Kwayga

In our latest video, Martin Fitzgerald, co-founder of KWAYGA, showcases how our AI-powered supplier-sourcing software is changing the game for European supermarkets. Discover how KWAYGA connects you with top suppliers quickly, slashes sourcing times, and delivers impressive cost savings. With a database of over 100,000 suppliers worldwide and powerful AI technology, KWAYGA empowers your buying team like never before. Already trusted by the largest retailers globally, KWAYGA is here to transform your sourcing strategy. Don't miss out — book a demo today! 🚀🚀 #AI #SourcingTech #RetailGrocery #FoodAndDrinks

As a supermarket buyer, the upcoming EU Deforestation Regulation (EUDR), effective December 30, 2024, will significantly impact how you source products. Commodities like cattle, cocoa, coffee, palm oil, soy, and some of their derived products such as beef and chocolate, must now be deforestation-free, legally compliant, and backed by a due diligence statement. 👉 Key Compliance Requirements: 🔹 Deforestation-Free Criteria: Products must not originate from land deforested after December 31, 2020. 🔹 Due Diligence Process: 🔸 Information Collection: Gather detailed data, including geolocation, supplier details, and production country, to ensure products are linked to their specific origin and are deforestation-free. 🔸 Risk Assessment: Annually assess risks based on factors like deforestation history, country of origin, and supply chain issues. 🔸 Risk Mitigation: If risks are found, take corrective actions such as obtaining more documentation, conducting audits, or modifying supply chain practices. 🔹Reporting and Enforcement: 🔸Large companies are required to publicly report on their due diligence systems annually. 🔸Non-compliance may result in severe penalties, including fines and product confiscation. While these measures aim to ensure sustainability, they also present challenges that will need careful attention within supply chains. Supermarket buyers must ensure that all products, from raw commodities to finished goods, comply with the new standards. To assist with this transition, the European Commission will make available some dedicated training in the autumn. As the December 2024 deadline approaches, it's essential to prepare thoroughly to avoid penalties and ensure compliance across all product categories. #EUDR #Deforestation #SupplyChain #GroceryRetail

Our CEO, Mike McGrath, enjoyed an inspiring trip to #Paris for the Olympics and explored the latest #trends in French #supermarkets. Kwayga is excited to use these insights to help French grocery buyers optimise their sourcing processes and enhance market visibility across Europe.

Many assume that eSourcing is limited to eAuctions or Reverse Auctions. In reality, eSourcing encompasses a wide range of online procurement activities, including supplier identification, negotiation, tendering, bidding, and onboarding, excluding post-tender and contract management steps. Gartner predicts AI and GenAI will shape the future of eSourcing and similar reports show that 98% of Procurement Leaders plan to invest in these technologies. Smart grocery buyers should leverage eSourcing solutions now to stay ahead in procurement. The future lies in digital transformation and responsible sourcing. 👉 Slide to explore the 8 key benefits of eSourcing for grocery buyers. Kwayga is the fastest AI-driven supplier-sourcing engine in Europe, cutting sourcing times for supermarket buyers by 40% and enhancing market visibility with AI-driven technology. Interested? Book a demo today! 🚀

Traditional supplier-sourcing tools were built for the past and no longer deliver the best results. AI-driven sourcing tools are not the future—they are the present. Many buyers haven't embraced this technology yet, but those who do will stay ahead. Want to learn more? Book a demo of Kwayga today! 🚀 A bit more of this brilliant chat our CEO, Mike McGrath, had with Megan Cela from Hokodo 👏 #AI #SupplierSourcing #Innovation

Exciting times at Kwayga!! Our CEO, Mike McGrath, had the honour of pitching Kwayga to the KPMG team as a finalist in the KPMG Global Tech Innovator Competition – Ireland 2024! A big thank you to KPMG Ireland for this incredible opportunity 🚀🚀 #KPMGIreland #KPMG #Innovation #Tech

Grocery retailers are increasingly adopting eco-friendly packaging solutions for their private-label ranges in response to evolving customer preferences and a growing focus on environmental sustainability. Check out some recent innovative packaging solutions: 🔹 Coop Sweden has transitioned its pasta sauce packaging from glass jars to Tetra Pak cartons, which will lower CO2 emissions by 80% and significantly reduce the supply chain footprint. The new packaging allows for 64% more items to be transported per pallet. "At Coop, we always review what we can do to continue to improve our responsibility, and evaluate what and where in the chain we can make improvements," commented Minna Björklund, EVM range manager at Coop Sweden, to ESM - European Supermarket Magazine. 🔹 Waitrose & Partners is introducing a circular recycling scheme for its own-label curries, using trays made from plastic collected through UK household recycling. Partnering with Wrap, Pilgrim’s Europe, and Faerch, this initiative aims to reduce virgin plastic use by employing already recycled plastic. The scheme will also enhance the lifecycle of high-quality PET through easily accessible kerbside recycling. “This is an exciting example of packaging innovation that helps us not only utilize plastic that is often devalued in the recycling process, but allow it to be reprocessed again and again,” said Denise Mathieson FIMMM, Waitrose packaging innovation & delivery manager, to The Grocer. 🔹 Jumbo Supermarkten in the Netherlands has introduced a new one-litre capless pack for its organic milk, expected to save over 9,000 kilograms of plastic and 23,000 kilograms of CO2 emissions annually. This initiative is part of a broader effort to reduce packaging across various categories, including pizza, Easter eggs, and salads, resulting in a total reduction of 58,000 kilograms of packaging material and 184,000 kilograms of CO2 emissions. The company has ensured that the new packaging maintains quality and convenience for shoppers. Ready to enhance your private-label range with sustainable packaging? Book a demo of Kwayga today and discover how you can quickly connect with leading suppliers of sustainable packaging! #sustainablepackaging #groceryretail #sustainability

Proud moment for Kwayga! Our CEO, Mike McGrath, had the opportunity to share a bit of our origin story with Jess Kelly for the KPMG Global Tech Innovator 2024. We are excited to be finalists in this great competition! 🚀 #Awards #KPMG #Tech #Innovation

With Kwayga, supermarket buyers can leverage the power of AI, access a vast database of verified food & drink suppliers, and use robust SaaS tools—all in one place. Are you tired of the endless search for new suppliers, leading to uncertain outcomes? Kwayga saves you time and money by using AI to match your purchase requests with the ideal suppliers in our extensive database. Engage in conversations effortlessly and avoid the hassle of manual tasks such as RFI, pricing, and sampling requests—let Kwayga manage them for you. Ready to transform your sourcing process? 📅 Book a demo of Kwayga today! 🚀🚀

"Transparency and trust are everything in a platform." 🤝 In a recent chat with Megan Cela from Hokodo, our CEO Mike McGrath shared his insights on AI, attracting customers, trust and transparency, and much more. View the full interview here: https://lnkd.in/ex_x_cs7