Marketplace For F&B's - DailyStraits.com

Kuala Lumpur, October 3: Saladplate and Food Market Hub (FMH) has signed an MOU to offer F&B businesses the possibility to explore new opportunities by connecting them to a globalised database from over 90 countries that let’s them to either sell or source for produce online.
Aimed at supporting local F&B businesses to regain a sense of normalcy and embrace digitalisation as a means to drive greater livelihood, was the core reason that led to the partnership between Saladplate and FMH.
“Food Market Hub perfectly complements Saladplate’s vision of seamlessly connecting global suppliers to local markets, this partnership reflects our desire to collaborate with companies that share our vision of simplifying process for the F&B sector in every step of the way, from product discovery, handling complex import and distribution process, online and offline promotions to efficient management of business spending,” Founder of Saladplate.com Dave Chan said.
“Together with Saladplate’s strong network of international and domestic suppliers, combined with Food Market Hub’s clientele comprising local hotel, restaurant and café operators, we can deliver to clients the access to a wide network of brands. “
As a unique industrial partnership for the Malaysian market, the collaboration presents a platform that is specifically for the F&B industry to weather these trying times, be it benefiting from a smart and efficient cost management system, or a new revenue stream opportunity.
Local businesses can now source for items digitally through a wide selection of products supplied across the globe, all through one platform.
The platform implements a stringent process to only feature verified brands that are available in Malaysia.
This is to ensure a safe digital environment is established, to protect the interest of both suppliers and buyers against possible fraud.
The platform also empowers F&B businesses to manage their business inventory efficiently, powered by an AI-driven feature that will analyse their expenditure, or expand into newer markets via secured communications.
Some of the features offered by the platform are an automated cost and inventory management system, an all-in-one communication platform and global resources to leverage.
The platform will also be utilised at the upcoming Food & Hotel Malaysia (FHM) exhibition, Malaysia’s largest biennial food and hospitality trade show.
In line with the upcoming exhibition taking place in a hybrid format, this platform will serve to support retailers and buyers attending the FHM Virtual Feast, to engage and schedule appointments in advance.
According to research by Forrester Research, only 46 per cent of businesses in Malaysia were on a digital transformation journey since last year, with more firms were intending to start this year.
The government has also executed several initiatives to push digitalisation amongst businesses, with the recent MyDIGITAL initiative to transform Malaysia into a digitally-driven nation.
To date, the platform powered by Saladplate and Food Market Hub has enabled notable brands and businesses both locally and globally, such as Kentucky Fried Chicken, Din Tai Fung, The Fish Bowl, Salad Atelier, and others to efficiently scale and be cost-efficient.
Through the platform, Din Tai Fung was able to establish an effective communication channel between the central kitchen and outlets, enabling the brand to scale a 21 per cent growth Y-o-Y (year-on-year).
The platform is now available for F&B businesses in Malaysia to bring their brand to the digital space.
To find out more about the platform, businesses can register for free by creating an account through this link – Saladplate – Register as a buyer.