(NU6) 5 of 6 - by Angelbert Orseno AGSB Clark - Company Convenience Store Using Company ID

Angelbert M Orseno

Prof Jorge Saguinsin

ENTREP – AGSB, Clark

Background

In a fast-paced busy life a typical day of an office worker or employee consists of an average of 4hours travel time and 10hours work period time; equating it means one must be up at 5am, start the travel at 6am, reaching the office at 8am, doing work until 5pm and start traveling back home at 6am. Assuming no congestion and packed public transport one can reach home if lucky by around 8pm – this period, for 6 days a week obviously takes out family quality time.

In between this routine period or towards the period of going back home the office worker would tend to buy basic house supplies like canned goods, rice, bread, eggs, kitchen and cooking items, etc and many times the hours spent doing this after work marketing contributes to the delay of reaching back home.

Challenge

If the in between or after work marketing chores could be removed or lessen the saved time is more than enough to cover traveling time and that translates to more quality time for the family.

Innovative Service – Company Convenience/Grocery Store Using Company ID as Purchased Medium

Process

Company set-ups a convenience or grocery store inside premise. It setup also an online purchase system where the purchaser identification is tagged in his/her company ID like bar-code. An employee is entitled a certain amount that is within his/her available salary. At every 30 minutes during time-off (lunch break, coffee break or end of day period) the system will open and employee can punch-in their purchases using their computers and their company card. The sale process is completed upon online system check-out. Employee can just then pick-up the purchase (bagged, sorted, packed, etc) upon exit of company premise. The purchase cost can be deductable to the salary in agreed terms.

Benefits

The process eliminates the time needed for an employee to drop by to the grocery or stores to do marketing of basic supplies and needs. It also eliminates borrowing of money (which most of the time has interest) in case if it is not yet the salary day. The benefit of the payment scheme allows the employee for a budgeted spending.  3