Eten provides a digital procurement platform that streamlines the sourcing and management of raw materials for food and beverage businesses, enabling real-time price comparisons and automated ordering processes. This solution addresses the challenges of fluctuating prices and unreliable suppliers, helping businesses reduce procurement costs by up to 10% and avoid stock shortages.
Funding
$100K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Food and beverage businesses face challenges in sourcing raw materials due to fluctuating prices, unreliable suppliers, and time-consuming procurement processes. These inefficiencies can lead to increased costs, stock shortages, and reduced profitability.
Solution
Eten provides a digital procurement platform designed to streamline and optimize the sourcing and management of raw materials for food and beverage businesses. The platform offers real-time price comparisons from a wide network of suppliers, enabling businesses to secure the best prices and mitigate market fluctuations. Automated procurement and ordering processes reduce the time spent on supplier management and minimize the risk of stockouts. By simplifying the procurement process, Eten helps businesses reduce costs, improve efficiency, and focus on growth.
Target Audience
Eten primarily targets food and beverage businesses, ranging from small restaurants to growing chains, seeking to optimize their raw material procurement processes.
Features
- Access to an extensive network of suppliers.
- Real-time price comparison across multiple vendors.
- Automated procurement and ordering processes.
- Inventory management system for efficient stock control.
- Digital platform accessible via web and mobile applications.