Supply Chain Risk Management and Resilience
Dmitry Ivanov (),
Alexander Tsipoulanidis () and
Jörn Schönberger ()
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Dmitry Ivanov: Berlin School of Economics and Law
Alexander Tsipoulanidis: Berlin School of Economics and Law
Jörn Schönberger: Technical University of Dresden
Chapter 15 in Global Supply Chain and Operations Management, 2025, pp 497-537 from Springer
Abstract:
Abstract Toyota Motor Corporation, a globally recognized leader in the automotive industry, produces vehicles in 28 countries and serves over 170 markets worldwide (Toyota 2021). In 2023, the company achieved a worldwide production volume of 9.1 million vehicles despite challenges in the global supply chain (Reuters 2023). Toyota is also famous for its Toyota Production System (TPS) and lean management (see Chap. 9 , Sect. 9.5), which include several key pillars such as automation (Jidoka) and just-in-time. The primary goal of TPS is to eliminate waste and redundancies, such as excessive inventory, which are considered wastes (Toyota 2021b). Contrary to conventional beliefs about a trade-off between lean and resilience, Toyota has argued that TPS provided them with resilience during the global chip shortage in 2021.
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-031-95859-5_15
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DOI: 10.1007/978-3-031-95859-5_15
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