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Toyota Unveils Revamped Manufacturing Process
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Toyota benchmarks a production method of using MQB platform introduced by VW in 2012, and adopts it for its New Global Architecture for manufacturing plants. The method allows production of multiple models in one plant, and even on one production line, reducing costs by about 30%. The Prius and the Lexus will be made using this method, and Toyota will shift half its production to the new method by 2020.
Toyota's benchmarking of VW's MQB production platform and use in its manufacturing processes in 2015-2020
03/27/2015
Toyota is moving to a production method introduced by VW in 2012, which allows multiple models to be made in the same plant, and even on one production line. Toyota calls it the New Global Architecture for manufacturing. The Prius and Lexus brands will be the first to be manufactured in this way. Toyota plans to have smaller production lines and use the shift in methods to reduce costs by 30%. Toyota will also source more parts from outside its traditional supplier base to include Continental AG and other foreign suppliers. Toyota like Sony was once a pioneer in its field, Japanese companies are now looking outside for new ideas and methods. The Not Invented Here Syndrome is now a thing of the past in Japan, as Japanese companies benchmark their western competitors.
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Toyota Unveils Revamped Manufacturing Process
Wall Street Journal 03/27/2015
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