Reference no: EM13371132
Requirement
The annotated outline should address each of the tasks listed above. You need to briefly describe what information you will include in each section of the report that will satisfy these requirements. Please be sure your outline and final report adhere to the Harvard Referencing System. The work that will be carried out in the outline should represent a higher-level view than the contents of the Final Project.
Introduction
Strategic objectivescan be defined as the core aims that are set and designed by the business organizations in order to achievetheir overall operational objectives.Along with this concept, it should also be noted down that, the company focuses on different operations, activities and practices in order to achieve strategic objectives effectively.These aspects are "innovation, market standing, financial resources, human resource, physical resources or equipment, productivity, social responsibility and financial growth or profit requirements"(Morrison, 2011, p.108).Organizations must implement a battery of systematic management and operation processes to ensure such objectives can be accomplished, thus management of strategic operation is critical to the organizational success.However, there are many models, processes and approaches exist, therefore, organizations must carefullydesign and select the most suitable model for maintaining the corporate competency and sustainability while aligning with the organizational long-term objectives properly, which is the essential foundation for the corporate success.
Nature of project
The project is aiming at the assessment of the strategic process of Toyota's global operation particularly the production process at the global scale on the basis of the performance objectives and manufacturing process characteristics.
- To analyse and assess the Lean manufacturing system and Just-in-Time (JIT) modeland how they are helpful in achieving the corporate objectives.
- To examine the effectiveness of various operation and process approaches in Toyota such as total supply network, capacity location, physical layout, and etc.
- To evaluate the role of approaches for managing the demand and capacity of the operation and process, and further for preventing failure and ensuring quality.