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...organizing philosophy behind TPS is popularly ascribed to a concept called kaizen - Japanese for "continuous improvement." In practice, it's the idea of empowering those people closest to a work process so they can participate in designing and improving it, rather than, say, spending every shift merely whacking four bolts to secure the front seat as each car moves down the line. Continuous improvement constantly squeezes excess labor and material out of the manufacturing process: people and parts meet at the optimal moment. Kaizen is also about spreading what you've learned throughout the system. And then repeating...
...Toyota's bosses are desperately hoping the worst is behind it. The company has resumed production at five factories in North America after shutting down sales of eight key models to repair the sticky accelerator pedals. Dealers will be able to sell existing inventory once the pedals are repaired, says Jim Lentz, Toyota's top U.S. sales executive. The faulty pedal has been redesigned, and new models coming off the assembly lines are getting new pedal assemblies...
When Jeremy Lin connected from behind the arc with just under a minute to play to pull the Crimson within five, the bleachers were shaking. They didn’t stop trembling until Lin’s last-second three hit the front rim and fell short...
...What won't be so simple is restoring the faith and confidence in Toyota, which has allowed what might have been a containable problem to explode into a full-blown crisis by continually being a step behind in the management process. "I've never regarded Toyota as invincible, a company which never makes mistakes," Toyoda said on Tuesday. "However, when we do find something wrong, or when our customers point out problems, we have always made the adjustments to manufacture improved future products. And I'm very confident that we can continue to deliver the way we have...
...bespectacled Sirou Hirayama, times have never been so bad. He and his wife Kiyomi, standing behind the counter at the Toyomi pharmacy in downtown Toyota City, home to Japanese car giant Toyota Motor, complain that the global recession has so punished the local economy that his sales are down 20% from 18 months ago. Now, with Toyota facing a crisis over the safety of its cars, Hirayama fears more hard times down the road. "Toyota was known for quality cars. Now that's changed 180 degrees," he says. "I'm fearful of the impact. The whole area is dependent...