Supply Chain Management has taken a new direction with sustainability being the key priority. Despite this, supply chain disruptions caused by poor weather, natural calamities, and other unforeseen factors are becoming a norm. Furthermore, companies are increasingly taking responsibility for the social and environmental consequences of their supply chains. However, in the process of meeting unexpected disruptions, the supply chain system may compromise on its sustainability goals. Supply chain managers are now focusing on finding a trade-off between disrupting supply chains and sustainable systems through resilience. Unlike earlier supply chain networks that primarily focused on sustainable logistics management, the current supply chain networks prioritize sustainability.

Systematic identification, analysis, and evaluation of potential supply chain disruptions to minimize the negative effects of any risk on supply chain performance fall under supply chain risk management. Supply chain disruptions can either be operational or disruptive. Operational hazards are categorized into demand, lead time, lean supply chain, and globalization risks. On the other hand, external risks include environmental risks, while both internal to the organization and external to the supply chain include logistic, collaboration, financial, supply-side, process-side, and demand risks.

Views on the supply chain come from three perspectives: logistics, manufacturing, and procurement. A successful company's supply chain management entails the effective functioning of all systems, ensuring that the manufacturing supply chain is efficient, and that inventory is sufficient to meet customer demand. The supply chain is a network of businesses that works together to deliver the right product to the end consumer. Supply chain management covers processes like purchasing, transportation, manufacturing, and physical distribution.

A fast-food chain giant, McDonald's, has outlets all over the world. McDonald's outlets in Australia use a logistics system that depends on strategies used by McDonald's in the US to meet the needs of the country's population and location. In 2018, McDonald's was promoted to Gartner's master category for the top supply chains, a recognition of its excellent supply chain. McDonald's uses an integrated supply chain involving food production, distribution, and aggregation, food processing, marketing, markets and purchasing, preparation and consumption, resource, and waste recovery. McDonald's maintains an effective supply chain by prioritizing resources, identifying risks, and exploring new opportunities. Communication with supply chain partners is also crucial to maintain a seamless supply chain.

The founder of McDonald's, Ray Kroc, supporting the success of restaurant owners and suppliers, believed that the business would follow suit. Therefore, McDonald's, its business partners, and restaurant owners support one another in their achievements, realizing the importance of effective and efficient supply chain management for a company's success. Finally, reducing supply chain risk involves factors like supplier risk assessment, increased communication with partners, and identifying alternative suppliers.

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Supply chain management plays a vital role in the success of any business. As globalization and competition increase, the supply chain becomes more susceptible to unexpected disruptions. Therefore, implementing a risk management procedure within the organizational structure is crucial.

McDonald's, the world-renowned fast-food chain, recognizes the importance of creating a positive impact on children, families, communities, and the planet. To achieve this goal, they use the WWF Supply Risk Analysis Tool to focus on areas where they can have a real influence. They have also implemented vertical integration, collaborating with authorized suppliers, to control the integration of vendors and ensure they have a sustainable supply chain.

Identifying the environment of the supply chain is equally important. A recent study shows that environmental concerns affect one in three consumers. Therefore, companies such as McDonald's must ensure they maintain a sustainable supply chain to avoid losing customers to competitors.

To limit the risk of disruption, businesses should also limit the network access and integrations of their supply chain partners. They should monitor and track any unusual behavior on the network, enforcing tight safety precautions.

In conclusion, supply chain management is a crucial component of any business. It enhances efficiency, resource management, and builds strong connections with stakeholders such as suppliers and consumers. Furthermore, it unifies and integrates all business operations, aiding in attaining customer satisfaction and corporate objectives. By implementing risk management procedures, businesses can ensure the success of their supply chain in a globalized society.

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