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Essay / Research Paper Abstract
This 10 page paper examines the supply chain management at McDonalds, looks at six of the main components; the sourcing of the suppliers, the transportation, inventory management, the ordering process, storage and outbound logistics. This is used to assess the ways that the firm may improve their supply chain management. The bibliography cites 7 sources.
Page Count:
10 pages (~225 words per page)
File: TS14_TEMcDSCimp.doc
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Unformatted sample text from the term paper:
Abstract The management of the supply chain at McDonalds is efficient, with a system that supports reliability and consistency across the globe. The processes is aided by close
relationships with a limited number of suppliers and the custom development of the Manugistics system. However, there are some weaknesses, the limited number of suppliers means there is a weakness
in terms of contingency planning and the automated ordering system with a set schedule of deliveries means there is little flexibility in the system. The recommendations are to increase contingency
planning, increasing potential suppliers and the links with suppliers in neighbouring areas. It is also recommended that the Manugistics system be adapted to alert of stock shortages and locate stores
which may have a surplus to support efficient internal transfers. 1. Introduction The operations of any firm will be highly reliant on the way in which the supply
chain is managed. For a firm such as McDonalds, where there is a fast turnover of many products prepared from minute to minute, there is a heavy reliance on
having the right goods in the right place at the right time in order to supply the customers. The aim of this paper is to look at the main elements
of that supply chain and consider the way that it operates as well as the potential problems which exist at every stage in order to identify areas where there may
be improvements. The six main components of the supply chain for McDonalds is the sourcing of the suppliers, the transportation, inventory management, the ordering process, storage, and outbound logistics.
2. McDonalds McDonalds is a global fast food company, founded in 1948 by Dick and Mac McDonald the firm was transformed in 1954 by Ray Kroc who took over the
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