Developing Good Business Sense Essay Example | Topics and Well Written Essays - 750 words

develop Good Business Sense - Essay ExampleMcDonalds is one of those organizations that be known for continuous victimisation in their musical arrangements. Employees at McDonalds are not only involved in manufacturing of food and different aspects of operations management, they are also well-supported by automated system, hi-tech equipments and effective supply chain management system (McDonalds-UK, 2013). A critical analysis of McDonalds operations helped in understanding that minimum wastage, customer-oriented approach and environmental considerations are main features that govern the performance of its employees. Hence, effective cold chain, customer services and just-in time delivery by the supplier are the main features of McDonalds operations that also govern the task performance of its employees. like McDonalds, KFC is also supported with highly skilled labor and automation in its system. However, there is hold financial aid paid to materials management in terms of su ppliers selection and waste management. Where McDonalds has strategic alliances to limited suppliers, KFC has a rather extensive pool of suppliers. Yearly assessment of suppliers helps in selection for the next year. conflicting KFC and McDonalds, virago chose to identify the top exchange items and have a readily available stock of such(prenominal) items. It is important to note that more than warehouse management virago relies on its alliances with suppliers in different regions of the creation and courier services. Therefore, employees working with Amazon are more supported with IT-based interventions than the actual manufacturing processes. McDonalds and KFC use flexible operate system when it comes to operations and materials management. They have computer-aided manufacturing programs with human intervention in a supervisory role than locate involvement in production. However, as far as delivery of ready-to-cook items and real-time cooking is concerned, it is performed thro ugh their employees. such(prenominal) practice helps in ensuring that a suitable quantity of finish product is available to meet the demands of consumers without incur actual wastages. On the other hand, Amazon focuses on small-batch production when it comes to selection of operations and materials management. The storing capacity of Amazon is rather limited and it focuses on having strategic alliances in different regions for catering customers all around the ball instead of having physical facilities across the globe. Only limited items are stored based on their past selling patterns and consumers demands. As far as their operations and materials management costs are concerned, McDonalds and KFC incur costs in terms of raw materials purchase, plant management and basic manufacturing, labor, inventory management and distribution (Jones, 2007). All these components are inevitable to incur as these fast food chains cannot outsource manufacturing processes. On the other hand, Amazon incurs costs because of products purchase, warehousing and distribution along with human resource management. Since it does not perform direct manufacturing i.e. publishing, CD burning etc, itself, therefore it purchases ready products from publishers and vendors in different regions and deliver them to customers accordingly. Main source of costs is pass judgment to be warehousing and d