How a company like apple or mc donald's manages its global supply chain with the help of information systems?
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Supply chain management is an important aspect of systems and operations management in an organization. The management of operations is essential in respect to every organization because it is the operational effectiveness that allows the organization in efficiently meeting out the requirements of their customers. There are various important areas that are included within the operations management in respect to an organization, and supply chain management is one such important area. Supply chain management as the name suggests is concerned with the management of flow of materials to the organization and their distribution to the final consumers after they are being processed to finished products. It is highly essential that the products must be reached to the final consumers on time. But the increasing complexities in the business processes because of higher level of globalization as pursued by them have resulted into higher difficulties in managing the supply chain process (Ballou, 2009).
There are various parties that are involved in the supply chain management process of an organization, and the efficient flow of information is essential from the point of view of managing the supply chain process in a highly efficient manner. Further, with the advancement in the field of technology is achieved, there has been higher overall application of information management systems to perform the management of supply chain process. The application of technology has resulted into the attainment of effectiveness in the process of managing supply chain. In performing the management of supply chain, the important activities that need to be carried out includes material management, and also the management of positive relationships across different important parties as involved within the supply chain of the company. Emerging technologies are also applied in performing the management of supply chain functions in an organization.
This report is aimed at performing an analysis of the supply chain function of McDonald Corporation which has been a fast food retail chain store based in US. The company operates at the international level, and it has its operations in majority parts of the world. This report initially discussed in brief about the organization and this is followed by performing an analysis of the supply chain management of the company through reviewing the approach to material management as undertaken at McDonald. The role of relationships to supply chain management would be assessed, and finally, the role played by emerging technologies in the process of successfully managing the supply chain function in the concerned organization would be assessed. Based on the findings, it would be summarized in the conclusion section of this report.
McDonald Corporation
An analysis of McDonald Corporation indicates that it is a fast food retail chain store based in US. It is a multinational corporation that operates across all corners of the world, and it is known as world’s largest chain of hamburger fast food restaurants. It accounts for serving 68 million customers on daily basis across 119 countries with more than 35000 outlets. The company is known for its hamburgers that are offered to its customers, and apart from this, there are various other offerings made to the customers including French fries, burger, soft drinks and many more. The franchise mode of business expansion strategy that has been considered by McDonald, and this mode have allowed the business in achieving significant level of growth and recognition across international markets. As McDonald is operating at such a larger level, the management of supply chain function is crucial to the organization in efficiently meeting out the needs and requirements for fast foods items of its customers. The requirements for large number of company’s customers are met by highly efficient supply chain function that is managed by the company. The next section discusses about different important elements related to supply chain of McDonald (McDonald, 2014).
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There are various parties that are involved in the supply chain management process of an organization, and the efficient flow of information is essential from the point of view of managing the supply chain process in a highly efficient manner. Further, with the advancement in the field of technology is achieved, there has been higher overall application of information management systems to perform the management of supply chain process. The application of technology has resulted into the attainment of effectiveness in the process of managing supply chain. In performing the management of supply chain, the important activities that need to be carried out includes material management, and also the management of positive relationships across different important parties as involved within the supply chain of the company. Emerging technologies are also applied in performing the management of supply chain functions in an organization.
This report is aimed at performing an analysis of the supply chain function of McDonald Corporation which has been a fast food retail chain store based in US. The company operates at the international level, and it has its operations in majority parts of the world. This report initially discussed in brief about the organization and this is followed by performing an analysis of the supply chain management of the company through reviewing the approach to material management as undertaken at McDonald. The role of relationships to supply chain management would be assessed, and finally, the role played by emerging technologies in the process of successfully managing the supply chain function in the concerned organization would be assessed. Based on the findings, it would be summarized in the conclusion section of this report.
McDonald Corporation
An analysis of McDonald Corporation indicates that it is a fast food retail chain store based in US. It is a multinational corporation that operates across all corners of the world, and it is known as world’s largest chain of hamburger fast food restaurants. It accounts for serving 68 million customers on daily basis across 119 countries with more than 35000 outlets. The company is known for its hamburgers that are offered to its customers, and apart from this, there are various other offerings made to the customers including French fries, burger, soft drinks and many more. The franchise mode of business expansion strategy that has been considered by McDonald, and this mode have allowed the business in achieving significant level of growth and recognition across international markets. As McDonald is operating at such a larger level, the management of supply chain function is crucial to the organization in efficiently meeting out the needs and requirements for fast foods items of its customers. The requirements for large number of company’s customers are met by highly efficient supply chain function that is managed by the company. The next section discusses about different important elements related to supply chain of McDonald (McDonald, 2014).
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PLEASE MARK AS BRILLIANT
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