Supply Chain Analysis Toyota

1130 Words5 Pages
Supply Chain Analysis: Toyota revolutionized automotive supply-chain management by anointing certain suppliers as the sole source of particular components, leading to intimate collaboration with long-term partners and a sense of mutual benefit.
Toyota and its suppliers achieved made possible the “just in time” approach to delivering components to the assembly plant. Toyota’s JIT Revolution JIT was developed by Taiichi Ohno of Toyota in 1970. Taiichi Ohno is known as the father of JIT and his motivation to come up with JIT production system was to meet customer demands with minimum delays. This system focuses on reducing wastage of raw materials, lowering inventory and storage cost by producing goods at the time they are exactly
…show more content…
• Oct. 1, 1908: Ford introduces the Model T, the most popular cars in the world. Production officially ended in May 1927 after total world production of 15,458,781.
• 1913: The Highland Park plant in Michigan begins operations as the first moving automobile assembly line in the world.
• 1987: Ford acquires 75 percent of Aston Martin Lagonda, Ltd.
• 1988: Ford 's worldwide earnings were $5.3 billion, the highest of any auto company to date.
• 1993: Ford begins production of the Flexible-Fuel Vehicle (FFV) Taurus. FFVs can burn gasoline, ethanol or mixtures of the two
• 2005: Ford 's new gas-electric hybrid SUV, the Mercury Mariner, goes on sale Ford has been facing tough competitions from many companies as new technologies and practices have emerged. Innovation is a key factor in capturing market share in this dynamic business environment. Henry ford, the founder of Ford Motors, was an innovator in offering car for the masses. He introduced methods and systems to the car industry that were innovative in his time. Ford company needs similar innovations to get grip on the
…show more content…
Ford is taking active steps to “Go Further,” moving beyond sustainability compliance toward sustainability leadership in the field of human rights and working conditions. The logistics operations provide the safe and efficient transport of parts and components from our suppliers to our manufacturing plants (“inbound” freight), and of finished vehicles from our plants to our dealerships (“outbound” freight).

Ford CSR Report

Ford is committed to prevent or reduce environmental, economic and social harm due to climate change. To meet these climate stabilization goals, they are following an ambitious plan to make their products emit less carbon dioxide.

Responding to the risks and opportunities presented by climate change, Ford’s science-based global strategy aims to reduce greenhouse gas (GHG) emissions from the operational processes. It also encompasses Ford’s Sustainable Technologies and Alternative Fuels Plan to deliver high-quality products that meet consumer demand while also helping to stabilize atmospheric carbon dioxide (CO2) at 450 parts per

More about Supply Chain Analysis Toyota

Open Document