Case Study: a notable manufacturer and exporter achieves 3% savings with Procol

Modernising Procurement Process Delivered 3% Savings for Leading Textile Manufacturer

The customer, a notable manufacturer and exporter of textiles, faced a complicated and manual procurement process with limited spend visibility, which hindered its negotiation capabilities with vendors. To address these challenges, the company partnered with vendor Procol to modernize its operations using Procol's mobile-based application and intelligence solutions.

Procol's solution simplified critical tasks, generated real-time analytics, and integrated with the client's systems to drastically reduce purchase requisition to purchase order turnaround time. This implementation delivered a significant measurable impact, unlocking 3% savings on a gross merchandise value of over ₹5 crore and expediting the procurement process from 3-4 days down to just 6-7 hours.