Results (
Thai) 2:
[Copy]Copied!
McDonald's fishing for supplier
By WANG ZHUOQIONG (China Daily)
Updated: 2014-07-29 07:13
CommentsPrintMail
LargeMediumSmall
McDonald's fishing for supplier
Workers count money at a counter displaying a regret notice for customers at a McDonald's restaurant in Beijing on Monday. OSI Group, the US-based company at the center of a food scandal in China, said that it was pulling all of the products produced by its Shanghai Husi unit from the marketplace. ANDY WONG/ASSOCIATED PRESS
Shares of possible replacement in Thailand get a boost on news
Amid a serious meat shortage following the recent food safety scandal involving supplier Shanghai Husi, international fast-food chains in China may still have to source locally, though their peers in Japan have shifted to Thai meat producers, an industry expert said.
Ben Cavender, a senior analyst at China Market Research Group in Shanghai, said that in the short term, eateries are trying to find replacements as quickly as possible in China and other countries.
But in the long term, they will have to source locally in order to meet demand and get orders on time, and domestic suppliers will have to prove they are up to task and win back the trust that has been lost, he said on Monday.
Restaurants will have to take more responsibility in the management of supply chains, such as spending more time at suppliers and looking at their production lines, he said. They also will have to change the way they write contracts with their suppliers by listing more penalties, Cavender said.
Being translated, please wait..