MBA FP 6022 McAndrewVanessa Assessment6 Attempt1

Content type

User Generated

Uploaded By

Gnxrefybir

Pages

Rating

Running head: OPERATIONS IMPROVEMENT PLAN-TOYOTA COMPANY 1

Operations Improvement Plan-Toyota Company

Vanessa McAndrew

MBA- FP 6022 U06A1 Operations Improvement Plan

Capella University

Professor Dr Randell Orner

March 17, 2018

OPERATIONS IMPROVEMENT PLAN-TOYOTA COMPANY 2

Operations Improvement Plan-Toyota Company

Introduction

Many firms globally continue to face a myriad of problems and challenges in bid to meet

their objectives. In many times, the challenges that the organizations face impact the operations

and can have adverse effects on the productivity. The effects range from loss of customer

loyalty, reduction in the sales revenue to a decrease in the operating income. One such business

that is facing the challenge is the Toyota Motor Corporation that has had to recall millions of its

cars from the market back to production line (Liker & Ogden, 2011). To overcome the challenge

that relate to the operations of organizations, any other organization end up coming up with

operational improvement plans. The aim of having operations improvement plan is to be a

yardstick on the manner in which the organization can improve the operations mainly those that

relate to the particular operational problem hence achieve the goals set for the organization.

Operation improvement plan is made up of five basic elements and they include process

identification, improvement of the process, definition of problem statement, measurement

strategy. Leveraging on the different aspects of OIP, the paper seeks to define the existing

problem while explaining the recall crisis of Toyota. A brief description of the primary

challenges or problem chosen would be given. The analysis is backed up with the various models

that are acceptable within global business operations.

Problem Statement

Toyota Motor Corporation remains one of the leading and high revered manufacturer of

automobiles globally. At the moment, the company has its car sales in approximately 200

countries globally. The brand of the company is anchored on quality, durability and reliability.

As much as the company seeks to ensure quality production, the brand reputation is affected by

End of Preview - Want to read all 12 pages?

Access Now

Unformatted Attachment Preview

Running head: OPERATIONS IMPROVEMENT PLAN-TOYOTA COMPANY Operations Improvement Plan-Toyota Company Vanessa McAndrew MBA- FP 6022 U06A1 Operations Improvement Plan Capella University Professor Dr Randell Orner March 17, 2018 1 OPERATIONS IMPROVEMENT PLAN-TOYOTA COMPANY 2 Operations Improvement Plan-Toyota Company Introduction Many firms globally continue to face a myriad of problems and challenges in bid to meet their objectives. In many times, the challenges that the organizations face impact the operations and can have adverse effects on the productivity. The effects range from loss of customer loyalty, reduction in the sales revenue to a decrease in the operating income. One such business that is facing the challenge is the Toyota Motor Corporation that has had to recall millions of its cars from the market back to production line (Liker & Ogden, 2011). To overcome the challenge that relate to the operations of organizations, any other organization end up coming up with operational improvement plans. The aim of having operations improvement plan is to be a yardstick on the manner in which the organization can improve the operations mainly those that relate to the particular operational problem hence achieve the goals set for the organization. Operation improvement plan is made up of five basic elements and they include process identification, improvement of the process, definition of problem statement, measurement strategy. Leveraging on the different aspects of OIP, ...
Purchase document to see full attachment