“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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Procuring logistics is a costly exercise that involves complex supply chain and high risk. In 2018, India ranked 42nd out of 160 countries on the World Bank’s Logistics Performance Index, with a score of 3.18 out of 5. Procol’s intelligent AI-powered solution helps companies transform their procurement experience by optimizing costs and operations across regions and industries.
Most organizations have dedicated teams that follow traditional approaches to source transportation and aggregate spend. However, these processes often result in increased complexity, inflated prices, and unhealthy supplier relationships in the longer run. To help you overcome such potential risks, Procol creates a systematic and strategic roadmap to significantly eliminate roadblocks like pricing issues, time inefficiency, and obscure supply chain.
Our tailored solutions identify operational and market constraints to capture best bids through reverse auctions. Our comprehensive and sustainable approach evaluates other important levers like customer requirements, warehouse locations, transit duration, equipment type, service levels, and much more, to deliver optimum savings.
Optimizing Spends with Negotiation Bids
Extensive bidding and negotiation process to drive competition among carriers and thereby, finding the best value for your organization. Monitor contracts and bids in real-time through a centralized dashboard and control unpredictable spends.
Improving the Overall Turnaround Time
Evaluating carriers on the basis of their geographies, type, transit times, performance, and equipment, to reduce significant time from PR to PO. Create and run multiple bidding events simultaneously to get faster bids and closures.
Building Stronger Relationships
Aggregate all related data on a single platform to proactively manage carriers, contracts, and reports. Collaborate with your carriers via two-way communication channels and ensure last-mile delivery.
Securing Supply Chain with Reduced Risks
Balance costs and performance while maintaining a healthy supply chain. Procol’s unified dashboard gives 100% visibility of the entire procurement cycle and lets you tackle complicated sourcing events with efficiency.
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 logistics spend with a smart solution for managing suppliers, sourcing projects, contracting, and rate management.Call Procol