Tuesday, May 12, 2020

Porters Five Forces of Fast Food Industry - 2785 Words

Innovative Integrated Management System (IIMS) for Sustainable Food Industry Assoc. Prof. Dr. Prasert Suttiprasit Director of The Centre for Standards and Quality Development of Production and Services Sukhothai Thammathirat Open University Nonthaburi 11120, Thailand Tel. +668-1346-9000 Email. prasert_sp@yahoo.com ABSTRACT It is evident that the long-term survival and growth of global food industry depend on the availability and efficient use of raw materials, energy and water and other facilities under the concept of sustainable practice, i.e. in environment, society and economics. Quality and safety managements are essential to ensure that the industry can continue to support the communities in which it operates. Awarding†¦show more content†¦The common one for all nations in general format was adopted and revised by the Codex Alimentarius commission of the Joint FAO/WHO Food Standards Program in 1997 and amended thereafter in 1999 and lately in 2003. The quality management system standard, i.e. ISO 9000 has been implemented to control the food production process purposing to ensure the quality food products. Later on the majority of European, U.S. and other global retailers, and brand owners will only consider business with suppliers who have gained certification to the appropriate reta ilers’ standard such as SQF 2000, BRC, IFS and GFSI. In order to meet the global needs and expectations described above, most food companies in the earlier days implemented each standard (ISO 9001, GMP/GHP and HACCP, and other standards such as BRC and ISO 22000) separately. Hence, the resource requirement particularly human resource was somewhat very high. Too much documents and records had to be formulated and controlled. To resolve this problem, there have to be an integrated approach that will be imperative for organizations to have flexibility in their systems’ design and management in the range of disciplines covering all standards in which they have to implement. Besides, the new integrated approaches have to be flexible andShow MoreRelatedPorter s Five Forces Theory Essay1426 Words   |  6 Pagesglobalization era, businesses around the world develop in a really fast pace. The competition within an industry usually tough and it has its own pattern that could be difficult to understand by the new comer. Therefore, ch ances for new businesses to grow will be low if they are not analyzing the environment of the industry. One of the most common theory to analyzing forces of competition in an industry is Porter’s Five Forces theory. 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