(Mt) – MGT 322 Saudi Electronic McDonalds Logistics Performance Priorities Summary

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View attached explanation and answer. Let me know if you have any questions.1McDonald’s Logistics Performance PrioritiesStudents NameInstitution AffiliationProfessorCourseDate2McDonald’s Logistics Performance PrioritiesExecutive SummaryLogistics performance priorities are the most compulsory objectives and goals that shouldbe attained for the supply chain to function efficiently (Aharonovitz et al., 2018). These prioritiesplay the main role in managing the supply chain to ensure that the business achieves acompetitive advantage. Business logistics entail well-coordinated separate business activities.Logistics involves the process of designing, executing, and regulating the flow of information orgoods and services from one point of origin to the final destination in a quest to satisfy consumerpreferences or align with the surrounding business environment (Aharonovitz et al., 2018).Therefore, logistics consider warehousing functions, packaging, customer service, materialhandling, inventory control, order processing, demand planning, and transportation (Sanders,2020). A product or service is only termed useful if it reaches the final consumer where andwhen they need it. Therefore, logistic performance priorities ensure that the right product meetsthe right consumer demands in time by keeping the supply chain process effective and efficient(Stadtler et al., 2015).Supply chain management is the active supervision of the flow of goods and servicesactivities from the manufacturer or the point of origin to the final consumer (Stadtler et al.,2015). A well-planned organization is required in all the stages before the product gets to thefinal stage. Supply chain management is critical in a business as the more efficient the supplychain, the fewer costs incurred by the organization in achieving its objectives. Supply chainmanagement constitutes six components that make the process efficient: strategizing, sourcingraw materials, manufacturing, distribution, and return of goods (Sanders, 2020).3Strategizing entails planning and managing all the resources needed to satisfy theconsumer’s demand (Stadtler et al., 2015). During the planning stage, the business determines thesupply chain’s effectiveness and efficiency in delivering value to the final consumer. Thebusiness identifies potential supplies for goods and services during the sourcing stage (Reimannet al., 2017). The manufacturing process also needs careful supervision by the managers toensure quality products and packaging. The distribution process is characterized by planningdelivery, shipping, billing, and receiving payments for the goods and services (Aharonovitz etal., 2018). Maximum coordination is also critical during this stage. Returning defectiv…

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