Overview

This book analyzes the purpose and relationship between the different elements of the Toyota Production System (TPS) and how they add up to an economic system rather than just a production system that brings engineering and managerial solutions to businesses. It argues how TPS can be viewed as a science as opposed to a tool-based technique. Our society faces unprecedented economic, social, and environmental challenges. Thankfully, TPS offers solutions. These solutions are born out of Toyota's dissatisfaction with simple cost-benefit analyses and trade-offs. It challenges the antiquated model of economies of scale and radical individual asset efficiency. The Toyota Production System offers technical and managerial innovations that eliminate pre-existing financial, socio-economic, and environmental contradictions. The result is congruency between several factors and agents of our society that have conflicted in the past. Specifically, TPS does the following: Financially, TPS creates congruency between the Income Statement and the Statement of Cash Flow by pursuing total instead of individual efficiency. Socio-managerially, TPS reconciles the creative nature of people with the mundane requirements of modern industrial work by re-introducing craftsmanship into industrial operation. Economically, TPS lessens the conflicts between economic growth and environmental stewardship by eliminating, unevenness, overburden, and waste instead of only chasing economies of scale. These innovations bring financial benefits to the corporation, social benefits to the workers, and economic and environmental benefits to society at large. Each benefit supports the others as opposed to itself individually. The result is true instead of apparent efficiency. This is measurable, repeatable, and worth making into a scientific discipline, which can be taught and applied more widely not just to business haphazardly, but systematically to the broader aspects of our economies.

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9781032391526

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Reviews

Study this book to fully understand the complex thinking and simple practices that have gone into the evolution of the Toyota Production System (TPS). The application of these principles have been adopted by the most successful businesses around the world. -- Jeff Colvin, Principal, D3Strategy The book offers an expanded view of TPS as a system and explanations that will accelerate your learning and up your game. It is a great resource for anyone who wants to get a better understanding of TPS and how to use it to improve operations while simultaneously optimizing the P&L and the Balance Sheet. The author provides detailed explanations of the various components of TPS and how they fit together to create an effective system. Overall, this is an excellent resource for anyone looking to learn about TPS. Highly recommended. -- Ken Friedman, CEO, Bestop Premium Accessories Group This book is for those of us growing up in the throes of Operations and either blindly or faithfully trying to adhere to the Toyota Production System (TPS) principles. Now, we can learn from one trained by the masters and go beyond the mechanics of production. TPS is truly more than a production or Operations system, it is an economic system. When explained in this holistic light, a new world of opportunity is opened to us. In his book, Olivier does an impressive job of explaining and defending this systemic visualization for all of us. -- Michael Rowen, COO, Adient Aerospace

Study this book to fully understand the complex thinking and simple practices that have gone into the evolution of the Toyota Production System (TPS). The application of these principles have been adopted by the most successful businesses around the world. -- Jeff Colvin, Principal, D3Strategy

Author Information

Olivier Larue is a senior executive consultant and president at Ydatum, Inc., which partners with public corporations and private equity clients in operation design and management. He has more than 30 years of hands-on experience with the Toyota Production System (TPS). He worked with the Toyota Supplier Support Center in North America (TSSC), Operations Management Consulting Division in Japan (OMCD), and New United Motor Manufacturing (NUMMI) before founding a consulting firm in the Bay Area focused on implementing TPS in a variety of industries. Olivier has led organizations, from Fortune 500 to minority companies, in the design and implementation of industrial engineering and managerial business solutions for 25+ years with documented savings exceeding two billion dollars. He has the expertise and hands-on experience with TPS/Lean enterprising and has developed hundreds of leaders around the world. Olivier excels at working with everyone from executives to shop floor operators to deliverer higher quality products and services at a lower cost and with a shorter supply lead time based on the Toyota Production System. He earned an MS from Saint Mary’s College of California, a BS in Business Administration, Management and Operation from the Faculte des Sciences Economiques of Rennes 1, France, and a Bio Resources Management Bac D’ from Theodore Monod Lycee, France

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