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Toyota
Possibly the most well known and most well documented application of lean thinking but what results does it deliver?Lean Thinking is a set of management principles to Toyota, not just a set of tools, so it pervades all parts of the organisation.
|
2006 figures |
Motor Manufacturers |
||
|
|
Toyota |
Ford |
General Motors |
|
Units Sold (m) |
8.5 |
6.6 |
9.1 |
|
Revenue ($m) |
205,049 |
160,123 |
207,349 |
|
Net Income (loss) ($m) |
14,076 |
(12,613) |
(1,978) |
|
Profit (loss) per Vehicle ($) |
1,977 |
(1,962) |
(146) |
? In the early 1950's Toyota was number 4 in its' local market, it is now number 1 globally.
? Could these results be gained JUST by producing high quality products? or would you need to provide high VALUE to your customers?
? Did you know that Toyota had a version of the Tesco Clubcard way back in the 1950?s?
? Toyota has ?pulled-away? from its competitors by having a range of hybrid and smaller vehicles that its competitors don?t offer; did that happen by just having excellent manufacturing facilities? Or did it have an insight into what consumers would VALUE?
?2009 ResQ Management Resources Ltd. Reg No. 558 1973 Reg Office: 25 East Parade, York, YO31 7YB.