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...
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...
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...
What is Risk Pooling in Supply Chain?
What is Risk Pooling in Supply Chain? Risk pooling in supply chain functions as a management technique which unites inventory across various spots to decrease demand volatility. This approach...
How Are EVs Transforming the Automotive Supply Chain?
Rise of Electric Vehicles and Impact on Automotive Industry: The rise of electric vehicles (EVs) is significantly reshaping the supply chain automotive industry, requiring auto-makers to shift from traditional...
RFID in Retail Stores
What is RFID for Retail? RFID (Radio-Frequency Identification) enables products to be tracked through radio wave transmissions within the retail sphere. The implementation of RFID technology in retail stores...
