Cooperative Buying House for the Food & Beverage Industry
iFood Pte Ltd is an islandwide private initiative developed to help single or multi outlets, Restaurants, Cafés, Pubs, Clubs and Boutique Hotels enjoy competitive pricing of raw materials.
This process which is only possible with large scales operation, now is possible for single, stand alone outlets and smaller chain. We achieve this by analyzing the different raw materials used by individual operators and amalgamating their needs with other operators needing similar products. From here, we proceed to negotiate and bulk buy on behalf of our clients so as to achieve economies of scale in purchasing only possible with very large chain operators.
iFood Pte Ltd currently operates a chain of over 40 Cafés, Cafeterias and Restaurants. iFood is constantly of expanding their operations to include more business opportunities.
Operators of single or multi units F&B operations can leverage on iFood’s current scale of purchase and immediately enjoy competitive pricing.
At present the group purchases several raw materials in excess of two metric tonnes per month and this quantity can only get bigger should more operators buy similar raw materials and amalgamate their orders with iFood. It is not difficult to recognize that over time both the range of raw materials as well as the quantity of purchase will get larger to a point that every individual operator on iFood’s platform can enjoy raw material pricing similar to that of very large companies, thus making the business environment level for all players.