Procol • September 17, 2025
Procol Knowledge Base
Welcome to the Knowledge Bank for Procurement Professionals

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 for procurement success in 2025
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 2025
Learn about procurement skills, their importance, the main procurement officer skills...

Sustainable procurement: Definitions, benefits, and best practices
In this modern business era, organizations face challenges such as increasing...

Green procurement: A complete guide for businesses in 2025
Green procurement is not just a passing trend; it is a...

The role of procurement strategy in business growth
As we move towards 2025, procurement is advancing to reduce costs,...

Explore the complete guide to eprocurement technologies
Learn about eProcurement, how the process works, core aspects, challenges, benefits,...

What is centralized procurement? Meaning, benefits, & challenges
A company where each department orders its own supplies may seem...

Cloud based procurement solutions: Benefits, features, and best practices
Explore how cloud based procurement solutions improve and automate workflows. Discover...

The complete guide to procurement KPIs to focus on in 2025
Learn the importance of procurement KPIs, why you should measure procurement...