Introducing WorkFridge — your automated solution for office supplies
Today, we are delighted to introduce WorkFridge and the story of how it came into being.
I have been a serial entrepreneur for over 2 decades, having built 3 businesses — Entask Consultancy (ECS), mPowersolar and Esencia Technologies.
Having seen how technology has traversed into various walks of not only our life, but also businesses to boost the human potential to get tasks done in an efficient way. Office supplies is an important part of day-to-day operations at workplace. There have been times when suddenly paper required for print-outs got over and because of that the work stretched for longer than required.
Workfridge is a result of all the pain points experienced while running day-to-day operations at Entask .
As a design house for building infrastructures, Entask is a big guzzler of paper and accessories.
Office consumables supply chain is still unorganised and fragmented.
The team used to spend a lot of time in the procurement process and often used to get into stressful situations due to shortage. In turn, the delivery efficiency was getting compromised which is harmful for any business.
Ever since, I started looking for solutions that can put the office supplies management on autopilot , so that day-to-day operations of the workplace does not get compromised.
In my search for a viable solution, the idea for WorkFridge was born.
Based on my experiences of running different businesses, I realized that every business unit (BU) has office consumables; materials and the patterns could be different though depending on the segments, the procurement and management processes are mostly the same.
The process of managing multiple vendors, follow-ups and managing the same, takes a lot of effort and time.
In today’s technology driven world, offices are still plagued with inefficiencies in assessment and order management, accountability of usage and over or under stocking situations.
As per the IMRB survey, delayed delivery, vendor follow-ups and managing multiple vendors are the key challenges faced in managing the office supplies.
Often the the problem is perceived as not having ‘A Single supplier for all’.
The fact is having a single supplier could only solve the quarter of this problem. The others would negate and double fold in terms of effect. Though the procurement as a process gets reduced to one vendor, other issues and pain points including consumption efficiencies are still at large. In fact having put everything in basket, the issues tend to increase. Also as the supply chain gets extended, the prices tend to go expensive.
WorkFridge as an intelligent solution is capable of reporting and monitoring all the mapped products sitting inside.Driven by real time consumption data, analytics is built to create dashboards on efficiencies, discrepancies and alert on replenishments.
With WorkFridge, the benefits you get are -
- WorkFridge is deployed free of cost.
- The payouts is based on consumption(30 days cycle). You pay as you consume and not on the stock
- The replenishment is threshold based, eliminating all discrepancies in stocking.
- Real time analytics showing efficiencies, consumption patterns and alerts for standard variations.
- Centralized control if you have multi-branched offices
- No frequent approval and processes as it is contracted.
- Enhancing the business intelligence based on consumption data.
WorkFridge has been received very well by its early customers and we are positioned strongly in our mission to boost operational efficiency at offices by automating office supplies.
We have already signed with esteemed companies, few to mention are Atelier Global, Goyal Group, Legacy Group, Prokd’vs, Industries, Micron Electricals and Marble Centre.
The past year has been a thrilling ride with innumerable experiences that has made the WorkFridge dream be where we are today. And as the saying goes:
We are only getting started…..the journey
If you are interested in knowing more about how WorkFridge would be beneficial for your office, you can reach out to me for more details at satish@workfridge.com .
We would love to know your thoughts on WorkFridge and the particular pain points you face for your office supplies.
Let’s empower every admin function with WorkFridge!
