Top 3 Problems Faced by F&B Businesses When Sourcing Key Supplies
When it comes to starting or growing a food & beverage business, it can be quite a challenge to source and procure key supplies. If not addressed properly, this hurdle can be detrimental and hinder a business from ever taking off and growing. In this article, we explore the most common challenges faced by F&B businesses when sourcing and procuring supplies. We also share how an F&B trade exhibition like Dropee’s Digital Wholesale Market: F&B Edition 2019 (21st Sept 2019, 10AM-10PM @ Da Men Mall) can help restaurants and cafes find quality supplies at the best wholesale prices.
Without further ado, below are the 3 common challenges that F&B businesses face when sourcing key ingredient supplies!
Finding the Right F&B Suppliers
It is not always easy to find reliable food and beverage suppliers. This problem is especially pronounced for newer and smaller F&B businesses, who lack the large supplier contact networks that larger and more established businesses have (from their many years in the industry).
Additionally, most suppliers have high minimum order quantities that simply cannot be met by smaller businesses, who only require smaller stock quantities. As such, smaller businesses with smaller orders do not qualify for the lower unit prices that only apply to large bulk orders.
This is not a problem at Digital Wholesale Market: F&B Edition, where you will get to meet and interact with a wide range of trustworthy and reliable food and beverage suppliers on 21st Sept 2019, 10AM-10PM @ Da Men Mall!
2. Difficulty Comparing Prices
Unfortunately, not all suppliers will be upfront in displaying their product prices. As such, there is often a lot of back-and-forth communication involved in obtaining price information, as businesses have to request quotations from many suppliers to find out the best market prices. Smaller businesses are again at a disadvantage, as they have less finances and less time to devote to finding the lowest-priced supplies.
Digital Wholesale Market: F&B Edition 2019 guarantees the lowest wholesale prices on the market for over 1000+ SKUs across 20 food and beverage categories. Moreover, all prices will be displayed clearly on Dropee on 21st Sept 2019, 10AM-10PM @ Da Men Mall!
3. Lack of Transparency
Clarity and transparency are extremely important in ensuring a good relationship between suppliers and retailers. However, different suppliers will have different procurement processes - from Whatsapp, phone calls, emails, and even fax messages! These manual supply chain processes are spread across multiple channels and involve a lot of paperwork in every step. This leads to poor organisation of order information, increasing the chances of human errors and inaccurate business data.
When you purchase bulk supplies at Dropee’s Digital Wholesale Market: F&B Edition 2019, it will be quick and easy to keep track of your orders! All transactions will take place digitally on Dropee, so all your order information - from payment all the way to delivery - will be documented and trackable on a centralised platform.
To sum it up - if you need to stock up on F&B supplies for your business (e.g. restaurant, cafe, food truck, catering service, etc.), then Dropee’s Digital Wholesale Market: F&B Edition 2019 is the perfect trade exhibition for you! Exclusively on the 21st of September 2019 @ Da Men Mall (10.00 AM - 10.00 PM), you’ll find the lowest wholesale prices for over 1000+ SKUs across 20 food and beverage categories. Not only that - register today and stand a chance to win up to RM3000 in vouchers for use at the event!