Monday, May 18, 2020
Operations Management - Planning Control in Mcdonalds...
Operations Management amp; Decision Making ââ¬â Planning And Control Assignment The organisation I have chosen to examine from an operations management and decision making standpoint is McDonaldââ¬â¢s, a worldwide chain of fast food restaurants, which are run either by a franchise, an affiliate or by the corporation itself. There are over 31,000 branches of McDonaldââ¬â¢s worldwide1. It is estimated these restaurants serve a collective 47 million customers daily2. The restaurants mainly sell customers traditional fast food fare such as burgers, cheeseburgers, French fries, fizzy drinks and milkshakes, in addition to breakfast, dessert items and (in response to growing health concerns in the consumer marketplace) healthier items such as salads andâ⬠¦show more contentâ⬠¦It was at these times that it was ensured that additional staff with necessary skills (drawing on previous work done on job design) were to be on duty during the times of expected busyness. A central focus of McDonaldââ¬â¢s, much like in any retailer, is Inventory Planning and Control. An advantage McDonaldââ¬â¢s and other fast food restaurants have in Inventory Planning and Control is that the vast majority of their stock can be either be frozen (pre-prepared burger patties, chicken products, French fries) or can lost an almost indefinite period without deterioration (Boxes for serving menu items such as French fries or Happy Meals).8 However, Inventory Planning and Control is still something branches of McDonaldââ¬â¢s must pay keen attention to in order to attain or maintain the desired level of customer service quality (known as quality management). Buffer or safety inventories (extra amounts of stock which are kept in preparation for unexpected fluctuations in supply and demand) are kept at all times to ensure that customers can be served their desired menu items regardless of increased demand.8 In addition to this, in times of extremely high unexpected dem and different branches oftenShow MoreRelatedBusiness Control Mechanisms1635 Words à |à 7 PagesControl Mechanisms Control mechanisms are ways for businesses to have measures of control over their business environment. Controls are implemented in organizations to give guidance and keep the organization focused. McDonaldââ¬â¢s, one of the most successful fast food organizations in the world uses multiple control mechanisms to ensure the individual success of their franchise restaurants. Some of the controls that McDonaldââ¬â¢s uses include bureaucratic, market, product, and architectural control. TheRead MoreOperations Management : Mcdonald s Marketing Management1435 Words à |à 6 PagesIntroduction 3 About McDonaldââ¬â¢s 4 Process of McDonalds 4 Operations management 5 Operations managers 5 Operation strategy of McDonaldââ¬â¢s 5 Pricing strategies of McDonald s 6 Innovation at McDonald s to improve operations and services 7 Inventory management 8 The Just-in-Time (JIT) Approach 9 Just- in-Time (JIT) Approach in McDonaldââ¬â¢s 9 Advantages and benefits of JIT approach 10 Capacity management 11 Capacity strategies 11 McDonald s capacity strategy 11 Quality management 12 Quality management strategiesRead MoreLearning Team Assignment Control Mechanisms of Mcdonalds1477 Words à |à 6 PagesControl Mechanisms of McDonaldââ¬â¢s MGT/330 September 13, 2010 University of Phoenix Control Mechanisms of McDonaldââ¬â¢s McDonaldââ¬â¢s has become a leading competitor in the fast food industry. They are a household name famous for its signature ââ¬Å"golden archesâ⬠and ââ¬Å"supersizedâ⬠fries. McDonaldââ¬â¢s is an international corporation that manages several hundred independently owned stores. To effectively manage this type of corporation, McDonaldââ¬â¢s must use several control mechanisms. Below is an analysis ofRead MorePhysical Distribution and Logistics of Mcdonalds1182 Words à |à 5 Pages A company the size of McDonalds requires the value chain to be increasingly important. Not only does McDonalds want to add value for the customers, but also the firm looks for ways to improve the operations that makes McDonalds a more efficient business .McDonalds is constantly striving to add value to the firm for their customers, and in doing so, the firm has created efficiency in getting the products to the customers quickly and as fresh as possible. McDonalds is constantly looking forRead MoreAnalysis of McDonalds Operation Management606 Words à |à 2 PagesMcDonalds Operations Management: McDonalds Corporation had developed to become the leading fast-food chain of restaurants since its inception to the extent that it serves more than 47 million customers across the globe on a daily basis. The corporation is the largest global food-service retailer since it has over 30,000 local restaurants that serve approximately 52 million people in over 100 countries every day. One of the critical factors attributed to the success of McDonalds global businessRead MoreA Visit At Mcdonald s An Interesting Assignment Essay1556 Words à |à 7 PagesA visit to McDonaldââ¬â¢s is an interesting assignment. McDonaldââ¬â¢s organization is a clear example of mechanistic management, also is known as the Frederick Maslow Tylor Classical Perspective the mechanistic management. This perspective combines both Max Weber bureaucracy theory and hierarchical structure and Henri Fayol administrative principals. Mechanism refers to the way management and employees perform their duties. In an organization like McDonaldââ¬â¢s, it is clear how this mechanism works. IfRead MoreMacdonalds Operational Analysis2318 Words à |à 10 PagesOperations Analysis Of McDonaldââ¬â¢s Restaurant INTRODUCTION McDonaldââ¬â¢s, founded by Ray Kroc, is now one of the most popular fast food restaurants across the world. Theyââ¬â¢ve proudly served more than 46 million customers in 59 different countries and currently have more than 30,000 different locations worldwide (ââ¬Å"Food Serviceâ⬠). The fast food industry is booming at a rapid rate, especially the health conscious food options. With this in mind, McDonaldââ¬â¢s has a strategic plan to stay on topRead MoreOrganizing Function of Management1459 Words à |à 6 PagesOrganizing Function of Management According to Bateman Snell (2009), Management is a world of action. It is a world that requires timely and appropriate action. It is a world not for the passive but for those who commit to positive accomplishments. Management requires the organization and coordination of the activities related to the running of an organization based on established policies. Historically, organizing involved creating an organization chart by identifying business functions, establishingRead More McDonalds in India Essay examples1083 Words à |à 5 Pages McDonaldââ¬â¢s Corporation, established in 1955, owns one of the worldââ¬â¢s most well-known and valuable brands and holds a leading share in the global branded quick service restaurant segment. The Corporation has more than 30,000 restaurants in 119 countries serving 47 million customers each day. McDonaldââ¬â¢s entered India in 1996 through joint ventures with two Indian entities, Hardcastle Restaurants Pvt. Ltd. and Connaught Plaza Restaurants Ltd .Hardcastle Restaurants Pvt. Ltd. owns and operates McDonaldââ¬â¢sRead MoreMcdonald s A Fast Food Restaurants Essay1607 Words à |à 7 Pagesââ¬ËDrive-Thruââ¬â¢. In todayââ¬â¢s modern society, one thing people seem to be short of is time. We go in restaurants and literally expect ââ¬Ëfastââ¬â¢ food. Restaurants like McDonaldââ¬â¢s have developed ways to decrease the amount of time for which people have to wait for food; thus catching the attention of many Americans going about their day with limited time. McDonaldââ¬â¢s developed innovative ways to configure the methods for which its food should be made. Their developments are what have placed them in the top spot, where
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.