百胜中国

At Yum China, we're proud to lead with a long-term vision. Today, our CEO Joey Wat shared our approach to sustainability at Integral Conversations, highlighting our three core pillars: People, Food, and Environment. From reducing #foodwaste with our Food Bank program to empowering 800+ suppliers with sustainable practices, Joey shared how she cultivates an organizational culture centered on sustainability and other valuable insights into effective strategies when managing obstacles that are part of the sustainability journey. Learn more about the conference here: https://lnkd.in/gtDK83P8 #IntegralConversation2024 #PropellingSustainableWellBeing #Wellbeing #Sustainability#foodwaste

Yum China's supply chain has fully entered the “automation” era, with AI technology deeply embedded in a wide range of supply chain functions from procurement to logistics and fulfilment, Yum China’s Chief Supply Chain Officer Howard Huang emphasized at a keynote address at the Procurement & Supply Chain LIVE conference in London on Tuesday. In his remarks, Howard highlighted iFoodsafety (iFS), Yum China’s AI-enabled food safety risk assessment and early warning system, which analyzes data from tens of thousands of internal and external data sources to provide our teams with a real-time holistic view of all potential food safety risks occurring around the world. He also detailed how AI and automation are vastly increasing efficiency and ensuring accuracy in our warehousing, logistics planning, and procurement processes. Howard’s presentation, attended live by over 1,000 global procurement and supply chain executives, stressed the importance of seeing the supply chain function as much more than just a cost-center, with a focus on achieving high efficiency for our brands: “This is the only way to compete and continue to win in this highly dynamic and complex market,” he said. #PSCLIVELondon #SupplyChain #Procurement #Automation #AI

I was honored to speak to The University of Hong Kong’s incoming undergraduate class at their Inauguration today. I consider getting into HKU as my first big break in life — it opened up a whole new world for me. Today, I shared with students three life lessons which served me well in my life and career: be humble, have empathy, and be a life-long learner. These are also the principal pieces of advice that I give to my own teams at Yum China.   We live in uncertain times, but in the words of HKU Professor Edward Chen, "Uncertain times build hope." As I told students today, your own sense of hope – being optimistic and having a positive attitude – will be one of your most important assets in life. Once you have it, it’s yours, and no one can take it from you. The hope that will carry you forward comes from your own inner confidence and strength. If you can harness that, there is no limit to what you can achieve.

Yum China and its joint venture partner Lavazza are bringing Lavazza’s new partnership with iconic super sports car producer Automobili Lamborghini S.p.A. to the China market. Starting June 18, Lavazza will introduce a limited-time co-branded "Lavazza Shakerato" drink with Automobili Lamborghini in China. A creative take on the classic Italian shaken iced coffee drink, Lavazza Shakerato, served in a stylish Lamborghini-themed shaker cup, combines espresso and ice cubes, with a choice of three flavors. A co-branded smartphone accessory will be offered to consumers who participate in this marketing campaign. #Lavazza #Lamborghini #Italian #Coffee

Yum China is honored to be among the 100 companies named to Fortune China's 2024 ESG Impact List. The magazine recognized Yum China's Food Bank program as well as our efforts to explore the conversion of used cooking oil into sustainable aviation fuel. Check out our latest Sustainability Report to learn more about our market-leading ESG initiatives: https://lnkd.in/gXTbJH5D 《财富》中文 #ESG #Impact #Sustainability

This May, East meets West in a sparkling new offering from KCOFFEE, KFC China's rapidly growing coffee segment. KCOFFEE is teaming up with famed Chinese herbal tea brand Wang Lao Ji (王老吉) to serve up a limited-time-only Wang Lao Ji-infused Sparking Americano at KFC stores across China. Cheers!  #KCOFFEE #KFC #China #coffee #wanglaoji #limitededition

Yum China reported strong Q1 2024 results today, with 6% system sales growth year-on-year, 7% revenue growth in constant currency and 1% growth in core operating profit, while diluted EPS grew 10% year-on-year in constant currency, beating market expectations. We also returned $745 million to shareholders through dividends and share buybacks, the highest quarterly return in Yum China’s history. "Looking toward the future, we are absolutely confident in seizing China's vast opportunities. We are expanding addressable market through a multifaceted approach with flexible store formats, strategic franchising and a range of exciting products across price points. With these actions underway, we believe we are well-poised to sustain strong growth and create long-term value for our shareholders," Yum China CEO Joey Wat said in our quarterly earnings release. See our full earnings release here: https://lnkd.in/gurWWwRS #YumChina #earnings #Q1

Check out Yum China's recently published 2023 Sustainability Report, detailing the Company's ongoing progress toward its Environmental, Social and Governance (ESG) goals. A few of the highlights covered in the report include our first 100% renewable energy-powered cold chain logistics center; our nationwide coffee grounds recycling initiative; expanded medical insurance coverage for our employees' families; and use of generative AI tools to better assess and prevent potential food safety risks. Read our press release summarizing the report highlights: https://lnkd.in/gFJaSmuu Click here to explore the full report: https://lnkd.in/gXTbJH5D #ESG #Sustainability #SustainabilityReport #YumChina #ResponsibleEcosystem #AI #CSR

Read Yum China CEO Joey Wat's annual letter to stockholders, now available on our website: https://lnkd.in/gXgtvpR9 Joey Wat #YumChina, #Innovation #Growth

At the Fortune Innovation Forum in Hong Kong today, Yum China CEO Joey Wat participated in two distinguished panel discussions, focusing on business strategy in the current landscape and closing the corporate gender gap. On business strategy, Wat discussed Yum China's end-to-end digitalization initiatives, including AI-enhanced inventory and replenishment and remote store management tools, which have increased operational efficiency while helping the company to meet its ambitious store growth target of 20,000 stores by 2026. On gender equity, Wat spoke on how Yum China is helping to better support its female employees, who make up more than 50% of the company’s workforce, through insurance benefits that cover parents in addition to spouses and children. She pointed out that women, particularly in China, are often expected to care for their parents and their husband’s parents in addition to raising children. “I went through the same struggle,” she said. Read more in Fortune’s coverage of today’s event: https://lnkd.in/gBPDXh-W #fortuneinnovationforum #AI #zerogendergap