A 3000 Portfolio Assignment Essay Example | Topics and Well Written Essays - 2750 words

A 3000 Portfolio Assignment - Essay Example For instance, leagile might involve the use of lean strategies for managing the supply of high volume products that are also in high demand and opting to use agile (make-to-order) for every other thing (Pagell and Shevchenko, 2014, p. 50). The leagile system can also opt to have a flexible production capacity with the purpose of meeting demand surges or unexpected needs/requirements. Alternatively, leagile might involve postponing whereby forecasting is done using â€Å"platform† or essential products, and then the final customer order would determine the final configuration and assembly of products (Selviaridis and Norrman, 2014, p. 160). The case study for which we will use to analyse the leagile system of management is the Toyota Company particularly in the manufacture of its Scion line of cars. The Toyota Motor Corporation is an automobile manufacturer situated in Japan with its headquarters in the city of Toyota, Aichi.As of the last financial quarter of 2014, Toyota was the largest multinational company in the world in terms of revenue. As of 2012, in terms of production, Toyota leads companies such as General Motors and Volkswagen Group having produced its 200 millionth vehicle on the July of that year. The company’s origin dates back to 1937 when Kiichiro Toyoda founded it as a separate part of Toyota Industries owned by his father and its purpose was to manufacture automobiles (Sharma, Bhat and Routroy, 2014, p. 10). The multinational corporation produces its vehicles under five lines or brands. These are the Scion line, the Ran brand, Lexus and Hino brand. This study will focus on the Scion brand of v ehicles in analysing the Leagile system of supply chain management. Toyota produces the Scion brand of vehicles for the North American market, and the production started in 2002 with the first Scion models going on sale in