Preview

Total Quality Management in Toyota

Powerful Essays
Open Document
Open Document
5823 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Total Quality Management in Toyota
Introduction

Toyota is one of the world’s largest automobile manufacturers, selling over 9 million models in 2006 on all five continents. A Top 10 Fortune Global 500 enterprise, Toyota ranks among the world’s leading global corporations and is proud to be the most admired automaker, an achievement the company believes stems from its dedication to customer satisfaction. Toyota has been shaped by a set of values and principles that have their roots in the company’s formative years in Japan.

The Toyota story begins in the late 19th century, when Sakichi Toyoda invented Japan’s first power loom, which was to revolutionise the country’s textile industry. In January 1918, Sakichi founded the Toyoda Spinning & Weaving Company, and with the help of his son, Kiichiro Toyoda, he fulfilled his lifelong dream of building an automatic loom in 1924. Two years later, he established Toyoda Automatic Loom Works.

Like his father, Kiichiro was an innovator, and during his visits to Europe and the U.S. in the 1920s, he became deeply interested in the nascent automotive industry. Making the most of the £100,000 that Sakichi Toyoda received for selling the patent rights of his automatic loom, Kiichiro laid the foundations of Toyota Motor Corporation (TMC), which was established in 1937. From looms to cars, the Toyota experience has been shaped by extending the boundaries of manufacturing.

History

When Toyota became the first Japanese car manufacturer to venture into motor sports in 1957, Shotaro Kamiya, then president of the Toyota Motor Sales Company, encouraged his team with his belief that, “There will be no progress if you fear failure.”

The Toyota spirit

For half a century this courageous spirit has guided these pioneers and their successors. Aware of the immense task ahead, Toyota approached motor sports with a mixture of patience and ambition. Over the decades, the company’s “kaizen” method of continuous improvement proved a winning strategy. Toyota eventually

You May Also Find These Documents Helpful

  • Best Essays

    Toyota is one of the leading manufacturers of vehicles in the United States and across the globe. Toyota is ranked #55 in Forbes, World’s Biggest Public Companies, and capturing sales of 202.8 billion and a market cap of 137.8 billion as of March 2011 (Forbes.com, 2011).” Founded in 1937 in Japan, Toyota now employs 320,590 with operations all over the world (Forbes.com, 2011). “Recognizing a growing market in the United States, in 1957 Toyota established its first sales, marketing and distribution subsidiary in the U.S. called Toyota Motor Sales Inc. (Gretto, M., Schotter, A., & Teagarden, M. 2009, p.2).” Over the years Toyota has manufactured and sold vehicles all over the world and is a leader in innovation and technology. However, in recent years Toyota has faced many setbacks that have consumers concerned about their safety and have Toyota looking for a way to get back their credibility.…

    • 1643 Words
    • 7 Pages
    Best Essays
  • Good Essays

    Around this time, Mr. Eiji Toyoda, the nephew of the company's founder, tasked Taichi Ohno, a twenty year veteran of the company, to become a part of the solution. Inspired by a diverse range of inputs ranging from Fords mass production environment to American grocery stores, over the next decade the Toyota Production System was born. Although certainly not the sole force behind the new manufacturing philosophy, so instrumental was Mr. Ohno in its creation that he is widely considered the father of TPS.…

    • 878 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Case Toyota

    • 685 Words
    • 3 Pages

    Today, Toyota is the world’s largest automobile manufacturer. The company is ranked the eighth largest corporation by Fortune magazine. The company’s core principle is “to contribute to society and the economy by producing high-quality products and services.” Its success is often attributed to a business philosophy referred to as “The Toyota Way.”…

    • 685 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Toyota Case Study

    • 1834 Words
    • 8 Pages

    Toyota Motor Corporation is a famous global automaker headquartered in Japan, which commonly known as Toyota (Liker, 2004). As a leader in the global car market, Toyota Motor is famous of manufacturing quality cars with low price. Toyota’s world-leading quality and the management system are remarkable. In 2003, the annual profit of Toyota was larger than the combined earnings of GM, Chrysler, and Ford. Also, Toyota’s market share increased 24% over 2002, so a number of analysts estimated that Toyota’s market share would pass GM in few years and become the largest automaker in the world (Liker, 2004).…

    • 1834 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Kiichiro Toyoda (豊田喜一郎 'Toyoda Kiichirō', June 11, 1894 – March 27, 1952) was a Japanese entreprenuer and the son of Toyoda Loom Works founder Sakichi Toyoda. He made the decision for Toyoda Loom Works to branch into automobiles, considered a risky business at the time. Shortly before Sakichi Toyoda died, he encouraged his son to follow his dream and pursue automobile manufacturing — Kiichiro created what eventually became Toyota Motor Corporation.…

    • 618 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Toyota Motor Corporation was birth when Mr. Kiichiro Toyoda, the founder, finally succeeded in creating the A1 prototype passenger car in 1935. He was a Japanese entrepreneur and the son of Mr. Sakichi Toyoda, who is the founder of Toyoda Loom Works. Kiichiro Toyoda has made the decision for Toyoda Loom Works to branch into automobiles. Shortly before Sakichi Toyoda died, he encouraged his son to follow his dream and pursue automobiles manufacturing. However, Kiichiro Toyoda resigned from the company in 1950 and passing away two years later. In 1957, his cousin and confidant Mr. Eiji Toyoda, became head of Toyota Motor Corporation. They successful expansion worldwide and launch the Japan most luxury vehicle brand, Lexus.…

    • 3799 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    of employees: 338 875 (03/31/2014) 3 LOGO History of Toyota 1937: Toyota Motor Co, Ltd established 1938: Just in time launch 1950: Toyota Motor Sales Co, Ltd established 1957: Toyota Motor Sales Co, USA Inc. established 1982: Merger of Sales and Motor Co. 4 LOGO History of Toyota 1984: Production commenced at NUMMI 1995: International Business Plan announced 1996: Global Vision 2005 announced 2001: Toyota Way announced 2002: Global Vision 2010 announced 2011: Global Vision 2020 announced 5 LOGO History of Toyota - Growth of Japan economy & enhancement of Toyota’s Management - Rapid expansion of Globalization Leaping forward as a Global Co 1980s~2020s 1960s~1980s - Mass production and continual developments of new models - Satisfy public needs Entering the Automotive Business - From textiles to Automobiles - Establishment of Automotive business 1930s~1960s Taking on the automotive business 6 LOGO History of Toyota Part 2: Entering the Automotive business (1960s ~1980s)  Mass production and continual development of new models:…

    • 1143 Words
    • 14 Pages
    Powerful Essays
  • Good Essays

    Ever since its founding, Toyota has sought to contribute to a more prosperous society through the manufacture of automobiles, operating its business with a focus on vehicle production and sales.…

    • 2924 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    Toyota Paper

    • 1354 Words
    • 6 Pages

    Toyota Motor Corporation was founded in September 1933 as a division of Automatic Weaving Factory car Toyota, by Japanese inventor and industrialist, Sakichi Toyoda. The company 's car division and then separated on August 27, 1937 to create the Toyota Motor Corporation. In 1936 they launched their first passenger car. ("Biography Everything about Biography", 2012)…

    • 1354 Words
    • 6 Pages
    Powerful Essays
  • Better Essays

    Toyota Industries Corporation was founded in 1926 by Sakichi Toyota to manufacture and sell the automatic looms which he had invented and perfected. Since that time Toyota Industries has promoted diversification and expanded the scope of its business domains to include textile machinery, automobiles (vehicles, engines, car air-conditioning compressors, etc.), materials handling equipment, electronics, and logistics solutions.…

    • 996 Words
    • 4 Pages
    Better Essays
  • Good Essays

    ihrm

    • 4848 Words
    • 20 Pages

    Toyota Company was founded in 1933 as one of divisions of Toyoda Automatic Loom Works. Kiichiro Toyoda is the founder of the company. 1937. This Company is the largest car producer of the world in 2010. Toyota employed 300,734 people worldwide, and was the largest automobile manufacturer in 2010 by production. Toyota is the eleventh largest company in the world by revenue. In July 2012 this company informed that it produced the 200 millionth cars. The Toyota Motor Corporation started with humble beginnings. Kiichiro Toyoda in 1933 visited the United States and several automobile plants. He returned to Japan and started an automobile division in his father 's loom factory. Toyota set up a headquarters in Hollywood in 1957. The first Toyota car registered in the United States was a 1958 Toyopet, sold in 1958.In 1959; the company opened its first plant outside Japan - in Brazil. The first Americanized Toyota — the Tiara, otherwise known as the Toyota Corona PT20 — came out in 1964.…

    • 4848 Words
    • 20 Pages
    Good Essays
  • Good Essays

    The history of Toyota started in 1933 with the company being a division of Toyoda Automatic Loom Works devoted to the production of automobiles under the direction of the founder's son, Kiichiro Toyoda. Kiichiro Toyoda had travelled to Europe and the United States in 1929 to investigate automobile production and had begun researching gasoline-powered engines in 1930. Toyoda Automatic Loom Works was encouraged to develop automobile production by the Japanese government, which needed domestic vehicle production, due to the war with China. In 1934, the division produced its first Type A Engine, which was used in the first Model A1 passenger car in May 1935 and the G1 truck in August 1935. Production of the Model AA passenger car started in 1936. Early vehicles bear a striking resemblance to the Dodge Power Wagon and Chevrolet, with some parts actually interchanging with their American originals.…

    • 2775 Words
    • 12 Pages
    Good Essays
  • Satisfactory Essays

    HISTORY Of TOYOTA

    • 330 Words
    • 1 Page

    The history of Toyota started in 1933 with the company being a division of Toyoda Automatic Loom Works devoted to the production of automobiles under the direction of the founder's son, Kiichiro Toyoda.[1] Kiichiro Toyoda had traveled to Europe and the United States in 1929 to investigate automobile production and had begun researching gasoline-powered engines in 1930. Toyoda Automatic Loom Works was encouraged to develop automobile production by the Japanese government, which needed domestic vehicle production, due to the war with China.[2] In 1934, the division produced its first Type A Engine, which was used in the first Model A1 passenger car in May 1935 and theG1 truck in August 1935. Production of the Model AA passenger car started in 1936. Early vehicles bear a striking resemblance to the DodgePower Wagon and Chevrolet, with some parts actually interchanging with their American originals.[2]…

    • 330 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Toyota Motor Corporation

    • 1556 Words
    • 7 Pages

    * The company was founded by Kiichiro Toyoda in 1937 as a spinoff from his father's company Toyota Industries to create automobiles.…

    • 1556 Words
    • 7 Pages
    Powerful Essays
  • Satisfactory Essays

    Sabari

    • 438 Words
    • 2 Pages

    1937 – Toyota Motors, now Japan's largest automobile manufacturer, was spun off from Toyota Industries as an independent company.…

    • 438 Words
    • 2 Pages
    Satisfactory Essays