Description
The development of just-in-time production at Toyota and the company’s achievement of unprecedented levels of production were made possible by its supportive, integrated management system. This book explores exactly how the system works and examines each of Toyota’s seven management subsystems. You will learn about the unified system of business management and the pursuit of ‘effectiveness.’ The book details how a manager must integrate financial data with the abilities of workers. As well, Toyota’s financial management system is explored. The author discusses how a company must balance capital procurement and capital application. Also discussed are: Target costing; Kaizen costing; Decentralized management structures; Sales management in a JIT System (SIS); Use of kanban at Toyota; International production strategy.
