Wednesday, May 6, 2020

Logistics Of Ford Vs Toyota - 3500 Words

Topic: Logistics of Ford VS Toyota Company background Ford Ford was founded on June 16th 1903 by Henry Ford. It is based in Dearborn, Michigan in the United States. Ford Australia was founded in 1925 in Geelong. Ford Australia builds 3 models and imports other models from various countries. Toyota Toyota was founded by Kiichiro Toyoda on August 28 1937. The headquarters of Toyota is in Aichi, Japan. Toyota was established in Australia in 1963. It is based in Port Melbourne. Toyota Australia builds Camry, Camry Hybrid and Aurion. It also imports other ranges of Toyota models from other countries. The companies’ overall supply chain model The ford motor company uses the six sigma stream line operation model that its supply chain is based on. This model was design by Penske on several initiatives. The aim is to create a more centralised logistics network, this was to cut down on carrier discrepancies, premium costs and reducing shipment overages as well as give accountability procedures to all suppliers and customers. Also reorganising their labour force giving the entire company a new flexible supply chain and manufacturing strategy. Toyota Motor Co. Ltd applies the lean management model and the just-in-time supply chain model with emphases on constantly finding ways to improve their systems and building on supplier relationships and high quality production. The company has linked its entire supply chain to focus on high performance and customer service as well as instillingShow MoreRelatedToyota Recall Crisis6841 Words   |  28 PagesProceedings of the 2012 International Conference on Industrial Engineering and Operations Management Istanbul, Turkey, July 3 – 6, 2012 Car Recalls: A Problem Unique to Toyota or For All Car Makers? 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