Procol • August 22, 2022
Procol Knowledge Base
Welcome to the Knowledge Bank for Procurement Professionals

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...

Procurement Challenges in Retail Industry and How Technology is Solving Them
Procurement in the retail industry is undergoing a silent but steady...

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....

Strategic Sourcing: New Age Sourcing Technology To Optimize Costs
Strategic sourcing delivers rapid value for enterprises by connecting sourcing with...

Centralized Purchasing: Save Time and Money From Your Procurement Process
Centralized purchasing ensures that all purchases go through the procurement workflow....