Toyota - Importance of Operations Management

Importance of Operations Management 

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Executive Summary

It is known that the importance of operations management in any kind of business organization for all. Companies that do not follow planning in the Maintenance Operations Department are able to succeed as well as companies planning operations and processes.

The report takes, for example, Toyota Motor Corporation and identifies the fact that despite intense competition in the automobile industry, despite many industry crash, the company was able to make its mark on the world .

The company achieved a global presence and could very well be attributed to the excellent planning processes in each of the assembly line and in the product and process level. The company uses only time techniques to reduce waste and also aims to maintain the highest quality possible by applying kaizen techniques. Kanban is used, which is also known as banner technology to maintain tight production in the company.

Toyota has been able to perform, as well as having the most efficient process technology, planning and planning for energy management, and tight production techniques, and strategies for the improvement and development of technology suppliers keep going.

The company will have to make some changes in materials processing, information processing, and customers, processing and also in technology related to the size and diversity of the process.

It seems like the prospects of the company as it is brilliant, but the company has to make changes in technology accordingly. Toyota seems to be the best example possible to demonstrate operations management techniques as they have mastered the art of utilizing space and capability as well as providing the highest possible quality.

Introduction

The management of operations generally means the conversion of different types of inputs to usable outputs, through the use of physical processes. The main purpose of performing operations management is to take advantage of the productivity of existing resources, and create products that meet customer requirements and efficiently deal with operations without any clutter.

The responsibility of the operations management is to ensure that the production of the company passes continuously and without any interruption.

Six major aspects of operations that is responsible for the task of design and product design and management capabilities, organizations and systems development and production techniques and lean performance and improve strategic supplier development strategy is management.

All these six aspects are of vital importance for all types of companies, whether manufacturing, service or retail industry. There should be adequate planning six of these aspects to create a place in the market, and sometimes also to gain a competitive advantage.

You will need to manage operations to change strategies if there is a significant change in input related to materials, labor, capital and information technology.

Management of operations is also necessary to implement the change if there is a change in the size or variety of the demand for the product due to market factors. In such cases, the company may have to make a change in process technology, capabilities, information technology or the way in which the order of operations.

This assignment is designed to analyze six key aspects of operations management that set an example of Toyota Motor Corporation, which happens to be one of the largest automobile companies in the world. Toyota is known for its high quality products and the use of Kanban JIT operations management techniques and effective. They have been able to apply these techniques in the assembly line and other places in course.

Company Background

Toyota Motor Corporation is headquartered in Toyota, Aichi, Japan. The company was found in 1937 by Sakichi Toyoda. A factory was established in Honsha, which began production in 1938.

The company was faced with a financial crisis in 1950 and then was the founding of Toyota Motor Sales Co., Ltd .. Another Motomachi factory was established and in 1965 it received a Award for quality control, for the first time, which is also known. And it became one of the world's largest and largest producing companies in Japan. (Toyota, undated).

After World War II, Toyota decided to go out with a small car, which was a failure and make them suffer heavy losses. After doing this Toyota broader campaign and introduction of the earth cruiser to meet the growing needs of taxis in the economy.

This car was a great success and changed the face of the company. Toyota also believes in providing products and services that became evident in high quality production systems. Many techniques for quality control are provided, such as Kanban, Kaizen, among them in the hands of consumers.

Main products and Customers

Toyota is trying to build cars to meet the needs of people around the world. They offer safety travelers the first priority and employ quality controls of safety measures in all possible locations.

Toyota produces two types of cars, which includes the engine of traditional extinction cars and hybrid cars. Its aim is to provide solutions for all categories of vehicles of people who need a small car also unlike some competitors that meet medium and large needs vehicles. Toyota produced about 8 million units a year, and employs about 340,000 employees.

It is mainly engaged in the manufacture of automobiles and parts, a wheelchair, this is four-wheel drive and an automatic lift vehicle maintenance. Apart from the automobile sector, Toyota is also involved in the housing sector, the sector's financial services sector, the biotechnology and forestry industry, the shipbuilding industry and e-commerce, etc. (Toyota, undated)

Current Scenario

Utah Motor companies seem to have a very bright future and it looks very promising. The current sales of the company up topping 1.2 and 3 million mark in the years 2008, 2010 and 2011 respectively. Toyota has made its presence in all parts of the world, and has a manufacturing and assembly lines are available in most developed countries in the world.