McDonald’s Moves to Diversify Their Supply Chain – Daily Access News
Finance

McDonald’s Moves to Diversify Their Supply Chain

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McDonald’s has officially announced their plans to increase spending on diverse-owned suppliers to 25% of its overall annual supply chain budget by 2025. This means that a total of $3.5 billion will be spent annually on businesses run by individuals who don’t receive enough representation in the business world.

Currently, their spend on these diverse suppliers is at 23% of the supply chain budget, which seems like they’re already right on the cusp of hitting this goal. Bear in mind, though, with $14 billion paid to suppliers in 2020 alone, the numbers that McDonald’s bookkeepers deal with are huge.

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