Toyota’s production system is steeped in the philosophy of “the complete elimination of all waste” imbuing all aspects of production in pursuit of the most efficient methods. It attempts to “make things,” which can be referred to as a “lean manufacturing system,” or a “Just-in-Time (JIT) system,” which today is a subject of global study. The system is continuously working on improvement, attempting to “make the vehicles ordered by customers in the quickest and most efficient way, in order to deliver the vehicles as quickly as possible.” Today, Toyota continues to add capacity, invest in hybrid technology, and roll up the healthiest profits in the industry. It manufactures a diverse line-up of vehicles throughout the world. As an innovative leader, the company is known for its management philosophy and a global leader in first mass-market hybrids.
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