The need for flexibility

In a world economy where globalization reaches almost every corner, the need for a company to attain flexibility has acquired tremendous importance to remain competitive and profitable. This Thesis would present the importance of flexibility in times of uncertain conditions (natural and socio-economic), it would present an analysis of the struggle of Toyota Motors Manufacturing Texas and one of its on-site suppliers Futaba Industrial Texas “FIT” to attain Manufacturing Flexibility through different economic crisis and a natural disaster presenting its strategies to mitigate economic losses and cope with the turbulent environment by developing robust systems.