Part B – Toyota Production System Report
The Toyota Production System (TPS) is a socio-technical system developed by no less than Toyota Corporation, the largest automobile manufacturer in the planet. The said system summarizes their management and production principles and philosophies. What makes the said system fascinating is the fact that it is one of the reasons why Toyota has been continuously bagged awards in its industry and is now being hailed as the alpha in the international automobile industry—both by its customers and business analysts. In Part A of this report, the author has outlined the different advantages of the TPS, how it can ...