A new digital marketplace for the food industry is helping independent pubs and restaurants source bargain stock direct from food businesses.
Every year around £1bn worth of food waste is created in the manufacturing and distribution stages. Takestock aims to help extract some of the value from this.
From ten tonnes of Oreo-style cookies to 32 buckets of Hollandaise sauce; from 60 bottles of Merlot wine to 5000 sealable takeaway boxes, TakeStock is a UK start-up that offers a digital marketplace for food industry actors to trade unsold stock that is clogging up warehouses and storerooms.
Did you know that more than £1bn worth of food is sent to landfill within the food industry manufacturing stages every year? That’s more than 600,000 tonnes! Too much food goes to landfill While a lot of that does have value, it's in the wrong place at the wrong time. According to Defra this amount is around 2% of the food industry’s output and, despite significant reductions over the last 10 years, the current ratio has been constant since 2012.
Link to twitter for TakeStock