Foodbuy could save your business money

By Lucy Dixon
Foodbuy is a new food and beverage procurement company that has recently been launched in the UK. Created by Compass Group UK & Ireland, following...

Foodbuy is a new food and beverage procurement company that has recently been launched in the UK.

Created by Compass Group UK & Ireland, following its acquisition of third party procurement specialists Acquire Services Ltd in 2015, Foodbuy offers a procurement solution to companies across a range of industries including hospitality, restaurants and hotels, care homes and education establishments.

The scale of Foodbuy’s spend – now nearly £1 billion – will bring significant cost savings to Foodbuy clients. In addition, clients will have access to a rich and diverse range of award-winning suppliers and procurement solutions such as e-commerce, spend analysis and responsible sourcing dashboards offering enhanced transparency.

Oliver Cock, Managing Director of Foodbuy in the UK, commented: “As well as offering huge cost savings and access to some of the best produce out there, Foodbuy also opens up the market with its flexible approach to procurement. Unlike traditional third party procurement, Foodbuy clients can now pick and choose the products that they want to source whilst still having access to the scale of our supply chain.

“Foodbuy is also brilliant news for Compass’ long-standing and trusted supplier partners. Our suppliers will have access to new markets and increased volumes and as we grow, they grow with us. Foodbuy already has a promising pipeline of opportunities and I’m really excited about the benefits this new model of procurement will bring to both our clients and supplier partners.”

Supply Chain Digital's September issue is now live. 

Follow @SupplyChainD on Twitter.

Supply Chain Digital is also on Facebook. 

Share
Share

Featured Articles

Third-party supply risk 'key to survival' - Refinitiv report

The American-British global provider of financial market data and infrastructure, Refinitiv, has published a paper on how 3rd party is a key to survival

Logistics global air, sea rail & road news round-up

Rail freight body ERFA sounds legal warning to EC; China ports see traffic increase, despite lockdowns; US logistics report shows huge 2021 cost increases

IBM supply chain head's digital transformation insight

Speaking at Procurement & Supply Chain LIVE: The Risk & Resilience Conference, IBM Supply Chain Transformation Lead Bob Booth shares transformation insight

Uyghur Forced Labor Protection Act & US supply chains

Sustainability

Put people at heart of supply chain transformation - Loseby

Supply Chain Risk Management

Regional supply chain problems add complexity, says Kinaxis

Logistics