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Foodem Partners with RAMW to Facilitate & Innovate Member’s Foodservice Procurement Process

Foodem
April 30, 2014

Baltimore, MD -  April 30, 2014 - Foodem, an innovative B2B online food procurement marketplace and business intelligence solution for the $650 billion U.S. wholesale food distribution industry, and the Restaurant Association Metropolitan Washington (RAMW), are pleased to announce the establishment of their new strategic partnership. Launched in late 2013, Foodem facilitates relationships, automates foodservice procurement processes and connects wholesale food buyers with small to mid-sized food distributors, local farms and specialty food manufacturers.

The new partnership with RAMW aims to create additional value for members of the local restaurant and foodservice industry through Foodem’s innovative online marketplace. As the partnership grows, RAMW and Foodem will work together to build awareness and drive adoption of Foodem’s powerful e-commerce tools and advanced services to RAMW’s more than 800 industry members.

“We are ecstatic about our new partnership with RAMW,” said Kash Rehman, CEO and founder of Foodem. “This partnership was a no-brainer. It is the perfect opportunity for Foodem to set the standard and educate industry professionals on the importance of leveraging technology to decrease food costs, streamline and automate food purchasing, and satisfy the growing demand for more local, organic, sustainably-produced, and healthier food choices in restaurants and institutions.”

“We’re excited to forge this relationship with Foodem, whose services address the fundamental challenges of the foodservice industry," said RAMW president and CEO, Kathy E. Hollinger. “This partnership speaks to our mission to provide our members with the tools and support they need to run and grow successful businesses.”

About Foodem

Foodem (www.foodem.com), headquartered in Baltimore, Maryland, is an innovative and disruptive B2B online food marketplace that connects wholesale food buyers, such as restaurants, hotels, schools, hospitals, and government institutions, with food distribution companies, farms and specialty food manufacturers. Through its online search and food procurement capabilities, Foodem brings food sellers onto a single platform, where wholesale food buyers get the most competitive prices in a fast and efficient way. Foodem has received funding from Bethesda, Maryland-based Panacea Capital Advisors, Inc., GF Angel LLC, and the Maryland Technology Development Corporation (TEDCO). Visit Foodem online at www.Foodem.com.

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