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REPORT: Toyota cutting supplier expenses by 30%, probably means using cheaper parts
1 hour, 46 minutes ago ago from Auto Site News
Filed under: Plants/Manufacturing , Toyota , Earnings/Financials As with every other automaker heck, almost every other company Toyota wants to save more money. Japan's Asahi business daily revealed a Toyota initiative to lower its parts expenses by 30% over the next three years, and it is one that we're all too familiar with: Toyota told its suppliers to cut their prices by 30-40%. Can anyone guess how suppliers will most likely remove ...
Related contentWhat do you know about Lean Manufacturing?
20 hours ago ago from Lean Manufacturing Blog
Lean business practices, first developed by Toyota, are being adopted by many US companies today. Have you heard of Lean, or has the company you work for been through a Lean transformation? If so, how long did it take and how is it going? The company I work for is about 2 years in now.
Related contentHow can we make hybrid cars more affordable?
10 hours ago ago from Internet solutions
Using the Democratic campaign slogan, more affordable healthcare, how do we make them that way? In order to combat global warming, I think hybrids have to be more in access with the masses. I think the best solution is market COMPETITION because when Toyota started to build its Prius other car companies followed like Ford with its Escape and Mariner, GM with its Chevy Malibu and Cadillac Escalade, Daimler Chrysler with its Mercedes S-Class ...
Related contentToyota Mum on Reports of Charges Dropped in Probe of Neglected Recalls
22 hours ago ago from Daily Automobile News
A major Japanese business daily reported Tuesday prosecutors against filing charges against three Toyota officials under investigation distrust avoiding recalls led accident. Paul Nolasco, Toyota Motor Corporation’s spokesman, declined comment Nikkei report saying company officially notified . Prosecutors Kumamoto, southern Japan accident happened, declined comment. Toyota denied wrongdoing case. Without citing sources, Nikkei ...
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