Case Study: a leading cement manufacturer achieves 10%+ sourcing savings with Procol

India’s $1.5 Bn+ cement manufacturer, achieved >10% savings in Rs. 70 Cr+ sourcing in a quarter

A leading cement manufacturer in India faced significant procurement challenges, including dated sourcing tools that were difficult for buyers and suppliers, a lack of process transparency, and a slow manual turnaround time of 10-30 days. These issues caused delayed purchasing and missed cost-saving opportunities. To address this, they adopted Procol's e-procurement platform to overhaul their sourcing process.

By implementing Procol, the company streamlined negotiations with reverse auctions and RFP processes, slashing its turnaround time from weeks to just 24-48 hours. This led to over 10% in quarterly cost savings, totaling over INR 40 Cr saved on a spend of INR 400 Cr in a year, delivering an ROI of over 200 times. Procol also provided critical dashboard analytics for better spend visibility and successfully onboarded 1,800+ existing vendors onto its user-friendly platform.