McDonald’s Ice and Walmart Executive Summary:The following business plan outlines the steps that McDonald's can take to provide bagged ice at every Walmart in the world. The plan includes a market analysis, marketing strategy, operations plan, financial projections, and risk assessment.Market Analysis:Bagged ice is a highly sought-after commodity in the retail industry, with Walmart being one of the largest retailers in the world. Walmart has over 11,000 stores in 27 countries, making it a prime target for McDonald's to supply bagged ice.Marketing Strategy:McDonald's can leverage its existing brand recognition and supply chain to provide bagged ice to Walmart stores worldwide. The marketing strategy will focus on creating awareness of the availability of bagged ice at Walmart stores through targeted advertising campaigns and in-store promotions. The company can also offer bundle deals to attract customers, such as a discount for purchasing a bag of ice with a meal.Operations Plan:McDonald's can use its existing supply chain to source and distribute bagged ice to Walmart stores. The company can create a dedicated team to manage the operations of this new venture, including logistics, inventory management, and quality control. The team can work closely with Walmart's store managers to ensure that the ice is stocked and available for customers at all times.Financial Projections:The financial projections for this venture will depend on the volume of bagged ice sold and the profit margins for each bag. Assuming a moderate profit margin of $0.50 per bag and an estimated average of 50 bags sold per day per store, McDonald's could potentially generate $2.75 billion in annual revenue from supplying bagged ice to Walmart stores worldwide.Risk Assessment:The main risks associated with this venture include supply chain disruptions and changes in consumer behavior. To mitigate the risk of supply chain disruptions, McDonald's can establish backup suppliers and implement contingency plans. To address changes in consumer behavior, the company can conduct regular market research and adjust its marketing strategy accordingly.Conclusion:Providing bagged ice to Walmart stores worldwide is a viable opportunity for McDonald's to expand its business and generate significant revenue. By leveraging its existing brand recognition and supply chain, McDonald's can establish itself as a reliable supplier of high-quality bagged ice. A well-executed marketing strategy, effective operations management, and careful risk assessment will be essential for the success of this venture.