How McDonald’s Ensures Freshness Across Millions of Orders?
The fast-food giant McDonald’s operates all over the world, serving approximately 69 million customers in more than 100 countries each day (MMA). The challenge of maintaining a uniform standard of food quality and freshness becomes a herculean task with the presence of 41,800 outlets globally. An advanced cold chain system, after all, that revolutionised the […]
What is Minimum Order Quantity in Supply Chain?
What is Minimum Order Quantity in Supply Chain? MOQ in supply chain, which stands for minimum order quantity, is put forth by a supplier willing to sell certain number of units per order to the buyer to ensure cost efficiency and inventory stability. This understanding of MOQ meaning in supply chain enables business to optimize […]
Understanding 4PL and its Benefits
What is 4PL Logistics? Fourth Party Logistics (4PL) means a strategic outsourcing model in logistic management when a company provides every single supply chain operation to an outsourced logistic specialist which is called the 4PL. While third-party logistics (3PLs) providers provide several specific logistics tasks such as transportation and warehousing, 4PLs offer strategic oversight, acting […]
