TPS (Toyota Production System)
The Toyota Production System (TPS) is an integrated approach to manufacturing and logistics. It seeks to reduce costs and improve efficiency through the use of standardized processes, optimized workflow, short delivery times, and highly motivated employees. TPS works by breaking down the barriers between departments, such as procurement and production. The goal of this integration is to increase productivity and reduce both waste and errors in the supply chain. In turn, businesses can save money and streamline their operations to become more competitive in the global market.
