Software-as-a-service solution (SaaS) and logistics specialist GetSwift Limited (ASX: GSW) has signed a global multiyear partnership with Yum! – the operator of the Taco Bell, KFC, Pizza Hut, and WingStreet brands worldwide.
Yum! is one of the world’s largest fast food restaurant companies in terms of system units – with 42,692 restaurants (including 8,927 that are company-owned, 796 that are unconsolidated affiliates, 30,930 that are franchised, and 2,039 that are licensed) around the world in over 130 countries and growing.
GetSwift Executive Chairman Bane Hunter said home delivery is a fast growing segment of the food market worldwide, and Pizza Hut delivery for example has been at the forefront of this segment since 1985.
He said that in order to compete aggressively in this market Yum! has partnered with GetSwift to provide its retail stores globally the ability to compete with their global counterparts when it comes to deliveries and logistics.
The unique partnership will provide Yum the use of the best in class logistics platform in order to continue improving the customer experience, reduce operational inefficiencies and expand market share,” Mr Hunter said.
The Company estimates that more than 250,000,000 deliveries annually will benefit from its platform as a result of this partnership after implementation.
Initial deployments will commence in the Middle East, and Asia Pac, with more than 20 countries slated to be rolled out in the first and second phase, followed by a broader deployment thereafter.
The company will be focused on concurrent multi regional rollouts to speed up global coverage.
“The support we have received from the senior leadership of Yum not only in their HQ in Dallas but in every international region we met with has made this global program an absolute joy to structure and agree to.
“This latest partnership reaffirms and validates once and for all that GetSwift is a true global disruptor in scale, product and commercial proposition” Mr Hunter said.
