The Toyota Production System (TPS) is a manufacturing system to ensure minimum wastage while constantly striving to improve quality. TPS is efficient, flexible, and extremely quality-conscious.

Poka Yoke is one of the many ideas developed under the TPS. This revolutionary system has inspired everything from a washing machine to aircraft.

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In 2004, Lenovo bought IBM’s iconic PC division. But this wasn’t an overnight leap — it was the result of years spent learning inside the value chain.

Starting as a distributor of laptops for global brands like HP, Toshiba, and IBM in China, Lenovo moved up the value chain to become a manufacturer and is now a global leader with over one-quarter of the market share for laptops worldwide.

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Disclaimer: The stocks or financial instruments discussed in this podcast are meant for educational purposes only. Please do not consider them recommendations or financial advice of any form.

Apple is known to be restrictive in letting its devices connect or share data with non-Apple devices. It has a lot to do with delivering a clean user experience and utmost digital security. In a way, it also compels an Apple user to buy other Apple products. So, it was a surprise when Apple introduced the universal Type-C charging ports in its iPhones. While Type-C solved for user experience, Apple did it after it was forced by European regulators to either introduce Type-C chargers for its iPhones or risk losing Europe as a market.

Zerodha Varsity on Social Media:

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Disclaimer: The stocks or financial instruments discussed in this podcast are meant for educational purposes only. Please do not consider them recommendations or financial advice of any form.