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 approximately 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 stemma earlier and how its implementation of new investment company management systems benefited the company.

To manage carry efficiently, a balance is needed between concourse customers needs reducing wastage. The latter factor can be done by precisely forecasting demand so that food doesn?t need to be thrown past frequently & also capably controlling the stock of the raw materials. However, this can be difficult as customer preferences change very often. This would create McDonalds the needs focus on product proliferation & so reducing the waste becomes much challenging.

Previously, stock was taken care by the restaurant managers by using prior information & knowledge. This caused the mangers to spend a considerable amount of time forecasting the demand. Also, this being to truthful a order didn?t take into account and new(prenominal) factors(seasonal change, holidays).

In the year 2004, McDonalds implemented a new stock management team which was called as the Restaurant Supply prep Department.



The team, after communicating with the local restaurant managers, including many factors which many affect the stock into forecasting system to predict the pass judgment demand of the menu items.

To ensure that only fresh stock is always used, mangers at McDonald?s used FIFO 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 process 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...

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