OURHOME pledges to move forward to ‘NEW OURHOME.

• Koo, Vice Chairman, suggests 2023 management plan.

• The sales of KRW 1.83 trillion Operating profit in 2022 KRW 57 billion The expansion of overseas businesses and diversification of business can help to turn around the economy

• It is essential to increase the overseas business of leading global companies in order to be competitive.

SEOUL, South Korea, Jan. 9, 2023 /PRNewswire/ — OURHOME, a global food company based in Korea, held an on∙offline 2023 kick-off ceremony and pledged to take a new leap forward.

The 2023 OURHOME Kick-Off Ceremony was held at its Magok headquarters, Korea. The event was attended by employees from Korea and other employees who work in overseas branches, such as the US. EuropeAnd Vietnam via online live meetings.  Ji-eun Koo was vice president and CEO at OURHOME. He presented the “2023 Management plan and mid/long-term strategic plans” to all employees and executives. The presentation focused on the future vision of the company, including key tasks and management goals in 2023.

Koo expressed gratitude to her employees and encouraged them “For the first-time since its foundation, sales from overseas corporations exceeded 10% of total sales in 2022.” Through active management strategies like close communication with clients and establishment of a K–Food corner, our customer satisfaction was beyond expectations.  She said, “In 2022 our meal care division at home and abroad generated several new customers and the HMR division was successful in targeting the B2C marketplace with market-leading, top-quality food. We laid the foundations for the future by achieving the platinum rating in research and development for Care Food and Medifood and the first industry-wide manufacturing infrastructure.

Koo said that “We must combine our strength and the global mega trend.” Today, companies must provide multidimensional services and products through convergent capabilities and thinking.

Koo stressed that “NEW OURHOME” is a priority. He suggested that the country should accelerate global market penetration, introduce PI (Process Innovation), and strengthen digital capabilities. As global leaders, increasing overseas business is not an option. Let’s look beyond Korea to establish global companies like Sodexo and Compass as competitors starting this year.

OURHOME, a multinational food company, began catering and food ingredient supply in Korea in 1984. The company has since grown to become a leader in catering, providing over 1 million meals daily at 850 customers’ sites. OURHOME is known for its strong manufacturing and distribution infrastructure. It has 9 production facilities, 14 logistics centers, at home and abroad. Additionally, it has 40 years of experience. The company is also expanding its food service business in 4 countries. The United States, China, PolandAnd Vietnam. HACOR is a U.S.-based corporation that operates in the airline catering industry.

OURHOME was the first Korean company to enter China’s catering market in 2010. This helped to anchor overseas market development. The company currently has four corporations. China In 10 cities, including Toronto, it operates 38 stores. Beijing, Nanjing, Guangzhou, Tianjin Yantai.  OURHOME opened its first Vietnamese company in 2017. It opened 13 additional stores last year and is experiencing rapid growth in Vietnam. Currently, OURHOME has 45 stores. Vietnam. This 5 year achievement in the market is significant.

OURHOME, a Korean catering company, became the first to sign a USPS consignment operation agreement in 2021 for a cafeteria.  It was also awarded the contract to manage 15 restaurants at the LG Energy Solutions battery plant in Wroclaw. Poland 2022. Currently, the company focuses on growing its overseas business through the management of the cafeteria for LG Electronics. New Jersey Headquarters with a capacity for approximately 1,000 meals

OURHOME intends to increase its market penetration by targeting 30% its overseas business by 2025. This is based on deep localization, custom food service and global top hygiene management capabilities. Current opportunities are being explored by US and European corporations.

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SOURCE: OURHOME