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

 

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

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

Image

Latest

Breaking the Cycle and Inspiring Others
July 23, 2024

Nowadays, the traditional path to education is being questioned more than ever and there are numerous stories that provide a beacon of hope for those considering alternative routes. As the number of adults without a high school diploma reaches nearly 22 million in the United States, the importance of understanding and embracing non-traditional education…

Read More
School Safety and Regulatory Compliance
Approaching Safety and Regulatory Compliance with Intent and Purpose
July 23, 2024

In this episode of School Safety Today by Raptor Technologies Michelle Dawn Mooney sat down with special guest, Carrie Mockler, the Vice President of Operations at PublicSchoolWORKS, a Raptor Technologies company. PublicSchoolWORKS is a fully automated, all-in-one learning management system for online training for school staff and a comprehensive risk management program. Key Takeaways: •…

Read More
The Power of Self-Compassion in Leadership and Cognitive Diversity Can Transform Workplaces
July 23, 2024

Mental health and a sense of belonging are critical issues in today’s workplaces. So much that it is essential to practice self-compassion and form a better understanding of cognitive diversity. Leaders today must navigate the complexities of fostering connection and reducing isolation among their teams. Recent studies indicate that 40 percent of employees feel…

Read More
Knox Kronenberg
Passion, Nature, and Fine Art Photography with Knox Kronenberg
July 23, 2024

In the ever-evolving world of fine art photography, capturing the intersection of the old and the new is both a challenge and an art form in itself. Knox Kronenberg, a prominent photographer based in Austin, Texas, embodies this intersection through his work, which uniquely blends historical elements with modern contexts. As technology advances and…

Read More