Japan / Korea Trip Presentation: Toyota Aaron Fyke  Yuki Wada Gary Mi  Grace Webber Tony Palumbo
Agenda <ul><li>Headline facts: Toyota </li></ul><ul><li>Global auto industry trends </li></ul><ul><li>Japanese auto indust...
Headline Facts: Toyota <ul><li>Toyota has annual sales of $120 Billion </li></ul><ul><li>Produces ~5.5 million vehicles pe...
1998 Production Comparison Chart
Global auto industry trends <ul><li>Overcapacity </li></ul><ul><li>Economic downturn </li></ul><ul><li>Shifting consumer d...
Company History <ul><li>Established in 1937 out of Sakichi Toyoda’s weaving machine company </li></ul><ul><li>Launched fir...
Production History
Business segments <ul><li>Automotive </li></ul><ul><ul><li>Design, manufacture and sales of passenger cars, recreational v...
The Toyota Production System <ul><li>Revolutionized manufacturing industry </li></ul><ul><li>At its core is “lean”  </li><...
Toyota Production System Key Main Concepts <ul><li>SMED  </li></ul><ul><ul><li>Single Minute Exchange of Dies  </li></ul><...
<ul><li>“5 Whys” Quality </li></ul><ul><ul><li>Asking “Why?” 5 times to locate source of problems </li></ul></ul><ul><ul><...
Toyota’s Strategy <ul><li>Increase competitive strength through advanced technology </li></ul><ul><ul><li>Environmental te...
Our questions for Toyota <ul><li>Current competitive landscape </li></ul><ul><ul><li>Local and global competition (Korea, ...
Japanese auto industry history <ul><li>From follower to leader </li></ul><ul><li>From domestic producer to exporter </li><...
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Toyota presentation

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Toyota presentation

  1. 1. Japan / Korea Trip Presentation: Toyota Aaron Fyke Yuki Wada Gary Mi Grace Webber Tony Palumbo
  2. 2. Agenda <ul><li>Headline facts: Toyota </li></ul><ul><li>Global auto industry trends </li></ul><ul><li>Japanese auto industry history </li></ul><ul><li>Toyota company background </li></ul><ul><ul><li>Company history </li></ul></ul><ul><ul><li>Production history </li></ul></ul><ul><ul><li>Business segments </li></ul></ul><ul><li>The Toyota Production System </li></ul><ul><li>Toyota’s strategy </li></ul><ul><li>Our questions for Toyota </li></ul>
  3. 3. Headline Facts: Toyota <ul><li>Toyota has annual sales of $120 Billion </li></ul><ul><li>Produces ~5.5 million vehicles per year </li></ul><ul><li>From 56 manufacturing plants across 6 continents </li></ul><ul><li>Employs ~200,000 people </li></ul><ul><li>3 rd largest automotive manufacturer </li></ul>
  4. 4. 1998 Production Comparison Chart
  5. 5. Global auto industry trends <ul><li>Overcapacity </li></ul><ul><li>Economic downturn </li></ul><ul><li>Shifting consumer demands </li></ul><ul><li>European trade barrier reductions </li></ul>
  6. 6. Company History <ul><li>Established in 1937 out of Sakichi Toyoda’s weaving machine company </li></ul><ul><li>Launched first car (SA Model) in 1947 </li></ul><ul><li>“ Toyota Production System” formed in 1950 based on Just-In-Time principle </li></ul><ul><li>First global expansion in 1959 at Brazil </li></ul><ul><li>In 1972, cumulative production >10M units </li></ul>
  7. 7. Production History
  8. 8. Business segments <ul><li>Automotive </li></ul><ul><ul><li>Design, manufacture and sales of passenger cars, recreational vehicles, SUVs and related parts </li></ul></ul><ul><li>Financial services </li></ul><ul><ul><li>Provisions of loans to car buyers and car dealers </li></ul></ul><ul><li>Others </li></ul><ul><ul><li>Industrial vehicles (forklifts, etc. ) </li></ul></ul>
  9. 9. The Toyota Production System <ul><li>Revolutionized manufacturing industry </li></ul><ul><li>At its core is “lean” </li></ul><ul><ul><li>a relentless drive to improve efficiency and eliminate waste </li></ul></ul><ul><li>Beginnings of TPS were born out of necessity due to lack of resources in post-war Japan. </li></ul>
  10. 10. Toyota Production System Key Main Concepts <ul><li>SMED </li></ul><ul><ul><li>Single Minute Exchange of Dies </li></ul></ul><ul><ul><li>Promoted flexibility of production runs </li></ul></ul><ul><li>JIT </li></ul><ul><ul><li>Just In Time manufacturing </li></ul></ul><ul><ul><li>Small batches which reduced inventory costs, tightened relationship with suppliers and improved quality control </li></ul></ul>
  11. 11. <ul><li>“5 Whys” Quality </li></ul><ul><ul><li>Asking “Why?” 5 times to locate source of problems </li></ul></ul><ul><ul><li>Stopping the production line whenever there are quality problems to ensure they are not repeated </li></ul></ul><ul><li>Low cost supplier </li></ul><ul><ul><li>Long term supplier relationships </li></ul></ul>Toyota Production System Key Main Concepts
  12. 12. Toyota’s Strategy <ul><li>Increase competitive strength through advanced technology </li></ul><ul><ul><li>Environmental technology </li></ul></ul><ul><ul><ul><li>fuel consumption, emission, recoverability </li></ul></ul></ul><ul><ul><li>Hybrid vehicles and next generation fuel cells </li></ul></ul><ul><ul><li>Cost-reduction efforts </li></ul></ul><ul><ul><ul><li>discontinuation, integration of older models </li></ul></ul></ul><ul><ul><li>Increased emphasis on financial services and information communication system </li></ul></ul>
  13. 13. Our questions for Toyota <ul><li>Current competitive landscape </li></ul><ul><ul><li>Local and global competition (Korea, Daimler-Chrysler, Ford, GM etc.) </li></ul></ul><ul><li>Future of automobiles </li></ul><ul><ul><li>Development of fuel-cells, integration of Internet applications and other trends </li></ul></ul>
  14. 14. Japanese auto industry history <ul><li>From follower to leader </li></ul><ul><li>From domestic producer to exporter </li></ul><ul><li>Interventionist government </li></ul>
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