Local sourcing as a sustainable strategy from a global company in the fast-food industry
Pérez Martos, Daniela (2022)
2022
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https://urn.fi/URN:NBN:fi:amk-2022060415339
https://urn.fi/URN:NBN:fi:amk-2022060415339
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The purpose of this thesis is to provide an analysis of the main practices and benefits obtained by a global fast-food company due to the implementation of a local sourcing strategy. It aims to cover the most valuable advantages a company obtains from the practice, economically, socially, ly and regarding profit, as well as the complexity reduction within the operations.
The research was based on multinational fast-food companies mainly located in Querétaro, México through interviews, face-to-face, and zoom meetings. Suppliers who worked for the previously interviewed companies and experts in the area were contacted through the net web page and LinkedIn. It was intended to answer the questions related to global fast-food brands’nds’st local sourcing practices, the profitability, the ad does local sourcing is imimpactustainability.
The analysis was based on qualitative research through open questions during the interviews performed by the author. Some of the information provided by the inintervieweesas is complemented with desktop research.
The results showed several sustainable advantages of a local sourcing strategy in the fast-food industry. From supplier’s perspectives, international firm,s and of coursee’perts'ts point of view. The companies have been able to reduce several costs arisksks situations with the implementation of local sourcing. Locasupplier’srs integratiinto to its supply chain increased their profitability and implies soresponsibilityility, as we as a great community, on has ended up the in reduction of logistics and supply chain processes complexity.
Local sourcing is a sustainable and profitable strategy for international fast-food companies to use. This research mentions several best practices indicated by some of the most recognized brands and experts are exposed that should work like guidelines for companies.
Keywords
Local sourcing, procurement, sustainability, strategic sourcing, profitability, cost reduction, supply chain management, multinational companies.
The research was based on multinational fast-food companies mainly located in Querétaro, México through interviews, face-to-face, and zoom meetings. Suppliers who worked for the previously interviewed companies and experts in the area were contacted through the net web page and LinkedIn. It was intended to answer the questions related to global fast-food brands’nds’st local sourcing practices, the profitability, the ad does local sourcing is imimpactustainability.
The analysis was based on qualitative research through open questions during the interviews performed by the author. Some of the information provided by the inintervieweesas is complemented with desktop research.
The results showed several sustainable advantages of a local sourcing strategy in the fast-food industry. From supplier’s perspectives, international firm,s and of coursee’perts'ts point of view. The companies have been able to reduce several costs arisksks situations with the implementation of local sourcing. Locasupplier’srs integratiinto to its supply chain increased their profitability and implies soresponsibilityility, as we as a great community, on has ended up the in reduction of logistics and supply chain processes complexity.
Local sourcing is a sustainable and profitable strategy for international fast-food companies to use. This research mentions several best practices indicated by some of the most recognized brands and experts are exposed that should work like guidelines for companies.
Keywords
Local sourcing, procurement, sustainability, strategic sourcing, profitability, cost reduction, supply chain management, multinational companies.