Nobody downloaded yet

Quality Management at Toyota Motor Co - Term Paper Example

Comments (1) Cite this document
Quality Management at Toyota Motor Company
Quality management symbolises managing of quality with respect to the desired level. Quality is primarily associated with products but at present it is incorporated with services as well. Customers always strive to get quality products in affordable price…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.6% of users find it useful
Quality Management at Toyota Motor Co
Read TextPreview

Extract of sample "Quality Management at Toyota Motor Co"

Download file to see previous pages Most of the organisations use the standard based on ISO 9000. There is certain quality control models developed for automobile industry in various countries namely VDA for Germany, AVSQ for Italy and QS-9000 for US automobile industry among others. Since 1951, Japan offers Deming-Award for Quality Management (FinePrint, n.d.). Quality Management Based On ISO 9000 Source: (Comite euro-international du beton, 1998). 1. Brief Historical Background Toyota Motor Company is a renowned name in the automobile industry of the present world. Toyota manufactures vehicles as well as automobile-related products, such as engines, car air-conditioning compressors and car electronics components. Toyota achieved its success by applying its innovative idea of ‘lean marketing’. The aim of lean marketing is to offer additional values to the end customers (Morrison, 2011). Toyota established Toyota Motors Pvt. Ltd. in the year 1937 in Japan. In the year of 1938, production began in Honsha Plant. From 1959, with the initiation of Motamachi plant, the company started focusing on its quality performance that rewarded it Deming Application Prize in the year of 1965. Led by certain mergers and acquisitions, the company always focuses on the quality and comfort of its customers. Toyota Motor Company has diversified its business over the years throughout the world. In 2002, it entered into the domain of Formula One World Championship. It has taken several initiatives with respect to the quality control issues as well as for the environment. It has implemented advanced technology to manage the quality. The company has taken initiative for utilising hydrogen as alternative fuel, providing plug-in vehicles among others. The philosophy of the company is to serve customers at prompt and to satisfy the customers with enhanced quality. Toyota has its own experts to check the quality of the vehicles in various situations in order to ensure the customer safety. Toyota has put emphasis on ‘traffic safety education’ since the 1960s and never intends to compromise on the quality of vehicle. Toyota recommends safety driving lecture sessions in support of drivers as well as ‘traffic safety education’ activities designed for teenagers (, 2007). Toyota fulfils its corporate social responsibilities (CSR) by offering safe and reliable vehicles to its customer. The automobile industry is facing newer challenges day-by-day. There are certain factors for which companies face newer challenges that can create higher demand like globalisation and increasing competition along with others. In addition, there are safety requirements and environmental commitments which have a major influence of Toyota’s operations. In the present context, customers are not satisfied with standardised vehicles; they want their personal requirements to be incorporated by the company in the vehicles that they want to purchase. Thus, Toyota has to take into consideration the needs of customers in commensurate with the quality standards of the vehicle and has to ensure that quality standards do not deter due to the added features. Toyota’s fundamental philosophy depends on five values that assemble its employees towards corporate course of action with the intention to support further development, are indicated in given figure. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Quality Management at Toyota Motor Co Term Paper”, n.d.)
Retrieved de
(Quality Management at Toyota Motor Co Term Paper)
“Quality Management at Toyota Motor Co Term Paper”, n.d.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
onitzsche added comment 1 year ago
Student rated this paper as
I had an issue with a term paper types of works. All until I came across this website and this particular paper. Even though "Quality Management at Toyota Motor Co." is far from my interests, the structure is so great that I use it all the time as an example for my own works.

CHECK THESE SAMPLES OF Quality Management at Toyota Motor Co

Total Quality Management of Toyota Motor Company [23 February 2012]. Seuring, S. A., 2003. Strategy and Organization in Supply Chains. NY: Springer. [Online]. Available from: [23 February...
10 Pages(2500 words)Assignment

Toyota Motor Corporation

...? Toyota The Toyota Motor Corporation (TMC) or simply Toyota is a multinational automaker headquartered at Toyota in Japan. The company was founded by Kiichiro Toyoda on 28th August 1937. By the end of 2010, the Toyota employed 317,734 people globally. The Toyota is the world’s largest automobile manufacturer in terms of sales and production. According to Pearce II and Robinson, organizational culture stands for a set of important assumptions that a firm’s members share in common (lecture note). The Toyota’s organizational structure facilitates effective strategy implementation. In the opinion of Moore,...
1 Pages(250 words)Essay

Toyota Motor Corporation

...?Toyota Motor Corporation – Management of Assets Now days, the global automotive industry is facing increased worldwide competition more than ever before. Automotive firms are forced to introduce innovative and competitively priced products. Nevertheless, Toyota Motor Corporation with its 70-year history is able to achieve its objectives regardless of the challenges it face today. Evidently, the business model of Toyota for the new era is to provide ultimate user experience through its new relationships while realising that, high-quality services would maximise customer satisfactions and thereby the profitability...
6 Pages(1500 words)Essay

Toyota Motor Corporation

...? Toyota Motor Corporation Toyota Motor Corporation Toyota Motor Corporation has turned out to be a dominant within vehicle manufacturing industry for a number of decades. In spite of the patriotic drive revolving around the United States to only "buy American", the company has succeeded in holding its own, continuing to be a dominant, as well as permanently growing company within the transportation’s corporate world. Although this is a huge accomplishment, the numerous layers of the company divulge it to being a far more complicated entity compared to the average standard (Plunkett, 2006). TMC happens to be an international entity with...
3 Pages(750 words)Research Paper

Toyota Motor Corporation

...TOYOTA MOTOR CORPORATION Introduction Toyota Motor Corporation is now in a critical point as it has to deal not only with the lingering effects of the 2008 Financial Crisis but also with the crippling effects of the Great East Japan Earthquake. With the ever changing global business setting and the emergence of lucrative markets in developing countries, the company now stands at a crossroads as it ventures into new, exciting opportunities which, however, present greater risks that it might be accustomed to. This report aims to provide an analysis of the opportunities and threats the company faces and in so doing evaluate the course of action/strategy to be taken by the company. China and Emerging Markets While the United States... ...
5 Pages(1250 words)Essay

Toyota Motor Corporation

...Toyota Motor Corporation I. Business Analysis Internal Factors General Motors Corporation is involved in the design, manufacture, and marketing of cars and light trucks worldwide. The company was founded in 1908 and is headquartered in Detroit, Michigan. GM also has partnerships with Fiat Auto SpA of Italy; DaimlerChrysler AG of Germany; and Fuji Heavy Industries, Ltd., Isuzu Motors, Ltd., and Suzuki Motor Corp. of Japan. The company has a wide array of product line under the brands Chevrolet, Pontiac, GMC, Oldsmobile, Buick, Cadillac, Saturn, and HUMMER. The company's marketing arm is supported by retail dealers and distributors in the United States,...
7 Pages(1750 words)Essay

Toyota Motor Corporation

...Task One Important s It should be mentioned that Toyota Motor Corporation’s annual report presented all consoli d financial ments (Income statement, Cash Flows and Balance Sheets) in Japanese Yen; however, some statements also provide US Dollars conversion. Hence, the researcher has used both Dollar and Yen figures (where necessary for personal ease) to calculate ratios. 1.1 - Liquidity/Solvency 1) Current Ratio = Current Assets / Current Liabilities (in millions of US $) = 140516 / 114856 = 1.22 2) Acid Test = Current Assets – Stock / Current Liabilities (in millions of US $) = 140516 - 15288 / 114856 = 1.09 As far the liquidity / solvency of...
12 Pages(3000 words)Essay

Toyota Motor Corporation

...The 5C’s of credit for Toyota Toyota Motor Corporation was started in 1933 in Japan. It is a business dealer in automobile as well as finance services and housing deals. The company stands as the leader in the automobile industry followed by general motors and other car manufacturing industries. The company has its wings spread all over the world supplying cars. It makes about 40% of all vehicles in the world selling half in its domestic market and the rest international. It has 511 subsidiaries and 217 associate companies by the end of March, 2011. It has been argued that the company sells its merchandise at very high cost leading to abnormal profits. This report looks...
2 Pages(500 words)Essay

Toyota Motor Corporation

...Toyota Motor Corporation Toyota Motor Corporation, a Japanese automotive manufacturer, has created a name for itself in the world market for producing automobiles of the topmost quality. Toyota strictly adheres to its quality control measures so as to consistently upkeep quality in the production over the years. A very important issue in the present competitive world is product quality. American companies are facing stiff competition from high quality of the Japanese products, which has led them to conduct detailed research pertaining to product...
9 Pages(2250 words)Essay

Total Quality Management and ISO in Toyota Motor Corporation

...Total Quality Management and ISO in Toyota Motor Corporation Introduction Toyota Motor Corporation is one of the largest and most recognized automotive companies in global market. The company produces high quality motor products acceptable by a good number of the global population. The company is mainly focused on the creation of automobiles products that includes sports and luxury vehicles. The Toyota Motor Corporation is also an international largest invention and innovation company. Due to its exceptional performance, the companies have received several rewards and...
13 Pages(3250 words)Dissertation
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Term Paper on topic Quality Management at Toyota Motor Co for FREE!

Contact Us