical system developed by


    Toyota (automotive manufacturer) to efficiently organize manufacturing and logistics,
    including the interaction with suppliers and customers, to minimize cost and waste.  Nampachi
    Hayashi claims that TPS should have been called “Toyota Process Development System.”

    The philosophy is to work intelligently and eliminate waste so that only minimal inventory is
    needed. This increases cash flow and reduces physical space needs, and makes it easier to deliver
    the required results smoothly through internal processes one piece at a time (single piece flow) to
    the end customer.

    The system is also known by the more generic “lean manufacturing” and “just-in-time


    production” or “JIT Manufacturing.”

    This system, more than any other aspect of the company, is responsible for having made Toyota
    the company it is today. Toyota has long been recognized as a leader in the
    automotive manufacturing and production industry. In the early 1950s, the company faced near
    bankruptcy. After that major event that transformed the company, they have recorded steady
    sales and market-share growth, with hardly any years that have not been profitable.

    The majority of the system was originally developed beginning in 1948 through 1975, with
    major influences from Taiichi Ohno, Eiji Toyoda, and Shigeo Shingo.

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