About this Presentation
The organization of this presentation is: A historical perspective; The 14 key management principles of the Toyota way; Compare a select few to the Theory of Constraints; Key points from standing on the shoulders of giants; What can we learn from The Toyota way to help improve TOC?; Leveraging benefits; Avoiding pitfalls. The 14 principles are: 1. Long-term philosophy. 2. Create continuous flow. 3. Use pull systems. 4. Level the workload. 5. Quality In station. 6. Standard work. 7. Visual control. 8. Use only reliable technology. 9. Grow your own leaders. 10. Develop exceptional people. 11. Respect your suppliers and partners. 12. Go see for yourself. 13. Take time to get buy in. 14. Reflect and improve. In the lean initiative, the motivation component is missing. In the 2008 paper Standing on the Shoulders of Giants, Eli Goldratt concluded that the failure of lean implementation is due to the fundamental difference in the production environments. Lack of stability and short product life, demand over time per product, and resource loading were the underlying problems. Goldratt examined the fundamental concepts of supply chains. A generic application of these concepts can be used in a much wider spectrum of environments. The impressive results Hitachi Tool Engineering achieved with this broader application is discussed.
What Will You Learn
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