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Aspects of OM
MANAGEMENT
1. ... For a
company which feeds some 38 millions clients every day, having an excellent operations management system is a major factor for success. ... The absolute precision of the work process enables seamless co-operation and a full use of every work minute of every worker. ... Supply Chain Management. ...
Basic Features of McDonald’s Inventory Policy are-
Yield Management
· High inventory turns
· Small number of standard components. ... “Good line management and firm leadership”
· Production area is laid out efficiently with separate processes. ... Unfortunately, MRP would not be a very good inventory tool for McDonalds at the operational level because of the nature of the operation. ... So from an operation perspective this method would work well for McDonalds to manage the bin, finished goods inventory.
Approximate Word count = 3607
Approximate Pages = 14.4
(250 words per page double spaced)
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