“Helps companies make purchases from suppliers who bid for their business in a live online platform”— Forbes 30 Under 30 Asia
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Annually, the Indian supply chain loses over 40% of its farm produce as a result of supply chain inefficiencies. Agriculture procurement in India lacks five most important pillars that are paramount for supply chain – sustainability, digitization, resilience, efficiency, and agility. Due to fragmented supply chains and lack of digital infrastructure, companies often resort to middlemen for procuring agri commodities.
Cartelization of traders and middlemen significantly affects the price discovery mechanisms from the supply chain and thereby, results in inflated prices. Absence of supporting policies, digital interventions, and inefficient procurement systems highlight leakages in the demand-supply cycle.
Procol’s AI-led solutions help companies enable a robust agri commodities procurement while mitigating every pain point of the source-to-contract journey.
Evaluate eAuctions and Negotiation Bids
Conduct real-time eAuctions to negotiate with vendors through a structured process and unlock 100% process transparency. Increase vendor competition and achieve the best price for your goods by using innovative e-auction techniques like Reverse Auctions, Dutch Auctions, Traffic Light Auctions, and more.
Enable Automation for Seamless Procurement
Reinvent your source-to-contract journey to save days of manually updating spreadsheets. Streamline and centralize all your information in a cloud-based repository to manage risk effectively, improve visibility, reduce time for sourcing events, and mine savings.
Analyze Data Anywhere, Anytime
Procol’s unified dashboard gives you an upper hand by managing reports and performance metrics at a single place. Leverage our mobile-enabled solutions to react quickly to any approval requests, manage proposals, broadcast notifications, and track savings.
Digitalize Traceability Across Supply Chain
Add an electronic aspect to your business by tracing the end-to-end procurement journey across the organization. Manage the upstream procurement process digitally and help procurement teams become more agile and proactive with improved intelligence.
Procurement spend managed
Suppliers spread all over India
Average savings offered
Events conducted across 25+ customers
“The startup helps food retailers procure inventory online, has clients such as Bikanervala and Big Bazaar.”— Yuvraj Malik
“A single platform for sourcing, collaboration, commodity insights; helps businesses save cost and time”— Editorial Desk
Procol can revolutionize procurements for you.
#CallProcol today to facilitate deployment in <2 weeks and realize savings and operational efficiency from your agriculture commodities spend with a smart solution for managing suppliers, sourcing projects, contracting, and rate management.Call Procol