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Aizat Rahim is Co-Founder for Dropee, a five-year-old B2B eCommerce solution provider that empowers small and medium enterprises (SMEs) to grow and operate more efficiently via digitalisation.
To help SME businesses buy and sell more efficiently, Dropee’s simplified B2B wholesale platform offers easy discovery of the right products and wholesale suppliers.
HAVE you heard of Dropee? Since its inception five years ago, the Malaysian-based business to business (B2B) wholesale platform and eCommerce solution provider has been empowering small and medium enterprises (SMEs) to operate more efficiently by increasing connectivity between businesses. Co-founder Aizat Rahim explains, “Simply put, Dropee connects retailers to wholesale sellers on our marketplace platform, helping retailers source products directly from qualified suppliers.
“We started with drop-shipping in 2017 - where online stores sell products they don’t physically carry, with the supplier fulfilling the orders,” said the 32-year-old finance graduate.
“We have since pivoted to focus solely on B2B, by providing a digital platform for retailers and wholesalers to find the right products and streamline their ordering and payments. Our customers range from the traditional sundry and grocery stores - the kedai runcit, to bigger establishments like hypermarkets.”
With B2B, Aizat explained, “It is not just about getting goods to the businesses that want them. There are several other considerations such as credit and pricing terms for retailers and more. We started with an ordering tool to help retailers purchase their inventory and suppliers manage their purchase orders. Later on, we expanded our offerings to include predictive analytics on KYB (know your business) to further help retailers obtain credit financing. We also leveraged artificial intelligence (AI) elements to predict which products will be in high demand beforehand, to enable retailers to source and manage inventory as efficiently and optimally as possible,” explained Aizat.
Dropee was founded by Aizat, Lenisse Ng, CEO, and Haslinda Rasip, Director of Technology. The trio had previously worked together at venture building accelerator, Infinite Ventures, another business which Aizat had previously founded.
“Coincidentally, we all came from the supply chain industry. My family were distributors of confectionery. Lenisse’s family was involved in manufacturing in the textile industry, and Linda came from retail. We realised that even though we were from different industries and supply chain stages – manufacturer, distributor, and retailer, we faced similar problems.