Burger king Procurement Stategy

 Mcdonalds Purchase Stategy Essay

McDonald's ® Procurement Strategy

Richard Bender, Desmond Elmes, Eileen Henderson, Tony a2z Stewart Global Sourcing and Procurement


Professor David Underwood

Oct 15, 2012

McDonald's Purchase Strategy

As opening in 1955 McDonald's is one of the many successful take out chains on the globe. McDonald's features over thirty-three, 000 junk food restaurants in 119 countries. With places around the globe, McDonald's continues to take care of a strong source chain. " We continue to work hard, together with each of our suppliers and independent cafe franchisees, to strive toward a eco friendly future – for we and the communities in which we all operate, ” (McDonalds, 2012). McDonald's suppliers must meet high quality standards to operate inside the supply chain. These expectations will influence and effects procurement tactics, policies, and procedures – domestically and internationally. Objectives

Expectations equally domestic and globally really are a focus for McDonalds, in case the products aren't there intended for the consumer they will lose hope in the firm. The Purchase department should be ready for most unforeseen concerns and utilize all any kind of dependable solutions that can keep up with the demand of all the so-called locations provided. Rarely can a operation location including McDonalds fail, this is many impart to customer satisfaction and product identification. If the customer can depend on a location to supply the services and items they advertise at the selling price they want to spend the location will rarely are unsuccessful as long as they will follow the procedures and administration expectations of McDonalds. Retaining cost focuses on sales and procurement to deliver the products required for each area at the decided price to regulate any pricing fluctuations that can happen with any product resilient firm. Holding contract negotiations permanent can decrease or eliminate the volatility of cost fluctuations or require the distributor to absorb the ebb and flow of the...

References: McDonald's, (2006). 06\ Worldwide corporate responsibility statement. Retrieved March 12, 2012 from www.McDonald's.com

McDonald's, (2012). Getting to know us. Retrieved August 12, 2012 from http://www.aboutmcdonalds.com/mcd/our_company.html