Toyota to cut auto parts costs by 30%, reports say


I do not know if Toyota plans to further squeeze the margin of its current supply chain with its JIT system.

Rather, it needs to look into a long term solution from an R&D approach. Perhaps, Toyota can look into ways to reduce the overall part weight of the car by replacing more metallic parts into crude-based engineering plastic or new advanced innovative material in a calibrated fashion taking due consideration the overall impact the car would have on the environment and of course without compromising the safety of it when on the road.

Jonathan Lee