The disruption shut down a system that is at the core of Toyota’s lean manufacturing, a way of reducing inventory and maximizing production efficiency that the Japanese automaker pioneered and ...
Toyota may have pioneered the just-in-time manufacturing strategy but when ... suppliers to factories to assembly lines - as well as lean inventories - were central to its emergence as an industry ...
More a Japanese philosophy. Pioneered by Toyota in the 1950s, it's known today as lean production. James May:And it has a simple goal: to completely eliminate waste from the production system.
Toyota's historical success with unconventional projects, like the Prius and lean manufacturing, underscores its potential for future breakthroughs. Strong financials and a stable S&P rating ...