Procol Knowledge Base
What is supplier diversity and why is it important?
Read BlogDecember 8, 2025

Last update: December 18, 2025

Streamline your sourcing process with eRFx software
Organizations are embracing tools for digital procurement, such as eRFx, to...

Vendor risk management (VRM): A complete guide 2026
Vendor risk management is important for creating resilient and effective supply...

What is supply chain risk management (SCRM)? | Definition & steps
In an increasingly interconnected world, organizations rely on smooth supply chain...

Strategic sourcing management software & sourcing solutions: a guide
Learn how strategic sourcing software helps optimize processes, key features and...

Sourcing strategies explained: Types, process, benefits, and examples
Sourcing strategies are important for creating effective, efficient, and resilient supply...

What is third party risk management (TPRM)? | A complete guide
Learn about third party risk management, TPRM assessment, components of the...

Procurement negotiation guide: tips, types & strategies
Learn about the importance of procurement negotiation, key tips & strategies,...

Procurement orchestration: All you need to know in 2025
Explore the value of procurement orchestration, how it works, its benefits,...

20 must-have procurement skills for managers to succeed in 2026
Learn about procurement skills, their importance, the main procurement officer skills...












