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Procol Knowledge Base

Understanding auction bidding strategy in 2025

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Mehak ChawlaContent Writer 

November 24, 2025

13 min read
Understanding auction bidding strategy in 2025
Mehak ChawlaContent Writer 

Last update: November 24, 2025

13 min read
Procurement stakeholders

When you’re leading a procurement project, you’re responsible for every decision,...

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Spend management

If you’ve ever looked at your company’s monthly expenses and wondered...

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eRFx

Organizations are embracing tools for digital procurement, such as eRFx, to...

Mehak Chawla
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Vendor risk management is important for creating resilient and effective supply...

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In an increasingly interconnected world, organizations rely on smooth supply chain...

Rutuparna Rout
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Sourcing management software

Learn how strategic sourcing software helps optimize processes, key features and...

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Sourcing strategies

Sourcing strategies are important for creating effective, efficient, and resilient supply...

Mehak Chawla
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Third party risk management

Learn about third party risk management, TPRM assessment, components of the...

Nyla Uddin
19 min read
Procurement negotiation

Learn about the importance of procurement negotiation, key tips & strategies,...

Nyla Uddin
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The unique strategies they use during auctions help us achieve real cost reductions that aren’t always possible through face-to-face negotiations.

Naveen Nanda
Senior GM Procurement,
Havells

We integrated Procol with SAP, and it brought complete transparency to our procurement. Everything from PR to PO is now tracked, saving us 30–40% of time and costs.

Rahul Wadhwa
Head of Strategic Sourcing, Signature Global

After implementing Procol, the user experience is way better than it used to be. The cost is also much lower compared to other competitors in the market.

Rohan Gosh
Strategic Sourcing Manager, Emami

It’s super user-friendly, helps us reduce manual work, speeds up decision-making, and allows us to access all our procurement data anytime from one place.

Elango Srinivasan
Chief Financial Officer,
India Nippon Electricals Limited
Trusted by leading procurement teams worldwide
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