Introduction
Total Quality Management, TQM, is a method by which management and employees can become involved in the continuous improvement of the production of goods and services.
This management approached originated in the 1950's and become more popular since the early 1980's is a description of the culture and attitude inside the organization that let provide customers with products and services that satisfy their needs. It needs quality in all aspects of the company's operations, with processes being done right the first time and defects and waste eradicated from operations. The aim of the combination of quality and management is increasing business and reducing losses due to wasteful practices to low cost.
This method has been applied by very well known recognised corporations but one of the most successful is Toyota Motor Corporation which has been voted the global most admired motor vehicle company by the Fortune magazine in 2005 and 2006 and ranking first in the industry for quality, social responsibility and global care. The company was voted the 2nd most admired global company overall.
The current report paper was meant to give an in depth look at the Toyota Quality Management implementation and the very well recognized Toyota Production System and its effects on the automotive industry. The revolutionary ideas and concepts created by Tashiido Ohno at Toyota have been used in many other organizations and industries throughout the world. Value as Toyota has set the standard for the rest of the auto industry to follow.
Toyota – General Overview
Name of Company: Toyota Motor Corporation
Head Office: 1 Toyota-Cho, Toyota City, Aichi Prefecture 471-8571, Ja ...