Crisis in Japan--Cost reduction Efforts in Toyota

[demingtw <demingtw@ms17.hinet.net>]

Dear Denizens,

You might like to read one report on the significant cost saving war of
Toyota.

'The broader message is clear: If Toyota is ditching its old habits,
longtime  suppliers had better follow. "We won't give handouts anymore,"
says  Jagawa.'

That points out the suppliers systems are transforming and business is
business worldwide.

Please click
http://www.businessweek.com/magazine/content/01_15/b3727070.htm
'Japanese Auto Makers: Machete* Time'  if you like.

Hanching Chung
http://www.deming.com

[*  HC asked about the meaning of machete in this context.  A machete is a long
wide knife used for chopping away heavy wooded growth, as in a jungle.  This
"hacking" of undergrowth has become a metaphor for chopping at anything to
reduce it - in this cast, chopping away costs., ]