016-Innovation-500

Fall 1988
Volume 30, Issue # 1

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11-Innovation-500

The Merit of Making Things Fast

  • Read Time: 18 min 

AN AUTO PARTS MANUFACTURER in Northern Europe started to slip in profitability. For historical reasons, manufacturing was organized in a very disjointed way with facilities scattered over the countryside, each managed independently and concentrating on only a part of the full production process.

16-Innovation-500

Manufacturing Innovation: Lessons from the Japanese Auto Industry

  • Read Time: 30 min 

SEVERAL STUDIES published in the 1980s indicated that Japanese firms, led by Toyota, have achieved the highest levels of manufacturing efficiency in the world automobile industry. Physical productivity, which reflects the “throughput” speed for completing products and the amount of labor required, has been significantly higher than in most U.S.