GrubMarket, a food tech company operating in the US and Canadian food supply chain, recently acquired a leading data analytics and business intelligence solution provider, QBIX Analytics, to enhance data analytics solutions in the food supply chain industry.
QBIX Analytics specializes in integrating systems and deploying data solutions to assist clients to increase sales and operational effectiveness. It offers data cleansing and enrichment, data pipeline development and storage, automated reporting and alerting, financial modeling and analysis, visualization and data integrations, and helps organizations in efficiently utilizing their data to improve decision-making.
Providing relevant software-as-a-service solutions to digitally alter the American and global food supply chains, the food technology company, GrubMarket, operates in the domain of food supply chain e-Commerce for both commercial customers and end consumers. By fully utilizing QBIX’s services, it intends to transform food supply chain market by delivering enhanced performance.
Tim York, Co-founder of QBIX, said, “We have worked with the GrubMarket team for a while and have seen firsthand how committed they are to building out a well-integrated and industry-leading software solution to enable more streamlined eCommerce throughout the food supply chain.”
The data analytics products from QBIX will be added to GrubMarket’s eCommerce and software product line, which already consists of the creative and exclusive WholesaleWare software suite. The company’s software-as-a-service platform offers food industry wholesalers and distributors smooth financial management, potent sales and online ordering features, precise inventory management, lot traceability, grower accounting, and automated routing and logistics.
Mike Xu, CEO of GrubMarket, said, “Jeff, Tim and the QBIX team have a sterling reputation in the data analytics space and have worked with hundreds of top-tier customers across a wide range of industries, including agriculture, food and logistics. We’re excited for QBIX to join the GrubMarket family to bring their high quality and reliable data analytics and business intelligence expertise to our ecosystem. This acquisition enables GrubMarket to further strengthen our technology capabilities and software services for our wholesale customers.”
