Buyers Edge Platform, launched by Foodservice GPO entrepreneur John Davie, offers contracts, technology, data services and expertise to Manufacturers, Consultants, Group Purchasing Organizations (GPOs), and Operators of all sizes.
Key Takeaways:
WALTHAM, Mass., Aug. 20, 2018 (GLOBE NEWSWIRE) -- Twenty years after father-son duo Clifford and John Davie bootstrapped Dining Alliance, a Group Purchasing Organization (GPO) for local foodservice operators in Rochester, New York, they have leveraged their national scale and massive buying power to unveil the Buyers Edge Platform. Buyers Edge Platform is a network of GPOs, service companies, technology providers, and supply chain consultants currently serving over 45,000 locations throughout the foodservice ecosystem. Buyers Edge Platform will go-to-market with its $7 billion in purchasing power to provide competitive, price-driven direct contracts on behalf of its foodservice procurement members: Dining Alliance (Original GPO founded by the Davies), Consolidated Concepts, Buyers Edge Purchasing, Axis Purchasing, Sundell and Associates, RP Procurement, FoodBAM, Source1 Purchasing, Fresh Concepts and other member GPOs and consulting companies.
On the heels of the Platform launch, CEO John Davie, has also made a major announcement of his plans to move the purchasing volume of Buyers Edge Platform and its member companies to entegra Procurement Services, a division of Sodexo North America. Entegra’s collaborative approach and industry leading portfolio of supplier agreements made them the right partner for the Buyers Edge Platform. The entegra portfolio of supplier agreements will be paired with custom agreements negotiated by the Buyers Edge Platform team or the Sodexo team to further enhance the value created for the member companies and participants of the Buyers Edge Platform. “We had our choice of partners and did three years of due diligence. Entegra proved to be the most flexible, competitive and forward thinking and we’re excited about the future of this partnership,” says Davie. Buyers Edge Platform and its affiliated member companies will begin on October 1st, a phased wind-down of the eight-year contract they have been operating under with Compass-Foodbuy. Entegra President Dana Johnston noted that “Entegra looks forward to supporting the growth and value-creation of the dynamic Buyers Edge Platform through the strength of our supplier portfolio of agreements, our commitment to collaboration with our clients and our industry knowledge as the leading Group Purchasing Organization in North America.”
Over twenty purchasing-oriented firms have already joined Buyers Edge Platform, including purchasing consultants, technology providers, several GPOs, a loyalty rewards program, a leading fresh produce management company, and several iconic food and supplies manufacturers. By opening up the platform to members outside the “family” of companies Davie owns, he plans to spur collaboration, transparency, data and opportunity sharing, and, most importantly, amass purchasing clout well beyond its current $7 Billion to unleash the best pricing that will dramatically benefit foodservice operators bottom lines.
At the core of the platform is the Buyers Edge software, which provides powerful data management, contract management, and analytics tools. “Our $7 Billion in purchasing volume is about much more than just buying power,” says John Davie. “That figure represents our ability to bring technology solutions and services that are normally reserved for the largest of operators to all levels of foodservice operators, at very little to no cost.”
Leverage Buying Group has partnered with the Buyers Edge Platform as a GPO Member. According to VP of Programs and Member Services, Jack Frost, “The formation of the Buyers Edge Platform is a transformational development in the Source GPO space. Customers will benefit from the increased transparency and competition. Leverage Buying Group is excited to have a front row seat in the rollout and we are energized by the potential for greater savings and the increased value that we can offer our members through the platform. The ability to customize services allows us greater flexibility and increases our ability to attract new members.”
The Buyers Edge Platform offers benefits to stakeholders throughout the foodservice procurement value chain, including manufacturers, GPO’s, consultants, sales organizations, operators, distributors, or any other company that seeks transparent, full-service GPO capabilities.
With Buyers Edge Platform’s buying power, operator-driven pricing, service offerings, technology, partnership with entegra, and reach across so many verticals, John Davie has seized the opportunity to drive large-scale change in the $260 billion foodservice supply chain. For more information please contact info@buyersedgeplatform.com or visit http://www.buyersedgeplatform.com.