TPS Toyota

Toyota Production System Basics

What are the main pillars of TPS?

1. Standardization

2. Just in Time Manufacturing

3. Lean Kaizen

4. Jidoka or Autonomation

5. Total Productive Maintenance TPS Objectives

Reduce cost by the elimination of waste- good products that are safer and lower in cost. Make it easier to obtain and guarantee good quality. Based on teamwork and respect for human life, create a workplace where all can fulfill their potential. Build a lean production system capable of responding immediately to changes in the market. Key to understanding The Toyota Production System:

Profit and Cost

Cost + Profit does not equal Price

Price - Cost = Profit

In order to increase profit do not raise the price - it is determined by the market. In the market, companies compete against eachother in function, quality and price.

Reduce Cost

Determined by production and supply chain management methods

Use internal know how and innovation to reduce cost and generate profit

Unless you reduce the cost, you cannot expect a profit!

TPS is based on the complete elimination of waste in all aspects of production in the pursuit of the most lean production method.

This was developed by Kiichiro Toyoda, the founder (and first president) of The Toyota Motor Corporation.

Central to TPS is the complete elimination of waste or "muda".

There are 7 types of waste:

All these "muda" elements intertwine with each other to create more muda, eventually impacting the management of the corporation itself.

Toyota Production System Basics

What are the main pillars of TPS?

1. Standardization

2. Just in Time Manufacturing

3. Lean Kaizen

4. Jidoka or Autonomation

5. Total Productive Maintenance TPS Objectives

Reduce cost by the elimination of waste- good products that are safer and lower in cost. Make it easier to obtain and guarantee good quality. Based on teamwork and respect for human life, create a workplace where all can fulfill their potential. Build a lean production system capable of responding immediately to changes in the market. Key to understanding The Toyota Production System:

Profit and Cost

Cost + Profit does not equal Price

Price - Cost = Profit

In order to increase profit do not raise the price - it is determined by the market.

In the market, companies compete against eachother in function, quality and price.

Reduce Cost

Determined by production and supply chain management methods

Use internal know how and innovation to reduce cost and generate profit

Unless you reduce the cost, you cannot expect a profit!

TPS is based on the complete elimination of waste in all aspects of production in the pursuit of the most lean production method.

This was developed by Kiichiro Toyoda, the founder (and first president) of The Toyota Motor Corporation.

Central to TPS is the complete elimination of waste or "muda".

There are 7 types of waste:

All these "muda" elements intertwine with each other to create more muda, eventually impacting the management of the corporation itself.

Toyota Production System Basics

What are the main pillars of TPS?

1. Standardization

2. Just in Time Manufacturing

3. Lean Kaizen

4. Jidoka or Autonomation

5. Total Productive Maintenance TPS Objectives

Reduce cost by the elimination of waste- good products that are safer and lower in cost. Make it easier to obtain and guarantee good quality. Based on teamwork and respect for human life, create a workplace where all can fulfill their potential. Build a lean production system capable of responding immediately to changes in the market. Key to understanding The Toyota Production System:

Profit and Cost

Cost + Profit does not equal Price

Price - Cost = Profit

In order to increase profit do not raise the price - it is determined by the market.

In the market, companies compete against eachother in function, quality and price.

Reduce Cost

Determined by production and supply chain management methods

Use internal know how and innovation to reduce cost and generate profit

Unless you reduce the cost, you cannot expect a profit!

TPS is based on the complete elimination of waste in all aspects of production in the pursuit of the most lean production method.

This was developed by Kiichiro Toyoda, the founder (and first president) of The Toyota Motor Corporation.

Central to TPS is the complete elimination of waste or "muda".

There are 7 types of waste:

All these "muda" elements intertwine with each other to create more muda, eventually impacting the management of the corporation itself.