Australian start-up
Kaddy has developed a platform that consolidates multiple suppliers into one
system.
The technology enables on- and off-premise venues to easily
access and place orders with an array of different suppliers, as well as handle
account administration, all from the one place. For bars, this means that
focusing on trending niche and craft products could be easier than ever.
Some of the industry’s leading operators and groups are
already coming on board, including ALIA’s Bar Group Operator of the Year, Applejack
Hospitality Group as well as Mary’s Group.
Kaddy was founded by high school friends Rich Coombes and Mike Abbott (pictured above), who have career histories in corporate finance, as well as craft beverages and technology.
Coombes previously co-founded several beverage companies
including Batlow Cider and Capital Brewing, and said the recent explosion of
craft beverage producers created the need for a more streamlined approach to
ordering and payments, especially when venues are trying to keep up with the
best, freshest and most on-demand products across multiple channels.
“Ordering from so many different suppliers is a messy
and inefficient process that usuallyinvolves text messages, emails and
phone calls, not to mention the time-consuming process of setting up a
credit application for every individual supplier, each of which may havedifferent
trading terms and requirements,” Coombes said.
“Rather than have 10, 20 or 100 different beer suppliers,
for example, a venue can access their suppliers’ products with a single Kaddy
account.”
Co-founder Abbott complements the team with significant experience in the tech scene, having previously co-founded Uber in Australia in 2012, leading its operations for the Australian and New Zealand region.
“From working closely with the Uber Eats team, I got a very
clear sense of how difficult ordering and administration can be for hospitality
businesses, and technology’s huge potential to make their processes so much
more efficient,” Abbott said.
Developed in-house by a team of three software engineers, Kaddy’s creation was driven by industry feedback about how a best practice ordering solution should operate.
Abbott described the technological benefits of this for venues and said: “Building a custom solution in-house has given us the flexibility to build the features that are most important to our users. It’s mobile web, which means it’s accessible both on a desktop and mobile phone, and very simple to use.”
There are already over 30 suppliers also on board already,
including Bentspoke Brewing Company, The Grifter Brewing Company, Two Birds
Brewing Company and Endeavour Brewing Company. Kaddy is said to make it easier
on this side of the equation too, thanks to admin tools and payment systems
that create an efficient back office and accounts department.
Coombes said: “A supplier never has to send an invoice or chase a dollar of payment, they can focus on what they do best and love doing – making great products and building an amazing brand.”
Kaddy is already up and running across NSW and ACT, expecting to be able to facilitate orders nationwide by the first quarter of 2020. Find out how you can get involved by visiting www.kaddy.com.au.