SUMET

SUMET

Transforming consumer goods distribution with data-driven algorithms and predictive analysis, connecting suppliers and informal retailers.

HQ location
Dar es Salaam, Tanzania
Website
Launch date
Employees
Enterprise value
$3—5m
  • Edit
Get premium to view all results
DateInvestorsAmountRound
investor investor

€0.0

round
investor investor

€0.0

round
*
N/A

$750k

Debt
Total Funding000k
Notes (0)
More about SUMET
Made with AI
Edit

Sumet is revolutionizing the consumer goods distribution sector by leveraging data-driven algorithms and predictive analysis. The company focuses on bridging the gap between suppliers and informal retailers, which are small, often family-owned shops that operate without formal business structures. By using advanced technology, Sumet helps these retailers save money, effort, and time, making their operations more efficient and profitable.

Sumet operates in the consumer goods market, specifically targeting the distribution chain. The company's primary clients are suppliers who produce or distribute consumer goods and informal retailers who sell these goods to end consumers. The informal retail sector is vast and often underserved, making it a lucrative market for Sumet's innovative solutions.

The business model of Sumet revolves around providing a platform that uses algorithms and predictive analysis to optimize the supply chain. This means that the platform can predict demand, manage inventory, and streamline the ordering process, ensuring that retailers get the right products at the right time. By doing so, Sumet reduces waste and increases the efficiency of the distribution process.

Sumet makes money by charging suppliers and retailers for access to its platform. Suppliers benefit from improved distribution efficiency and reduced costs, while retailers gain access to a more reliable supply of goods and better pricing. Additionally, Sumet may offer premium features or services for an additional fee, further enhancing its revenue streams.

In summary, Sumet is a tech-driven company transforming the consumer goods distribution landscape by connecting suppliers with informal retailers through advanced algorithms and predictive analysis. This approach not only saves time and money but also enhances the overall efficiency of the supply chain.

Keywords: data-driven, algorithms, predictive analysis, consumer goods, distribution, suppliers, informal retailers, efficiency, supply chain, technology.

Analytics
Unlock the full power of analytics with a premium account
Track company size and historic growth
Track team composition and strength
Track website visits and app downloads

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.
Book a Demo