All entries for Wednesday 08 December 2010
December 08, 2010
Toyoda's Lean
Lean is considered one of the most popular and successful models to follow in terms of waste reduction and optimizing profit in manufacturing. Looking carefully at how Toyota 'created' Lean can be innovative. When Eiji Toyoda visited the largest factory in the world at that time, Ford, he used his critical analysis rather than an engineer who had come to learn from Ford. Actually what he did was pointing out many of Ford's problems in terms of process efficiency. By doing this, Toyota's process jumped many years ahead by developing Ford's processes.
I would imagine what would have happened if Ford noticed Toyoda's ideas and remarks and developed lean? we would have got a different car market shares by now.