McDonald’s

CO, ADELYN                BM702P        #LOGISTICS

• CASE STUDY ON: McDonald’s (Inventory)
• DATE: August 10, 2017

• BACKGROUND

McDonald’s is the world’s leading global food service retailer with over 36,000 locations serving approximately 69 million customers in over 100 countries each day. More than 80% of McDonald’s restaurants worldwide are owned and operated by independent local business men and women.

• POINT OF VIEW

McDonald is a restaurant that offers 24 hours of service. Inventory management, specifically stock management, is a challenging task for every McDonald’s manager. Stock management includes two parts, forecasting demand so that products will not be thrown as waste, and controlling stock accurately for raw materials. And also meet the customer needs without wasting time, money and efforts.

• STATEMENT OF THE PROBLEM

All businesses face challenges every day, one of the major challenges facing McDonald’s is managing inventory. Inventory management involves creating a balance between meeting customers’ needs whilst at the same time minimizing waste or how to meet customer needs and reducing waste.

• ALTERNATIVE COURSES OF ACTION

1. Using extra materials to reduce waste.

Pros: Create new products using extra materials.

Cons: It depends if the new product can satisfied customers.

1. On time delivery of materials.

Pros: to less shortage of materials/product.

Cons: they always need to maintain the supply of the materials.

1. Financial

Pros: To less the expenses of the company.