Ever
wondered how the bookish knowledge is applied in multi-national industries.
Well, it all becomes so clear when you have an opportunity to visit the working
environment of a giant industry. The day started with a briefing on safety and
rules which are mandatory for every visitor to follow.
It was not just a
visit of a manufacturing facility but also about the corporate insight. The
most astonishing fact revealed was that Toyota is the only automobile
corporation which is within the top 10 ranking of Forbes 2015. With the vision
to work for delighting customers it proudly manufactures a variety of
automobiles which come in all sizes. These include Vigo champ, Fortune, Hilux,
Corolla, Coure, etc
The
Toyota Pakistan plant ranks#4 among all Toyota plants in the world. Though
Toyota provides technical assistance to several vendors to grow their business,
quality always remains the top priority. And that’s the reason behind a two
year delay for each new model. This time includes a detail working on testing,
trials and vendor localization. These efforts has made it possible today that
Toyota-IMC purchases 110 million local parts every day i.e. 60% localized.
Toyota believes in transparent business. Since last 25
years, is has paid an amount of Rs.250 billion in taxes. Along with that price
of product remains constant throughout the years. The exact same $ amount. What
makes it look expensive is the increase in $ value for which no one can blame
any industry.
Toyota
owns its corporate social responsibility (CSR). It concern is beyond cars.
Along with continuous training of 2700 direct employees, it has covered several
social aspects including:
1.
Road safety
2. Environment
3. Education
4.
Health services
5.
Calamity
Syed Asad Ali Naqi (B.E)
IM-NEDUET
