ePallet Announces a Strategic Investment by LA Foods
Technology and logistics startup changing wholesale food supply chain
LOS ANGELES, February 14, 2018 (Newswire.com) - ePallet (www.epallet.com), a technology and logistics startup that benefits both food manufacturers and customers through direct sales of products in full-pallet increments, announced LA Foods, a nationwide food distributor and importer servicing government agencies, retail, industrial and foodservice organizations, has made a strategic investment in the company.
Founded in 1990 by Max Gold and Mark Davis, LA Foods services over 4,000 accounts nationwide, distributing more than 200 million pounds of food products each year.
We see ePallet as a revolutionary technological breakthrough in transparency and simplicity that removes the pain of selling and buying in pallet quantities for both vendors and buyers.
Max Gold, President, LA Foods
In ePallet, the company recognized the opportunity in a new approach to the traditional supply chain where layers of middlemen typically add markups of 10-40 percent.
“Mark and I see ePallet as a revolutionary technological breakthrough in transparency and simplicity that removes the pain of selling and buying in pallet quantities for both vendors and buyers,” Gold said. “ePallet makes it easy to save both time and money with real-time-delivered pricing and all the needed product information on one convenient, single-source platform.”
ePallet, whose slogan is “True Wholesale,” provides an artificial intelligence (AI)-driven platform that disrupts the existing food supply chain by allowing customers direct access to manufacturers’ products in full-pallet increments.
ePallet’s business model allows buyers to purchase affordable, quality food in pallet quantities from a wide range of trusted, global and local brands. “All products clearly display delivered pricing in pallet and multiple-pallet quantities and include a 100 percent guarantee of getting exactly what’s ordered,” Gold added.
To learn more about ePallet, please contact:
Media Relations Office: 833-372-5538
press@epallet.com
Source: ePallet
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