Toyota

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Category: Business and Industry

Date Submitted: 08/11/2011 09:18 AM

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Introduction

Background/overview of organization

Toyota is a multinational corporation headquartered in Japan and is the world's largest automaker. The company employs approximately 316,000 people worldwide. In addition to manufacturing automobiles, Toyota provides financial services through its division Toyota Financial Services. Toyota Industries and Finance divisions form the bulk of the Toyota Group, one of the largest conglomerates in the world.

History Toyota started in 1933 as a division of Toyoda Automatic Loom Works devoted to the production of automobiles under the direction of the founder's son, Kiichiro Toyoda. Its first vehicles were developed in 1935 and were the A1 passenger car and G1. Toyota Motor Co. was established as a separate and independent company in 1937. In 1982, the Toyota Motor Company and Toyota Motor Sales merged into one company, the Toyota Motor Corporation. In the 1990s Toyota began to branch out from producing mostly compact cars by adding many larger and more luxurious vehicles to its lineup, including a full sized pickup.

Toyota offers a wide range of products and service to its consumers. Toyota offers worldwide automobile sales, in addition to producing and manufactures the parts for all automobiles sold in the world. Toyota offers a high quality brand to its consumers through sales, parts, and service locally to all consumers. (Toyota, 2011)

The Quality management process Toyota uses is the 5S system that creates an environment in the work place that utilizes good housekeeping skill to reach and achieve the most effect results in your business. (Unknown, 2010)

Under the 5S program Toyota adapted the Kaizen Philosophy that defines management’s role in continuously encouraging and implementing small improvements involving everyone. It is a process of continuous improvements in small increments that makes the process more effect, effective, under control, and adaptable. (Daisuke, 2010)...