In: Economics
The Toyota Motor Company is a global automobile manufacturer that operates on five different continents. In the United States, it runs five major assembly plants. To manage its operations efficiently and effectively around the globe, Toyota uses several types of information systems. It uses the Internet and global networks to communicate with its offices, plants, and dealerships around the globe. Toyota is one of the founders of the Toyota Production System, an early version of the Just In Time (JIT) inventory system. This system allows Toyota to have on hand the exact number of components needed at any time in order to continue its operations, given that waste often occurs when components are inventoried and stored. To use a JIT inventory system, Toyota’s GIS must be capable of managing real-time inventory, not only within its own manufacturing facilities but in all of its suppliers’ facilities. Because of this, Toyota requires all of its suppliers to have a system capable of interfacing with the one Toyota uses for its own operations. Toyota worked with Dell, Microsoft, and WorldCom to develop a “Dealer Daily” system that offers a centralized data center for the more than 1,100 Toyota and Lexus dealers in the United States. This system allows dealers to spend more time focusing on selling cars and less time on paperwork. For example, the system is capable of providing a response to a financing application in 15 seconds. Using Oracle E-Business Suite 12.1, Toyota Motor Europe (TME) implemented Toyota’s Vehicle Order Management (VOM) system. This system, which encompasses 13 countries, enables TME to improve its European operations by reducing delivery time to customers and managing inventory more efficiently. As a result, the system reduces operating costs. Answer the following questions: 1. What role do global networks play in the effective implementation of JIT? 2. What role does the Dealer Daily system play in Toyota’s implementation of a GIS? 3. What is the function of Vehicle Order Management (VOM)? 4. How many countries will be impacted by VOM and in which part of the world?
Answer :-
1) :- The early form of the Toyota production system is in the nick of time or JIT inventory. In the given case, it is expressed that the motor company has various working environments alongside various branches in five distinctive terrain, this present company's essence in various areas with various branches makes the company a worldwide vehicle manufacturer. Toyota ought to have been fit to utilize this stock to oversee ceaseless stock with the workplaces of its supplier.
Global Networks assists with connecting and communicate with workplaces, plants and dealerships found somewhere else on the planet so operations and other significant things can be taken care of proficiently and adequately. This causes you to know about what's happening in the workplaces in different pieces of the nation.
2) :- The GIs of Toyota ought to be completely fit for dealing with all the real-time inventories of their production organizations just as their procurement services. To control these inventories, all suppliers need systems that can set up an interface with one gadget for effective operation.
To do this, Toyota worked with different notable programming organizations, for example, Microsoft, Dell, and so on and built up a system called Dealer Daily. The incorporated system gives a concentrated system that can be utilized all through the U.S. by in excess of 1100 Toyota and Lexus dealers. The system's principle advantage is that it disposes of desk work and in this way causes dealers to concentrate on managing vehicles viably.
3) :- Toyota Motor Europe (TME) executed Toyotas Vehicle Order Management (VOM) system with the assistance of Oracle e-business suite 12.1 during the year 2011.
This system includes 13 countries and permits TME to improve the operations of Europe by diminishing the time of conveyance to the clients and handle the inventory productively. This prompts decline in cost of operation.
4) :- The impact of VOM will be an aggregate of 13 countries. These 13 countries are spread across Europe. All the company's workplaces and flexibly areas are connected on a global system, in this way directing the association's operations.
Toyota Motor Company's suppliers are based at different areas around the globe. Political instability in any piece of the existence where the workplace is found will in this way affect the company's work.
Thank You Please Upvote and like this answer it will be highly appreciated and helpful please like..it really means a lot.