Buyers Edge Platform

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Buyers Edge Platform Company Information

Buyers Edge Platform leverages artificial intelligence to identify and organize foodservice items, creating a vast map of products. The company provides data and software tools that offer actionable insights, helping manufacturers target non-contracted competitive spend. Foodservice operators use these tools to reduce costs, improve quality, address supply chain issues, and gain insights into their purchasing functions. Distributors benefit from enhanced visibility, enabling them to drive new business, increase market share, and retain key clients with customized contracts aligned to their marketing goals. The platform supports over 200,000 active restaurants and handles more than $60 billion in network transactions annually, employing over 1,000 people and supporting 40,000 independent restaurants with over 350 manufacturer contracts. Buyers Edge Platform offers a comprehensive technology suite that includes tools for tracking food costs, recipe costs, prices, inventory, and contracts, as well as a Back Office software solution to manage food costs and automate operations. Their proprietary Data Manager software cleans and normalizes product codes from various sources, and stakeholder portals provide accessible data insights to partners. Since 2013, the company has experienced exponential growth and has acquired several companies, including Svenska Krögare and Optimbuy in 2023, RASI and ArrowStream in 2022, and Table37, TracRite, Hiller & Associates, Realtime Solutions, and RestaurantLink in 2021. Buyers Edge Platform is committed to sustainability, setting science-based targets and aiming for net zero emissions by 2040. The company also provides a Supply Chain Support Center to keep clients informed about market alerts and produce updates. Their comprehensive tech stack includes supply chain management, back office solutions, contract management, spend management, and business intelligence tools, all centralized in a data hub that offers real-time visibility, data accuracy, and strategic decision support.

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