Simplifying Hardware Procurement with Forge
Introduction
Managing the procurement process for hardware companies can be a daunting task, involving requesting quotes, comparing prices, tracking orders, and ensuring timely delivery of parts. This process can be inefficient and wasteful, leading to frustrations for engineers and supply chain teams alike.
Frustration Leads to Innovation
Forge, a startup founded by brothers Emir and Haris Sahmanovic in May 2023, aims to streamline the hardware procurement process. Emir, a former mechanical engineer at leading defense and space companies, experienced firsthand the challenges of obtaining necessary parts for projects. The brothers saw an opportunity to modernize procurement tools in an industry that relies heavily on outdated systems.
The Problem with Traditional Procurement
Traditional procurement processes are often characterized by confusion, complexity, and inefficiency. Engineers are typically kept out of the loop, leading to misunderstandings and delays in order fulfillment. This lack of communication can result in unnecessary expedite fees, wasted time, and increased costs for companies.
The Solution: Forge's Innovative Approach
Forge's platform revolutionizes the procurement process by utilizing AI technology to streamline supplier responses and integrate information seamlessly. Unlike traditional tools that act as data repositories, Forge's system facilitates collaboration, workflow customization, and real-time order tracking. Key features of Forge include:
- AI analysis of supplier responses
- Customizable workflows for different company needs
- Quote comparison tools
- Automated supplier onboarding and performance tracking
Advantages of Forge
Forge offers several key advantages over traditional procurement methods:
- Simplified communication with suppliers
- Improved order tracking and management
- Customizable workflows for increased efficiency
- Cost savings through streamlined processes
- Enhanced collaboration among team members
Customer Success Stories
Forge has already attracted paying customers who have seen significant improvements in their procurement processes. The platform's user-friendly interface, AI capabilities, and customizable features have garnered praise from users across various industries.
Future Growth and Expansion
With the recent $2.1 million seed funding round led by Google's Gradient Ventures, Forge plans to enhance its product offerings and expand its team. The Sahmanovic brothers are committed to continued innovation and growth, with a focus on attracting new customers and solidifying Forge's position as a leader in modern procurement solutions.
Conclusion
In conclusion, Forge represents a significant advancement in the hardware procurement space, offering a modern and efficient solution to a longstanding industry challenge. By leveraging AI technology, customizable workflows, and real-time tracking capabilities, Forge is poised to revolutionize how hardware companies manage their supply chain operations. With a dedicated team and a commitment to excellence, Forge is well-positioned for future success in the rapidly evolving tech landscape.
