Hyogo, Japan – Toyo Tire Corp. has established a new Digital Transformation Division as part of a major restructuring bid which started earlier this year.
Launched 1 April, the new division will work towards “building an end-to-end system that connects us with customers,” said Toyo in a statement.
The move, said Toyo, aims to realise an “agile management style” and accelerate digitalisation and innovation within the company.
Toyo announced its reorganisation plans late last year, saying it would focus on the reinforcement of the headquarters function and strengthen the company’s technological capabilities.
The company's new organisation layout includes a corporate HQ, a business HQ, an R&D HQ, a production HQ as well as a sales HQ.
Additionally, the ‘fundamental production engineering headquarters’ will be dissolved under the new scheme. The production engineering division, operating under this division will be transferred to production HQ.
As part of the rejig, Toyo will dissolve its “business strategy division” and create a new supply-chain management (SCM) division within its business headquarters.
In terms of R&D, the company will dissolve its “R&D Division No. 1” and “R&D Division No. 2” and will create three divisions of advanced process development, technology development, and product development.
Also, a ‘new production method development department’ will be established under the advanced process development division.