As an example.....ConsideringMcDonald's, these are some of their suppliers in India.
McDonald's has to coordinate and manage all these and decide their inventory management strategy based on these items. It is absolutely necessary that all the items are stocked regularly as even a small delay in the supply of one item can lead to major problems. So they have to carefully plan their inventories to accommodate all factors. There are several other challenges with inventory management.What do you think are the other challenges that a fast food chain faces with respect to inventory management?