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Ford creates the first moving assembly line, reducing chassis assembly time from over 12 hours to less than 3 hours.
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Sakichi Toyoda sells foreign rights to loom and Kiichiro Toyoda visits Ford and European companies to learn the automotive business
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Just-in-time concept established at Koromo / Honsha plant by Kiichiro Toyoda. JIT wa later severely disrupted by World War II.
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Lean manufacturing continues to grow and change and is now used more and more throughout other companies. It all started with Henery Ford's assembly line and a man named Kiichiro Toyoda realizing that the idea of producing things in a more timely manner would increase productivity.