How Food Companies Globally Can Take Advantage of Significant Cost Reductions

Foods Connected and Mintec Partnership

Foods Connected, a leading software provider of end to end solutions for Supply Chain, Procurement, Food Safety, Quality and CSR for the food industry, has announce a new integration partnership with the global food pricing data expert Mintec, a leader in the space of data and analytics for the food industry.

In a powerful step forward for both businesses, the two leading software and data providers will join forces, adding significant value to their respective product offerings.

This partnership will harness the rich procurement functionality of the Foods Connected platform along with the analytics provided by Mintec to deliver greater real-time market insight to businesses allowing them to compare their own internal performance against independent industry data.

The direct connection between Foods Connected’s supply chain management software - which features procurement, trading, planning and logistics solutions - and Mintec’s powerful intelligence and pricing data offering ‘Mintec Analytics’, will allow food businesses across the globe the ability to quickly unlock the value and transparency in their increasingly complex supply chains.

By realising optimal pricing outcomes with industry wide pricing trends and comparison analysis, food companies globally can take advantage of significant cost reductions and ensure evidence-based trading decisions in record time.

“It is my pleasure to announce that our partnership with Mintec, an industry renowned leader in food pricing data. We’re absolutely thrilled with the value this partnership will deliver to our customers. The increased market visibility provided by Mintec combined with our own set of procurement and supply chain tools will allow our customers to make the most cost-effective, evidence-based trading decisions at the click of a button. At Foods Connected, we pride ourselves on our expertise and our ability to simplify complex tasks for our customers, taking the guesswork and time out of searching for information. As we continue to grow, we are excited to be working with data intelligence experts such as Mintec to better innovate our offering and keep delivering above and beyond for our valued customers.” - Roger McCracken, Foods Connected

Spencer Wicks, CEO of Mintec, said: “Mintec is pleased to partner with Foods Connected and deliver an end-to-end solution to supply chain professionals that helps them better understand their supplier prices. The combination of tools and data will dramatically increase their confidence when sourcing raw materials.”

The integration, developed by Foods Connected, will form an important part of the Foods Connected Procurement and Supply Chain product solution.

About Foods Connected

Foods Connected is a Supply Chain Management Cloud Software Company, founded in Northern Ireland. The software platform, which is highly configurable to individual business’s needs was created and is run by food industry professionals and promotes transparency and connectedness in supply chains allowing for quicker more impactful evidence based decisions. The company currently offers over 25 solutions to help those working in the industry do just that. Foods Connected pride itself on offering customers the information they need to find the right supplier, the right product, at the right quality and the right price. They were recently listed in Deloitte Ireland’s ‘Fast 50’ tech companies of 2020.

About Mintec

Mintec is a well-established leader in the space of data and analytics for the food industry, providing independent price data and analysis since 1982. With powerful online data and analytics tools, Mintec deliver increased price visibility, improved budget management & greater spend control to the world's largest brands, enabling them to implement more efficient & sustainable procurement strategies. 35 years of experience in global data collection, with 25 million data points released each year make Mintec the industry’s first choice to ensure reduced costs, managed risk and increased efficiency, with maximised margins.

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