Procol, an AI-native procurement technology company, is helping manufacturing enterprises transform procurement through autonomous AI execution and connected workflows. The company works with more than 150 manufacturing businesses across 10+ countries, including Havells, Emami, Jindal, Blue Star, Somany Ceramics and Aditya Birla Group. Across its customer base, Procol has enabled efficiency gains of over 50%, procurement cycles that are up to 80% faster and cost savings of up to 10%, helping businesses improve productivity and strengthen spend management.
Manufacturing procurement involves coordinating high-volume purchases across multiple plants, categories, suppliers, and internal teams. Fragmented systems, manual supplier follow-ups, lengthy approval processes and limited visibility into spending can delay purchasing decisions and make it difficult to maintain consistency across locations. The constraint is rarely any single step. It is the handoffs between them — the week a requisition waits for a budget check, the three days a supplier takes to answer a clarification, the approval sitting in someone’s inbox while a plant counts down its stock. Digitising those steps individually makes each one faster without making the chain shorter.
Procol’s AI-led procurement platform automates activities across the source-to-pay cycle, including requests for quotations (RFQs), requests for proposals (RFPs), electronic auctions, supplier onboarding, approvals and accounts payable. The platform integrates with existing enterprise systems, including SAP and Oracle, through two-way, real-time data synchronisation, enabling enterprises to automate procurement workflows without replacing their existing systems of record.
Procol’s implementations have saved buyers over 8,100 hours of manual effort. By streamlining repetitive tasks and connecting activities across the procurement lifecycle, the platform helps teams track workflows more effectively, improve coordination and focus on higher-value procurement priorities.
Commenting on the role of AI in manufacturing procurement, Gaurav Baheti, CEO and Co-founder, said, “Manufacturing procurement operates at the intersection of cost, production continuity and supplier performance. When purchasing processes rely heavily on manual coordination, fragmented systems and multiple layers of approval, delays can affect productivity across the business. At Procol, we are helping enterprises move beyond digitising workflows towards autonomous execution across the procurement lifecycle. Our implementations have demonstrated a 75% reduction in procurement cycle time, highlighting how AI agents can improve operational efficiency while enabling procurement teams to focus more on strategic sourcing, supplier relationships and cost optimisation.”
Procol currently manages over $30 billion in spend and has generated more than $1 billion in savings across its customer base. For manufacturers running procurement across multiple plants, the focus is on standardising how purchases get made without replacing the systems those plants already run on, bringing AI-led execution into existing procurement environments rather than around them.