Toyota Production System Business Case Free Essay, Term Paper and Book Report
I. Competitive Tool
The highly successful Toyota Production System (TPS) is known for its efficiency, strong long-term relationships, integrated planning and deep collaboration. Toyotas supply, demand and service chain management systems are frequently imitated by manufacturers world-wide. These companies often face challenges in balancing between delivering excellent service to their customers and controlling the material cost of these operations. Toyota excels in the service chain management because it recognizes an automobile manufacturers greatest return on capital does not necessarily come from selling cars. It comes from after-sale parts and services. This recurring high margin revenue stream from a captive source is the reason why Toyota put such a great emphasis on its service part distribution to make it like no other.
II. Critical Competitive Elements
The following discusses the critical competitive elements of Toyotas service chain and its sustainability with respect to the threat of imitation. Toyota gained a competitive industry advantage by creating a s......
Word Count: 1596
Page Count: 6.3 (250 words a page / double spaced)
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