Subject category:
Production and Operations Management
Published by:
International Institute for Management Development (IMD)
Version: 01.05.2017
Length: 21 pages
Data source: Field research
Abstract
This is part of a case series. Maersk Line is the world's largest container shipping company. The industry is fierce and margins low, forcing all to fight for market shares by having lowest cost in operations. In 2014, Maersk Line Operations embarked on a journey to change the game towards maintaining cost leadership forever. The cultural transformation, build on lean principles developed by Toyota Motor Corporation for decades, aimed at developing a learning operations organisations who constantly, and with much higher speed than competitors, would be able to improve the business and drive out waste and cost.
Location:
Industries:
Size:
23,000 employees, 31.2b USD revenue (2015)
Other setting(s):
2 years (2014 - 2015)
Subject category:
Production and Operations Management
Published by:
International Institute for Management Development (IMD)
Length: 13 pages
Data source: Field research
About
Abstract
This is part of a case series. Maersk Line is the world's largest container shipping company. The industry is fierce and margins low, forcing all to fight for market shares by having lowest cost in operations. In 2014, Maersk Line Operations embarked on a journey to change the game towards maintaining cost leadership forever. The cultural transformation, build on lean principles developed by Toyota Motor Corporation for decades, aimed at developing a learning operations organisations who constantly, and with much higher speed than competitors, would be able to improve the business and drive out waste and cost.
Settings
Location:
Industries:
Size:
23,000 employees, 31.2b USD revenue (2015)
Other setting(s):
2 years (2014 - 2015)
Related
Subject category:
Production and Operations Management
Published by:
International Institute for Management Development (IMD)
Length: 13 pages
Data source: Field research