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Managing the Supply Chain - Essay Example

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Managing the Supply Chain Table of Contents Table of Contents 2 Introduction 3 Background of Toyota Motor Corporation 3 Organizational Structure & SCM 4 Product Development Process & SCM 5 Procurement Process & Supplier Decisions 6 Legal Issues & International Contracts 7 Inventory Management 7 Conclusion 8 References 9 Appendices 10 Introduction This project presents the supply chain management of Toyota Motor Corporation, the Japan-based third largest automaker in the world…

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Managing the Supply Chain

Each of these factors related to Toyota have been discussed in the following sections. Background of Toyota Motor Corporation Toyota Motor Corporation was founded in 1927 by Kiichiro Toyoda and it is presently a multinational automaker employing 317,716 employees worldwide. The majority of the company’s sales are generated from the overseas regions. There are currently 15 companies under the Toyota Group including non-automotive companies Towa Real Estate and Toyota Housing Corporation (Appendix 1). The company has a large fleet of cars, MPVs, SUVs and hybrid models. Toyota’s global vision is to exceed the expectations and rewarded with a smile through its commitment to quality, respect for planet and constant innovation (Toyota Motor Corporation-a, 2012). Toyota has its operations worldwide including Canada, U.S.A., Latin America, Europe, Asia, Africa, Australia and Middle East. Its regional headquarters are in U.S.A., Belgium, Thailand and Singapore whereas its major R&D centers are in U.S.A., Japan, France, Belgium, Thailand, Australia and China (Toyota Motor Corporation-b, 2012). ...
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