Vejii Holdings (CSE:VEJI, OTCQB:VEJIF) Ltd said that through its wholly-owned subsidiary VEDGEco USA Inc, the company has launched its improved subscription-based buying functionality for restaurants and independent grocers across North America.
"VEDGEco's platform makes it possible for the restaurants and grocers we serve to enable automatic reordering and ensure that they have the products they want and need on time for their customers. Ontime delivery is particularly important for restaurants, which often have a set menu that requires consistent ingredients," VEDGEco CEO Trevor Hitch said in a statement.
"This functionality not only offers additional savings and peace of mind to our customers, but also allows us to better forecast demand and optimize our operations," he added.
READ: Vejii completes acquisition of VEDGEco USA
On January 4, Vejii told investors that it had completed the acquisition of VEDGEco USA Inc, a leading online business-to-business (B2B) wholesale platform for plant-based products.
With the acquisition of VEDGEco, the percentage of orders using this automatic reordering functionality on the platform is continually increasing, noted Vejii. In January alone, Vejii reported that around 25% of its repeat B2B orders were placed using this subscription service for purchasing.
"There is clear demand from our B2B clients, as they are not only seeking access to a wide range of exceptional plant-based products, but they are also leveraging tools like our new auto-reorder functionality to ensure that they can count on consistent, quality service every time," said Vejii CEO Kory Zelickson.
Headquartered in Kelowna, British Columbia, Vejii is a unified digital marketplace and fulfillment platform featuring thousands of plant-based and sustainable-living products from a growing list of hundreds of vendors.
Contact the author Uttara Choudhury at uttara@proactiveinvestors.com
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