Forbes.com – Partial Production to Start Tuesday
Reuters Article – Toyota to Resume Full Production Wednesday
What do the Chicken Littles at the WSJ have to say now? After the earthquake in Japan last week, the WSJ ran a predictable story about how JIT “backfired” on Toyota. They are back up and running. Their plan is to make up lost production over the course of the year through OT. I'm sure that's still cheaper (and better for quality) than having held large inventory stocks to protect them from a rare catastrophic event.
Toyota Motor Corp. said it will operate at all of its domestic factories on Wednesday after it had resumed partial production at some of its car assembly factories on Tuesday.
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Mark Graban
Mark Graban is an internationally-recognized consultant, author, and professional speaker who has worked in healthcare, manufacturing, and startups. He is author of the Shingo Award-winning books Lean Hospitals and Healthcare Kaizen, as well as The Executive Guide to Healthcare Kaizen. His most recent book is the anthology Practicing Lean that benefits the Louise H. Batz Patient Safety Foundation, where Mark is a board member. Mark is also a Senior Advisor to the technology company KaiNexus. His latest book has been released as an "in-progress" book, titled Measures of Success.