Cost has been a major driving force in the development of the flash-memory technology. Because of this, serious challenges are now faced for future products on reliability and performance requirements. In this work, we propose a management strategy to resolve the reliability and performance problems of many flash-memory products. A three-level address translation architecture with an adaptive block mapping mechanism is proposed to accelerate the address translation process with a limited amount of the RAM usage. Parallelism of operations over multiple chips is also explored with the considerations of the write constraints of advanced multilevel cell flash-memory chips. The capability of the proposed approach is analyzed with reliability considerations and evaluated by experiments over realistic workloads with respect to the reliability and performance improvement.