Publications
Publications
- November 15, 2022
- Harvard Business Review Digital Articles
What Really Makes Toyota’s Production System Resilient
By: Willy C. Shih
Abstract
Toyota has fared better than many of its competitors in riding out the supply chain disruptions of recent years. But focusing on how Toyota had stockpiled semiconductors and the problems of other manufacturers, some observers jumped to the conclusion that the era of the vaunted Toyota Production System (TPS) was over. Not the case, say Toyota executives. TPS is alive and well and is a key reason Toyota has outperformed rivals. Much of this has to do with how it partners with its suppliers.
Keywords
Supplier Relationships; Manufacturing; Supply Chain; Production; Auto Industry; United States; Japan
Citation
Shih, Willy C. "What Really Makes Toyota’s Production System Resilient." Harvard Business Review Digital Articles (November 15, 2022).