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BW Businessworld

Transforming The Supply Chain Through Technology

ProcMart is a single window sourcing partnership that offers a wide range of procurement solutions to manufacturing and service-based organizations

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Procurement has long been an important aspect of running a successful business, yet it is often overlooked and left unmanaged. However, ProcMart is changing this. ProcMart is a single window sourcing partnership that offers a wide range of procurement solutions to manufacturing and service-based organizations. Founded in 2015 by a group of experienced procurement experts, the company has quickly become a leader in the industry.

At ProcMart, the vision is to digitize and transform the passively managed manual aspects of the supply chain through a data-driven approach. The company has been assisting large players in the industry, including Colgate Palmolive, Cadbury, Dana Graziano Group, Harman, Faurecia, Fiat, Viatris, Cargill, Britannia, and Samsung. ProcMart has helped these companies identify tail spend as a potential to generate sustainable savings, strategically.

ProcMart's solutions address the major procurement problems faced by organizations, such as inadequate vendor information, unclean and unclassified product specifications, delivery under TAT, managing vendors, clear and quick communication, processing high volumes of quotations, PO, invoices, and payments, and lack of traceability and spend visibility.

With a growing presence across the globe in Malaysia, South Wales, and India, the company is expanding to Southeast Asia and onboarding more Fortune 500 clients. It is moving its steps towards establishing an innovation-driven future in procurement. The company has grown rapidly over a short period of time due to its adoption various Machine Learning algorithms developed in-house for Inventory Optimization and Sourcing.

ProcMart has recently added two new categories to its platform: Packaging and Biomass. These new categories are in line with its commitment to providing sustainable procurement solutions to its clients while meeting their diverse needs. The addition of these categories is yet another milestone in its journey towards becoming a one-stop-shop for all procurement requirements.

ProcMart's work has enhanced the supply chain process by creating an end-to-end ecosystem for manufacturing corporates to fulfill the needs of their indirect procurement. The company’s solutions have helped in cost reduction, improved supplier relationships, and enhanced visibility and control.

ProcMart is currently very specific about its target market, focusing on manufacturing corporates with over Rs 2000Cr revenue. The company has achieved breakeven in the year 2018, and in the last financial year, it completed INR 100Cr revenue. In the current fiscal year, the company is expected to double its revenue.

ProcMart is transforming the supply chain with innovative solutions that address major procurement problems. Creating a soaring presence across the globe, it is quickly becoming a leader in the industry.

Disrupting the Procurement Industry with Innovation and Expertise
Procurement is a crucial part of any business, and Anish Popli recognized this early on in his career. As the Chief Executive Officer & Founder of ProcMart (Instant Procurement Services Private Limited), he has been instrumental in revolutionizing the procurement process and bringing it into the digital age. Anish's visionary leadership, combined with his extensive knowledge of sales, operations, finance, and technology, has been the driving force behind ProcMart's rapid growth.

Anish has played a significant role in establishing the brand from the ground up and bringing top-notch clientele to the company. Anish's expertise in optimizing the buying process has proved to be instrumental in the formation of ProcMart and its subsequent scale-up over the years. He has not only helped the company to grow in numbers but also in upskilling its human resources. His leadership instincts have been recognized with prominent awards, including the Emerging Entrepreneur of the Year at the ‘Iconic Indian Awards’22’ and the Disruptive Supply Chain Leader of the Year at the ‘Logistics World Summit’22’.

His extensive experience in the field of Operations, combined with his Marketing and Financial expertise, has enabled him to assume control of business growth, client acquisition, and client retention. He has led the technical initiatives to create an effective system that digitizes all indirect purchase procurement procedures efficiently.

Additionally, his responsibilities for the organization include financial planning, financial risk management, record-keeping, and financial reporting. His ability to drive results in a fast-paced manner has helped ProcMart redesign the traditionally unorganized sector by digitizing the value chain, building an entire ecosystem for fulfillment, and creating a seamless user interface for B2B buyers.

Prior to founding ProcMart, Anish held managerial positions at reputed organizations including Energo Engineering and BHEL (Bharat Heavy Electricals Limited). During his stint with BHEL, he was closely involved in the implementation of ERP systems and learned about the various technical solutions available in the market to streamline procurement. Anish's passion for technology and innovation, combined with his managerial acumen, has helped him create a successful business model that has disrupted the procurement industry.

Anish has transformed the procurement industry, creating a seamless user interface for B2B buyers and building an entire ecosystem for fulfillment. His contribution towards ProcMart's success is truly remarkable, and his visionary leadership will undoubtedly continue to propel the company forward in the years to come.


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