A corner of Hubei Smart Food
Industrial Park in Xiaogan, Central China’ s Hubei Province on 3 July, 2024 Photo Courtesy of McDonald’ s China
The ultimate goal is a future-ready supply chain that predicts where weak points may occur – from ingredient shortages to weather-related crop losses – and triggers proactive measures like alternate sourcing, inventory buffering and more well in advance.
Speaking during an earnings call in 2024, McDonald’ s CFO Ian Borden said:“ We’ re going to continue to invest in the areas where we think we have strategic opportunities to drive greater efficiency.
“ A lot of that work is going to be led by the Global Business Services organisation that we stood up and is driving these transformation efforts in areas like HR, finance, tech and getting after spend opportunities in areas like indirect sourcing.”
Each of these initiatives draws on McDonald’ s large data sets and advanced analytics to make procurement faster and more precise. In combination, they have helped McDonald’ s align supply with dynamic demand, improve supplier collaboration and react quickly to risks – all key goals cited by McDonald’ s leadership.
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