How does KFC run out of chicken? [CNNMoney.com]
GE Aerospace (GE)
Last ge aerospace earnings: 4/30 04:02 pm
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Source: CNNMoney.com
Kentucky Fried Chicken ran out of ... chicken Quest's Profitable Moment How on earth does a fast food restaurant that specializes in chicken run out of ... chicken? This week KFC temporarily closed up to 800 stores in the UK and Ireland after a failure in its supply chain for chicken. KFC had recently switched delivery and logistics suppliers from Bidvest Logistics to DHL ( DPW ) . It was a massive win for DHL: Britain is KFC's largest market in Europe, and one of its top five globally. For its part, DHL promised to set a new benchmark for delivering fresh products to KFC. A new benchmark was achieved — just not the one either company anticipated. It all fell apart. (The service, not the chicken.) Sign up for the weekly Quest newsletter in your inbox There's a simplicity to this story that makes it fascinating. No doubt dozens of people were involved in this massive transfer of contract.
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GE
Earnings
- 1/23/24 - Beat
GE
Sec Filings
- 4/15/24 - Form 3
- 4/15/24 - Form 3
- 4/15/24 - Form 3
- GE's page on the SEC website