Toyota Production System
The practical expression of Toyota's people and
customer-oriented philosophy is known as the Toyota Production System
(TPS). This is not a rigid company-imposed procedure but a set of
principles that have been proven in day-to-day practice over many years.
Many of these ideas have been adopted and imitated all over the world.
TPS has three desired outcomes:
TPS has three desired outcomes:
- To provide the customer with the highest quality vehicles, at lowest possible cost, in a timely manner with the shortest possible lead times.
- To provide members with work satisfaction, job security and fair treatment.
- It gives the company flexibility to respond to the market, achieve profit through cost reduction activities and long-term prosperity.
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