Founded in 1937 by Toyoda Kiichiro, Toyota is a Japanese multinational automotive company. Of course, Toyota didn't become a major automaker overnight, it took time to grow. However, the production system implemented by the company has given the company some advantages. A conventional mass production system involves the production of large quantities of standardized products, often using assembly line technology. Toyota, on the other hand, had a different approach. They took the major parts of the mass production system and implemented changes based on their observations and goals. Their system promotes efficient work by reducing inventory costs and producing more based on demand. They also produced auto parts in small batches to reduce costs and find a way, through trial and error, to reduce the time it took to change the molding. This made it possible to produce on demand, thus reducing overhead costs. Another element of the Toyota process was that workers worked together and were responsible for finding their own mistakes instead of finding the mistake at the end of the line; this would make correcting the error more expensive. Overall, Toyota's manufacturing system is cost-effective and efficient in production, accompanied by better employee relations, quality products and, perhaps most essential for a company, increased profits. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Another tactic that set Toyota apart was its approach to customer relations. The attitude was “equal partners”; this attitude influenced the design and production process. Toyota and its partners, suppliers and dealers have a resilient relationship, which makes the company have a worthy relationship with customers. Toyota is in tune with the wants and needs of its customers. I am so in tune with wants and needs. In fact, they have a database that collects all customer input; the database contains everything from style preferences to car color to car features. With Toyota reaching out to the customer and getting feedback, it is changing the way the industry. However, they must ensure that they research and develop comprehensively to ensure accuracy. As briefly mentioned above, Toyota has a resilient relationship with their suppliers, this relationship is essential to their company. Typically, US manufacturers believe that a company is more efficient by not depending on other companies; they tend to keep many parts produced in-house. For parts that they could not produce internally, a series of contracts are drawn up and the company usually places an order with the lowest price. This way of doing business makes the relationship extremely impersonal. Now, looking at Toyota, yes, they initially followed this way of thinking because of the limitations. After a few years, Toyota switched to a different way of working because they thought the initial “bidding war” way of working was self-defeating for the company and would not be suitable in the long run. They wanted to avoid the capital expenditures that went along with expanding their manufacturing capabilities, reducing risk, lowering wages, and offering a high-quality product at a lower cost. The result of these decisions resulted in improved labor productivity, short set-up times and also a decrease in the number of defects per car. Please note: this is just an example. Get a custom paper from our expert writers now..