Toyota Lean And Agile Supply Chain

1947 words - 8 pages

Supply ChainA supply chain consists of all parties involved in receiving and filling a customer request. It requires transformation of components, natural resources and raw materials into a finished product that has to be delivered to the customer. Such activities begin when a customer has placed an order and end when the customer pays for his/her purchase. Most of the supply chains actually work as supply networks. There has to be a constant flow of information and funds between different stages. This makes the supply chains very dynamic in nature.A typical supply chain involves the following stages:Customers- The primary purpose of any supply chain is to satisfy the customer needs, thus, a customer forms the most integral part of a supply chain.Manufacturers- They are the producers of the products or goods.Wholesalers- Wholesalers are persons or firms that purchase large quantities of goods or products from the producers, warehouse them and resell them to the retailers. Wholesalers that carry only non-competing goods are called as distributors.Retailers- Retailers purchase goods from the wholesalers in large quantities and then sell the smaller quantities to the customers. They can purchase goods directly from the manufacturer.Raw material/Component suppliers- They supply the primary components or raw materials that are used by the manufacturers for production process. The transformation process converts these into the finished products which are finally delivered to the end customers.It's not necessary that all these stages have to be present in a supply chain system. There are firms like Dell that do not have a distributor, wholesaler or a retailer in their supply chain.Some Industries where SCM plays an important role:Automobile industryMining industryRetail industryA case study on Supply chainIntroduction:Due to the fierce competition and ever rising customer demand, companies need tohave more responsive supply chains in order to have a substantial advantage overtheir competitors. This report is based on a case study that aims to investigate the strategies adopted by a leading Japanese car manufacturer located in the UK in formulating and implementing a lean supply chain.Literature review:Academicians define supply chain as the integration of key business processes from end-user through original suppliers that provide products, services, and information that add value for customers and other stakeholders' (Lambert et al. 1998, 2006).The lean system was first adopted by the Toyota Production System in (Ohno, 1988).The focus of lean supply chains is the elimination of all waste, including time, to enable a smooth schedule to be established (Naylor et al., 1999). Lean manufacturing implies a 'zero inventory', just-in-time (JIT) approach that has brought mass production to high levels of efficiency (Womack et al.,1990). The idea of 'lean manufacturing' (Womack et al., 1990) and the concept of 'lean thinking' (Womack and Jones, 1996) have...

Find Another Essay On Toyota Lean and Agile Supply Chain

Zara and supply chain Essay

848 words - 4 pages it would not matter. Zara’s supply chain is what allows them to pull their clothes to retail stores and ultimately to the customer. Zara’s manufacturing process is similar to the just-in-time processes Toyota implements in car manufacturing. In fact in the early 1990s Zara collaborated with Toyota’s operations consulting firm to help install a just-in-time system in Zara’s manufacturing factories. Zara’s procurement process begins in Europe and

Value Chain and Supply Chain Analysis

990 words - 4 pages , providing superior quality, shipping deliveries faster, and improving overall service. This is done through the effective management of both the supply chain and value chain. For organizations dealing with operations and suppliers in various countries, they need to expand their management to the global level and ensure their global supply chains and global values chains are set to run effectively and efficiently.A global value chain refers to the

Operations and Supply Chain Strategy

2577 words - 11 pages (MLOM 700, Operations and Supply Chain Strategy) Individual Assignment Table of Contents Introduction 2 Review of Literature 2 Risk in General. 3 Supply Chain Risk Management (SCRM)................................................................................4 Various Theories/Models in Supply Chain Risk Management..................................................5 Summary and Conclusions: 11 Referances 12

Crm and supply chain management

1872 words - 7 pages Customer Relationship Management (CRM) and Supply Chain Management.In today's global competitive market, first class products no longer guarantee success in the aggressive battle for market share. To be successful, organizations need to increase their productivity and reduce costs. To survive in the present global competitive environment, organizations need to show a heightened awareness to customers' needs. Hence, there is an increased focus on

The Reverse Supply Chain: Question and Answers

865 words - 4 pages reverse supply chain. Frequency Percent Valid Percent Cumulative Percent Valid network node 12 34.3 34.3 34.3 Customer 19 54.3 54.3 88.6 Company 3 8.6 8.6 97.1 government 1 2.9 2.9 100.0 Total 35 100.0 100.0 Interpretation: important role is customer and different nodes involved in it. 8. Reverse supply chain management best suited for industry. -Automobile -Construction -Service Interpretation: automobile is the main

E-Business And The Supply Chain

1738 words - 7 pages E-Business and the Supply Chain Competition, global and domestic, shortened product life cycles, and today's economic conditions provide ongoing challenges for distributors of goods and services. Organizations that remain tied to the conventional supply chain processes find the increasing demands made by major consumers to be a trial because of the inaccuracies associated with forecasting the purchasing habits of those same customers. While

operations management and supply chain - OPMA403 - OPMA

3406 words - 14 pages OPMA 403 – FINAL NOTES Quality and Innovation in product and process design Designing Products · Functions customer wants compared to the capabilities of current products · Materials used and available · Product cost compared to what customer is willing to pay · Supply chain functions with inputs on sourcing, logistics and collaboration Design process · Product idea generation – primary source is customer · Customer future needs projection

Supply chain risk and analysis - coal industry

2271 words - 9 pages Supply Chain Risk Analysis and Assessment in the Coal Industry 02 December 2011 PrefaceAs of date the Supply Chain in any industry has become really complex, dynamic and dispersed therefore maximizing the risks and vulnerabilities associated within. This has also created a scenario where there are maximized exposures to both internal and external risks. At a time when Countries are fast developing, the public and private sectors go unattended

Strategic supply chain and logistic management

2779 words - 12 pages Introduction An successful integrated supply chain management depends heavily upon areas of operation management, logistics, procurement, and information technology (IT), together they strives for better results . Therefore, transparency with one another with the help of computer systems and programs that can be access or tailor to individual needs is essential. Depending on the operating purpose, it is important that all machines in the

B2C and B2B Supply Chain Differences

1206 words - 5 pages . Supply chain differs considerably from a Business to Consumer (B2C) site as compared to a Business to Business (B2B) site. The difficulty levels between the transactions of a B2B site as compared to a B2C site are very different. A B2B site conducts transactions between a business and another business. B2C sites conduct transactions between a company or a business and a consumer. B2C is a term used for a company which transacts business through

Planning and Controlling the Supply Chain Paper

942 words - 4 pages budget.In conclusion for Riordan to meet all 2005 expectations the organization must utilize responsibility accounting. Responsibility accounting is an information system that does the following: classifies financial data according to areas of responsibility and reports only controllable cost and revenue information for managers. Responsibility accounting focuses on the reporting, not on the recording, of information.ReferencesApollo Group Inc. (2006). Riordan Manufacturing. Retrieved from and Controlling the Supply Chain Paper

Similar Essays

Toyota Supply Chain Essay

2838 words - 11 pages production system have quickly realized that lean thinking cannot be sufficiently effective if it is only incorporate in the production stage. It has to be extended to be incorporated in the whole supply chain network, as it has been the case in Toyota. By doing so not only will the product meet consumers specification and desires, but also the manufacturer will attain his/her goal of identifying and eliminating waste (in terms of time, effort and

Toyota And Volkswagen Supply Chain Management

4885 words - 20 pages Abstract:This assignment gives the overview of the Toyota and Volkswagen. It also explains about their supply chain relationship of those manufacturers. It also gives the advantages and disadvantages of those companies. I have also compared the strategies of Toyota and Volkswagen. I have collected some details regarding the future scope and threats for both the manufacturers. I have given some general statistics of both the companies. Then I

Supply Chain Management Of Toyota Essay

3385 words - 14 pages Supply Chain ManagementIntroductionMany researchers have pointed out the importance of Supply Chain ( SC ) and Supply Chain Management ( SCM ) in competitive environment. In this report, we will discuss about ( i ) Toyota Mortor Manufacturing North America ( TMMNA ) which is located in Erlanger, Kentucky, current supply chain position and one of its suppliers, TAC manufacturing, located in Jackson, Michigan, supplies steering wheels and air bags

Analyzing Of Supply Chain Drivers On Example Of Toyota Company

1981 words - 8 pages 1. Introduction.In order to understand how Toyota Company have improved its supply chain performance in terms of responsiveness and efficiency, we should examine four supply chain drivers: inventory, transportation, facilities and information. Above-mentioned drivers not only determine the supply chain's performance in terms of responsiveness and efficiency, they also determine whether strategic fit is achieved across the supply chain.Consider