What does TPS mean in General Business?

This page is about the meanings of the acronym/abbreviation/shorthand TPS in the Business field in general and in the General Business terminology in particular.

Toyota Production System

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Definition

What does TPS mean?

Toyota Production System
The Toyota Production System (TPS) is an integrated socio-technical system, developed by Toyota, that comprises its management philosophy and practices. The TPS organizes manufacturing and logistics for the automobile manufacturer, including interaction with suppliers and customers. The system is a major precursor of the more generic "lean manufacturing". Taiichi Ohno and Eiji Toyoda, Japanese industrial engineers, developed the system between 1948 and 1975.Originally called "just-in-time production", it builds on the approach created by the founder of Toyota, Sakichi Toyoda, his son Kiichiro Toyoda, and the engineer Taiichi Ohno. The principles underlying the TPS are embodied in The Toyota Way.

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"TPS." Abbreviations.com. STANDS4 LLC, 2024. Web. 10 Nov. 2024. <https://www.abbreviations.com/term/76284>.

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