Toyota Motor Corporation 4
Cost 4
Dependability 5
Speed 5
Quality 6
Flexibility 7
Four Stage Model of Operations Contribution 8
Correct the Worst Problem 8
Adopt Best Practice 9
Link Strategy with Operations 10
Toyota’s Transformation Process 10
Operations Management
Slack (2007) argues that, Operations management is the key element in the success of any organization. Operation management refers to the business strategies, which are adopted by an organization in order to take it to the highest level of efficiency. In this paper, the operation management of one of the world’s most popular automobile manufacturing company is discussed. According to
Continue reading...