IndexSustainable Supply Chain VisionMcDonald's ForecastsCausal FactorsQualitative ForecastsStock Control ChartsData EntryStock BuffersOrdersMcDonald's supply chain is a complex network of direct and indirect suppliers. They manage this complex system by working with direct suppliers who share their values ​​and vision for sustainable supply. They require them to meet clear standards of quality, safety, efficiency and sustainability. They expect them to extend these requirements to their suppliers and work with them to identify, understand and address industry-wide sustainability challenges and achieve continuous improvement. Overall, McDonald's and its suppliers collectively focus on three areas of responsibility: ethics, environment and economics. Supply chain focus areas include: Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an original essay Commitment to sustainable land management Animal welfare Supplier workplace responsibility Sustainable fishing Sustainable supply chain vision They envision a supply chain that profitably produces safe, high-quality products without supply disruptions, leveraging at the same time their leadership position to create a net advantage by improving ethical, environmental and economic outcomes. Ethics: Plan to purchase from suppliers who follow practices that ensure the health and safety of their employees and the welfare and humane treatment of animals in their supply chain. Environment: Plan to influence the sourcing of materials and ensure product design, manufacturing, distribution and use to minimize life cycle impact on the environment. Economy: They plan to provide affordable food, engage in fair trade practices, limit the spread of agricultural diseases, and have a positive impact on the communities in which their suppliers operate. They consider this vision and their responsibilities holistically. When sourcing decisions are made, they consider their priorities in terms of food safety, quality and costs, as well as ethical, environmental and economic responsibilities. Their global progress on beef and coffee sustainability illustrates McDonald's ForecastMcDonald's Forecast A forecast is an estimate of future sales of finished products. Forecasts are calculated using: · historical store-specific product mix data from the past two years · National and store-specific causal factors. These specify dates for events such as national promotions and school holidays · Information from store managers about factors that may influence demand, such as road closures or local events and promotions. Causal Factors Supply planners working for McDonald's include a number of causal factors in their forecast calculation, so that, based on past performance, they can predict future demand for each restaurant. For example, Big Mac sales increase during the Buy One Get One Free (BOGOF) promotion. Planners use this data in forecasts for all stores that took part in that promotion. You can also integrate analysis of how climate affects demand for particular products, such as McFlurry and salads, into the model. Forecasts then become more accurate, decreasing costs and improving customer satisfaction. Qualitative Forecasting and Market Research Expert Opinion McDonald's uses qualitative forecasting methods.