Analysis of the business operations of Toyota Essay

Analysis of the business operations of Toyota - Essay Example also been able to achieve competitive advantage within the highly competitive automobile industry across the globe by applying supply chain and inventory management concepts. The Toyota Prius is one of the products by Toyota that has helped the company to gain a competitive advantage because of its focus on providing greener energy solutions that the vehicle market desires. Additionally, Toyota also applies the lean philosophy of manufacturing that advocates for the minimization of any wastages and also focuses more on achieving cost reduction measures in order for the company to continue running efficiently. The Toyota Prius has been able to reduce costs because vehicle consumers have shifted from the conventional fuel powered vehicles that are usually affected by fuel costs. The company also solves its problems adequately by continuously training its staff on how to handle certain production challenges and also anticipate for such problems in future. With this, this essay will review and critically analyze the operations of the Toyota company with a keen focus on the Toyota Prius vehicle, which will also include figures that would illustrate the production process of the same. The production system applied by Toyota is highly standardized and it also effective because it eliminates wastages through the lean production and movement, which is one key principle in operations management (Eyob & Tetteh 2012, p. 225). Also known as the TPS (Toyota Production System), this philosophy tends to be customer oriented that have led to the adoption of the same strategy by other companies across the globe. This strategy is a flexible one and has helped in the running of daily activities at Toyota because of the outcomes that it seeks to achieve. According to Jayaram, Das & Nicolae (2010, p. 280), one of the desired outcomes that this process tends to have is that the company seeks to provide high quality vehicles to their consumers with the cost attached to them being as

Asignment 5 Essay Example | Topics and Well Written Essays - 250 words

Asignment 5 - Essay Example Formatting the proposal letter would also include including final remarks and salutations at the end. For instance, I would conclude the letter by writing ‘yours in service’ followed by restating my position within Artifice and signature. In addition, I would conclude the letter by restating the topic and emphasizing on ethical advantages of joining corporate responsibility officer association. The aforementioned essentials are imperious in maintaining professionalism and avoidance of questions regarding potential mistakes (Anderson 625). I would also ensure that I always restate theme of the proposal letter throughout the essay. Repetition of fundamental points in a proposal letter is essential in reminding readers and audience of its intent. In addition, restating subject of the letter would help sustain patience and provoke readers’ meditation over topic in question. It would also be imperious to employ emotional and present tense language besides using general pronouns. Emotionally persuasive language would entail reminding listeners and readers that they remain fundamental decision makers to whether Artifice would join corporate responsibility officer association. For instance, I would start the initial sentence by writing that ‘I am writing to propose that we as loyal and committed members of Artifice Incorporation join CROA’. It would also be essential to correct grammatical mistakes within the letter for example change Artifice Incorporated to Artifice