Rising Demand for Surplus Food Provides Retailers and Food Manufacturers Opportunity to Convert Excess Inventory Into Immediate Cash
BOCA RATON, Fla., September 26, 2019 (Newswire.com) - As the demand for surplus food continues to rise exponentially, companies like Marvell Foods provide profitable solutions to convert excess food inventory, salvage, and surplus food, close-coded food, and frozen food inventory into fast cash.
The demand for surplus food has increased dramatically in recent times. As economic hardships are felt across the United States, and the cost of food prices increase, food manufacturers, suppliers, distributors, packers and other food supply vendors who might be sitting with excess food inventory, frozen food inventory or close-coded food all have an opportunity to convert dormant and rapidly depreciating food products into immediate cash.
“Freezer space is valuable and costly,” says Marilyn Raybin, President of Marvell Foods, one of the nation’s top food brokers, food traders, buyers and sellers of distress food product. Raybin leads a multi-generational food sales, food trading and food brokerage company from the company’s corporate headquarters in Boca Raton, Florida.
As one of the country’s leading out-of-date food wholesaler, Marvell Foods has been at the forefront of bridging this supply and demand gap. By aggressively purchasing and supplying close coded or short coded products, the company provides a valuable service to food manufacturers and other vendors sitting on food inventory, infusing them with much-needed cash through dormant inventory buy-out. Using its carefully cultivated network of buyers and sellers from across the country, Marvell Foods then offers these wholesome food products at deeply discounted prices to discount stores, food banks, prisons, among other unique buyers they have developed over three decades in the food services industry.
With the United States alone wasting 150,000 tons of food daily, there is a huge market gap that requires manufacturers and food broker companies, like Marvell Foods, to provide this little known service of great value to economically depressed consumers and communities feeling a financial crunch. “Not only does the wasted product signify a considerable [potential] loss for retailers and manufacturers,” Raybin points out, “ but as important, there are additional costs simply to store, freeze and even dispose of these food products. We solve all these problems.”
According to Marvell, most expiration dates do not necessarily denote the longevity of a food item but, rather, its freshness. They are used by food manufacturers to let consumers know when a product is at peak condition. Oftentimes, certain food items might not even taste different at all past their expiration dates, particularly unrefrigerated items.
Marvell Foods specializes in purchasing any kind of overrun, close-coded, surplus, closeout, or salvaged items. Whether you have bulk canned goods, wholesale packaged items, and meats, baked goods or dairy – Marvell Food’s far-reaching network ensures that it has a client ready for delivery.
In three decades of operations as the country’s leading out-of-date food wholesaler, Marvell Foods has forged an extensive network of buyers that readily acquire excess food inventory to cater to the rising demand – creating a valuable revenue-generating opportunity for the food retail sector across the country.
About The Company
Marvell Foods is a close-coded food wholesaler, well-equipped to address excess inventory issues in the foodservice industry. As a third-generation, family-run company with global reach, it has a credible track record of more than three decades. Catering to specific and unique niches, Marvell Foods has a wide network of food suppliers, manufacturers, retailers, and wholesalers. Visit their site or contact them for more information.
Contact: https://www.marvellfoods.com/contact-marvell-foods/
Website: https://www.marvellfoods.com/
Media Contact:
Jeff Mustard, President
The Bamboo Agency
Direct: 954-801-8263 | email: jeff@thebambooagency.com
Source: Marvell Foods