TOYOTA

6.53
GROUP MEMBERS

❖ Muhammad Umair ACMI 1047

❖ Muhamad Ahsan Javed ACMI 1050
❖ Rizwan Khalid ACMI1056

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INTRODUCTION

➢ A Japanese multinational corporation that produces cars is called Toyota Motor

Corporation.
➢ The company was founded in 1937 and is currently ranked first among the highest-
grossing businesses worldwide. The company uses a market capitalisation approach
to compete against respectable rivals on a national and international level.

➢ Compared to its rivals in Japan, Japan Motor Corporation is currently valued more
than twice as much. The company is credited with creating hydrogen fuel-cell
locomotives and facilitating the mass-market adoption of hybrid electric vehicle sales.
➢ After merging with its sales organisation, Toyota Motor Sales Co. Ltd., Toyota Motor
Company changed its name to Toyota Motor Corporation in 1981.

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BUSINESS OVERVIEW

Toyota has been at the forefront of automotive innovation for

decades. Besides popularizing hybrid technology with the Prius, the
company has been actively investing in research and development
of electric vehicles (EVs), autonomous driving, connected cars, and
alternative fuel solutions.
Toyota aims to remain competitive in the rapidly evolving
automotive landscape and address environmental concerns by
pushing for more sustainable transportation solutions.

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 WHY NEED CI MODEL

Continuous improvement is a fundamental aspect of Toyota's corporate philosophy

and operational approach. The company's commitment to continuous improvement
is deeply ingrained in its management principles, known as "The Toyota Way.“

Reason?
➢ Quality Enhancement
➢ Efficiency and Cost Reduction

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 CI MODEL FOR TOYOTA
Toyota primarily uses the Toyota Production System (TPS) as its
Continuous Improvement (CI) model. The Toyota Production System
is a comprehensive management philosophy and lean
manufacturing practice that emphasizes waste reduction, efficient
production, and continuous improvement. It is based on two main
principles: "jidoka" (automation with a human touch) and the "Just-
in-Time" concept.

Overall, Toyota's CI model is a combination of the Toyota Production

System's principles and the PDCA Cycle.

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 PROPOSED SOLUTION
Toyota may have implemented or planned beyond that date.
However, I can suggest some potential areas where Toyota might
have focused on proposing solutions based on its historical
practices and industry trends up to that point:

• Electric and Hybrid Vehicles

• Autonomous Driving and Connected Cars

• Mobility Services

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 KPI
Toyota's specific Key Performance Indicators
(KPIs):

• Kaizen Implementation Rate

• Employee Suggestion Rate

• Defect Rate Reduction

• Cost Savings

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 THANK YOU

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