What Toyota did is by no means magic. Many of us have been reading of “The Toyota Way”, famous for introducing a bulk of systems.
However, what Toyota, and many other giant companies really succeeded in, was to understand and work with their suppliers.
Toyota knew that component quality comes down to the process around producing them and that profit comes by cutting off all unnecessary waste around this process.
How may this be implemented into the pharmaceutical industry in which all regulations control many of the processes? …
Do you utilize your resources with the suppliers in the right way? Are your supplier a partner or just a supplier?