SupplyChain Magazine February 2018 | Page 71

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McDonald ’ s

$ 24.62bn

McDonald ’ s was set up by Raymond Albert Kroc in 1955 , ultimately becoming the fast-food giant it is today . Success was rapid : by 1958 McDonald ’ s had sold its 100 millionth hamburger . Forbes places its sales revenue at $ 24.62bn , with a market cap of $ 106.4bn . With headquarters in Oak Brook , Illinois , it has over 36,000 restaurants in over 100 countries . With 375,000 employees , it is placed 215th on Forbes ’ “ The World ’ s Biggest Public Companies ”, and second on Gartner ’ s “ Top 25 Supply Companies 2017 ”. According to Industry Week , McDonald ’ s inventory turns far surpass all other companies : an average of 174.5 compared to the next-closest Samsung at 15.1 turns . Industry Week calls it the world ’ s largest restaurant supply chain , and it is seventh on Forbes ’ “ World ’ s Most Powerful Brands ”. According to Reuters , McDonald ’ s will unveil a new dollar menu in 2018 , which will intensify its current price war with competitors like Taco Bell and Dunkin ’ Donuts .
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