The Fourth Revolution: How the Toyota Production System Can Cut Costs and Grow Your Company

+ more

 

The Fourth Revolution explores the evolution of and science behind lean production practices with guest Stephen Dardaris, director of continuous improvement for Hillrom. From post-war factory production to modern-day automation, manufacturing has evolved and continues to change. Dardaris explained how Toyota’s Production System fits into production history while still influencing global manufacturing efficiency with revolutionary ideas and practices.

Applicable for more than just cars, the Toyota Production System can apply to a variety of production environments, particularly high-mix, low volume production. Dardaris moved through the holistic picture of a company, from supply to assembly, transport and even accounting. By trimming away the fat and honing in on real, lean numbers, the Toyota Production System returns tangible profits.

Lean production may seem like a no-brainer for better, more profitable production, but Dardaris said doing “lean” things is a lagging measure that produces results over time, not necessarily immediately upon implementation.

For this reason, some lean practices require a leap of faith and trust in what may seem like radical change. Most companies, Dardaris said, are caught in the middle, afraid of risk and trusting the process. The Toyota Production System is not a “cost-out process,” a simple money-saving initiative.

On the contrary, Dardaris said, TPS is a growth strategy, a business initiative designed to be more than just save a money-saver and a streamlining concept with an eye for big growth.

For the latest news, videos, and podcasts in the Transportation Industry, be sure to subscribe to our industry publication.

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Latest

What’s Next in the World of Email Automation?
April 23, 2021
Greg Norton is a Marketing Cloud Account Executive at Salesforce, and he shared his thoughts about what's next in the world of email and automation, "I could think of it in terms of three Read more
Empowering Better Communication among Community Healthcare Stakeholders
April 23, 2021
The challenges healthcare executives and administrators face are constantly changing. Host Kevin Stevenson talks with the heroes behind the heroes that are enabling hospitals, urgent care centers and telemedicine Read more
How a Year of Disruption Bred Unprecedented Innovation in Education
April 23, 2021
How do you extrapolate insights on pandemic leadership, the role of women in EdTech, and the dynamics of Zoom in just over 20 minutes? Listen to Kelli Campbell, President of Discovery Education as she Read more