Case Study: Construction Materials Company achieves 11% procurement savings with Procol

Realized 11% Savings by Digitizing Procurement Processes for a INR 10000+ Cr Construction Materials Company

The construction materials company, a leading manufacturer with a INR 297 billion market capitalization, sought to optimize its procurement costs and expand its insufficient global supplier network. To address these challenges, the company partnered with Procol to implement its intelligent procurement solutions, including the ProOptimize Suite.

By utilizing Procol's platform to digitize and centralize its procurement processes, the company achieved remarkable results. Procol's solution helped them realize 11% savings on total procurement spending within just three months, onboard over 2,000 new vendors, and drastically reduce negotiation times. The vendor digitized over INR 15 crore in gross merchandise volume in a single quarter.