How Toyota Changed The Way We Make Things
Bloomberg Originals・2 minutes read
Toyota revolutionized car production by implementing Lean Manufacturing techniques, such as 'Just In Time' and 'Kaizen', leading to significant efficiency gains and influencing various industries beyond automotive, all stemming from adapting to post-war scarcity. The company's success can be traced back to founder Sakichi Toyoda's son, Kiichiro, who founded the motor company in 1937 and later developed the 'Just In Time' system after visiting a supermarket, producing over 10 million cars annually by focusing on waste reduction and efficiency.
Insights
- Toyota's success in Lean Manufacturing was driven by the implementation of the 'Just In Time' system and 'Kaizen' principles, leading to remarkable efficiency gains and influencing diverse industries beyond automotive.
- The company's adaptation to post-war scarcity and founder Sakichi Toyoda's innovative approach, continued by his son Kiichiro, laid the foundation for Toyota's revolutionary Production System, which produced a car every 1.6 man hours by 1972, setting new standards in efficiency and waste reduction.
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Recent questions
What is Lean Manufacturing?
Efficient system reducing waste in production.
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Summary
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Toyota's Lean Manufacturing Revolutionized Car Production
- Toyota pioneered Lean Manufacturing, producing over 10 million cars annually, by implementing a system focused on efficiency and waste reduction.
- The company's success stemmed from adapting to post-war scarcity, with founder Sakichi Toyoda's son, Kiichiro, founding the motor company in 1937, and later developing the 'Just In Time' system inspired by a visit to a supermarket.
- Toyota's Production System, incorporating 'Just In Time' and 'Kaizen' principles, revolutionized car production, leading to significant efficiency gains, with the company producing a car every 1.6 man hours by 1972, influencing industries beyond automotive, like Boeing, Intel, and even healthcare.
