The price tag for Toyota’s recent recall campaigns is estimated to be more than $2 Billion and the loss in share holder value is likely many times more than this. Yet we remain optimistic and anticipate that Toyota will make it through this…
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Quality is Priceless
Posted in Advanced Lean Manufacturing, Cost Control, Quality Tagged with: Lean Execution, Lean Integration, Quality is Free, Quality is Priceless, Toyota Recall
Toyota: Managing Nightmares
The Nightmare Toyota continues to be plagued by recalls. The current acceleration issues (either floor mats or “sticky” accelerators), braking issues on the Prius Hybrid, and now reports in the USA of steering problems with 2009 and 2010 Corollas. While the majority of the news…
Posted in Advanced Lean Manufacturing, APQP, Problem Solving, Risk Management, Root Cause Analysis, Trouble Shooting Tagged with: Toyota, Toyota Crisis, Toyota Nightmares, Toyota Recall
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