2. A Legendary Production System Toyota production system was developed & promoted by TMC. The main purpose of TPS is to eliminate waste through continuous improvement activities. Profit through cost reduction Elimination of over production Quality control , Quality assurance , Respect for humanity
7. Background Note Established in 1937 out of Sakichi Toyoda’s weaving machine company Launched first car (SA Model) in 1947 “Toyota Production System” formed in 1950 based on Just-In-Time principle Overseas production starts in 1959 (Brazil) Toyota’s success in both local and global market was mainly because of its state-of-art and well planned operational strategies
8. JIT Production SystemJIT was based on principle of producing only what is needed and nothing more than needed
9. JIT In Toyota In 1970s, TaiichiOhno implemented JIT in Toyota’s manufacturing plants to avoiding waste, reducing inventories & increasing production efficiency to compete Kanban was an essential component of Toyota’s JIT concept Another important component of JIT was Heijunka
10. Advantage of KanbanProvides quick response to changesAvoids overproductionminimizes wasteControl can be maintained
11. Future Of JIT JIT involves high set-up cost, special training & reorganization of policies and procedure Company should also maintain good relations with its supplier Organizational culture & Human element also plays a crucial role