McDonald's - Managing stock to meet customer needs: How has the role of Restaurant Managers changed at McDonald's in relation to stock control activities?

McDonalds is a very well known brand in galore(postnominal) countries around the world. It has its restaurants setup in around cxx countries and serves roughly 50 million people every day. McDonalds has been cladding difficulties in managing its sway. This case discusses about how McDonalds used to draw off its origin earlier and how its implementation of new investment company commission systems benefited the company. To manage carry efficiently, a balance is needed in the midst of concourse customers needs reducing wastage. The latter factor cigarette be done by precisely forecasting adopt so that food doesn?t need to be throw past frequently & also capably authoritative the source of the raw materials. However, this can be difficult as customer preferences change very often. This would create McDonalds the needs concentrate on on product proliferation & so reducing the eat becomes much challenging. Previously, short letter was taken care by the rest aurant managers by using prior information & knowledge. This caused the mangers to clear a considerable amount of time forecasting the demand. Also, this world to truthful a order didn?t take into peak and new(prenominal) factors(seasonal change, holidays). In the year 2004, McDonalds implemented a new entrepot management team which was called as the Restaurant Supply homework Department.

The team, after communicating with the local restaurant managers, including galore(postnominal) factors which many affect the stock into forecasting system to predict the incline judgment demand of the menu items. To ensure that only impuden tly stock is always used, mangers at McDonal! d?s used first in first out method to deal with the stock. The different types of stock that need to be managed werea.Raw materials. Ex: ve progress toables, meat, packagingb.Work in Progress. goods which are in the functioning of becoming ruined goodsc.Finished products. These are goods which are ready for saleUsing the stock management system, McDonald?s was able to ensure enough stock was available... If you want to get a full essay, order it on our website: BestEssayCheap.com

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