Shanghai, China (March 26, 2021) – March 26, Yum China Holdings Co., Ltd. (hereinafter referred to as the”Company” or”Yum China”, New York Stock exchange code:YUMC; Hong Kong Stock Exchange code:9987) announced that the company’s Southwest Supply Chain Support Center project has settled in Chongzhou, Chengdu, and the groundbreaking ceremony of the project was held in Chongzhou.
Liu Xiaoliu, Deputy Mayor of Chengdu Municipal People’s Government, Yin Nianhong, Deputy Secretary of Chongzhou Municipal Party Committee, Mayor of Municipal People’s Government, Qu Cuirong, CEO of Yum China, Chief Supply Chain Officer of Yum China Chen Wenrui, Yum China Chief Public Affairs Officer Wang Lizhi, and Yum China Logistics General Manager Han Tianshu attended the groundbreaking ceremony.
The Chengdu Southwest Supply Chain Support Center project is Yum China’s first self-built supply chain support center project with a total investment of approximately RMB 183 million and an area of approximately 51 mu, which is expected to be completed and put into use in the middle of 2022. The project will integrate supply chain services, smart IoT, big data platforms, and high-quality cold chains, which can further enhance the supply chain capabilities and cold chain service levels in the southwest region, and support the rapid development of Yum China.
” From the opening of the first KFC restaurant in 1987, to today there are more than 10,000 restaurants in more than 1,500 cities and towns in China. Wisdom and efficiency are inseparable , An agile world-class supply chain management system.” The company’s CEO Joey Wat said:”The sudden epidemic in 2020 has strengthened Yum China’s determination to further invest in supply chain infrastructure to meet external challenges. Yum China will build stronger , A more agile supply chain system to support the company’s long-term growth, allowing us to reach the goal of 20,000 stores faster.”
Chongzhou City Mayor Yin Nianhong said that the construction of the project represented by Yum China will play an active leading role to further optimize the structure of Chongzhou’s service industry and boost the economy Green development, transformational development, and high-quality development.
Since entering China for more than 30 years, Yum China has invested a lot of resources and introduced world-class management experience to establish a set of , Logistics and distribution management, to the world’s leading supply chain management system for restaurant management. As of the end of 2020, Yum China has 25 logistics centers, 7 integration centers, and its service scope covers more than 1,500 cities and towns. Yum China also uses redundant storage and transportation resources in the supply chain to provide a one-stop managed logistics integration service for third parties. Through the intelligent IoT platform of the logistics center, the company can not only monitor the path and time of the food from the supplier to the logistics center to the restaurant at any time, but also track the product and ambient temperature in the cold chain vehicle in transit, the storage freezer and the cold storage environment in real time Temperature, so as to realize timely warning of potential risks to food safety.
In 2016, Yum China launched the “digital intelligence” project of its logistics system, using big data, IoT, AI, knowledge graphs and other technologies to create full-link digitization Logistics system improves efficiency and guarantees food safety in all aspects. The warehouse management system (WMS) has been launched in various logistics centers, realizing the electronic management of supplier-logistics center-restaurant product batch traceability.
In the future, Yum China plans to further increase investment in digital and intelligent logistics networks, and work with partners to build an innovative supply chain that leads the industry.