Procol • September 28, 2022
Procol Knowledge Base
Welcome to the Knowledge Bank for Procurement Professionals
Procol • July 9, 2025
22 Most Important Procurement KPIs to Measure in 2024
Procol • July 9, 2025
Here’s How Forward Auction Enhances Your Procurement Process
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Strategic Sourcing Software: A Guidebook for Businesses
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Your Ultimate Guide To Unlocking The Secret To Efficient Capex Procurement
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Know Why Procurement Compliance Is Essential for an Organization
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The Ultimate Complete Guide to Reverse Auction Strategy
Role of Spend Analytics in Strategic Sourcing
The strategic planning of the procurement process relies heavily on the...
Utilise a Dedicated Procurement Software to Simplify Sourcing Complexities
A dedicated portal can revolutionise your procurement processes. Here’s how you...
Improving Spend Visibility with AI-Driven Classification of Commodities
AI-driven commodity classification helps classify transactions against their correct value. Ever...
Impact of Commodity Price Fluctuations on Profitability
CPOs and supply chain officers continue to look for the best...
A Guide to Common Procurement Terms and Abbreviations
As an e-procurement professional, you must have in-depth knowledge of the...
Why Supplier Diversity is Important for Procurement Transformation?
Organisations should have supplier diversity in procurement. Find out its advantages...
Implementing Digital Procurement In Manufacturing Industry
The manufacturing industry deals with hundreds of procurement operations daily. A...
Take Control of Your Maverick Spend with Smart Procurement Solution
If left unmonitored and uncontrolled, maverick spend can quickly turn out...
How Integration Adds Value To E-Procurement Solutions
Procurement Solution integrated with supplier store saves procurement costs. Learn how...
Why You Should Move Away From Paper Purchase Orders ?
A procurement solution helps your organisation eliminate laborious paper purchase orders....
Procurement Landscape for Agriculture Commodities
Agriculture industry is volatile as the produce quality differs due to...
How to Strategically Optimise Procurement Costs?
Every business hopes for Cost Optimisation, and e-procurement makes it possible....
