Slovenian start-up Smart Futuristic has launched FoodPlus, a new business-to-business platform that manages surplus food stock.
Officially presented at the FMCG, Retail and Agribusiness Industry Conference in Vienna last month, the online market is said to represent a new sustainable solution for tackling the problem of food waste.
Suppliers can list their surplus stock on the platform, setting a minimum price and expiration date. The products are then available to a whole host of businesses that can use the food. Buyers are presented with a dashboard of available discounted food items, and can use an in-built negotiation feature that enables both sides to discuss their terms.
Transport details are then set and payments are made, and FoodPlus takes a 5-per-cent commission. The buyers and sellers use their preferred transportation or pickup options to complete the deal.
In an interview to Slovenian daily Finance, Smart Futuristic CEO Dalibor Matijevič said that FoodPlus is already being used by around 150 companies from Slovenia, the countries of the Former Yugoslavia, Italy, Poland, the Czech Republic and Romania.
The initial product offer includes pasta and other dry items with a deadline for use of three to six months, while other products with shorter shelf lives will be added later.
© 2016 European Supermarket Magazine – your source for the latest retail news. Article by Branislav Pekic. To subscribe to ESM: The European Supermarket Magazine, click here.
