

The success of Toyota has been achieved not only through the Toyota Production System (TPS) tools but its management principles. This presentation explores the Toyota management principles, provides a comparison of the Toyota Way and Theory of Constraints (TOC), and shares 7 Key points for designing a profitable manufacturing system, specifically: Throughput Accounting, embracing variability, using simulation, designing in the bottleneck, designing out management constraints, validating TOC and other lean game changers, and finally, understanding the accuracy of your analysis.
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