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Monday, March 25, 2024 1:58:14 PM
This is all GOOD news
Blue Haven Coffee Inc., operating under Canopus Biopharma Inc., has recently announced an amendment to its distributor partnership beverage agreement with PepsiCo.This agreement was originally signed to establish PepsiCo as the exclusive cold-beverage provider for BHC's unattended retail platforms across the company's North American footprint. Here are some key details from the announcement:
Original Agreement: Established PepsiCo as the exclusive cold-beverage provider, deploying over $250,000 in unattended retail equipment and offering customized vendor pricing and national equipment repair support.
Amendment: BHC has received approval for PepsiCo's Direct to Store Delivery program, allowing the company to transition away from purchasing wholesale products from licensed distributors and instead buy directly from PepsiCo. This change is expected to secure better pricing and rebate incentives, thereby increasing margins and reducing costs.
Additionally, Blue Haven Coffee Inc. has secured a new unattended retail management platform - Parlevel systems (VMS), which suggests the company is investing in technology to enhance its operations and customer engagement.
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