ProcMart is a procurement portal that connects businesses for indirect procurement of products and services, offering ancillary services related to procurement such as purchase order management, master data management, and e-catalog management for sellers.

ProcMart

Procmart is a B2B market place which connects buyers and sellers through an easy-to-use application, enabling the buyers to procure effectively.

Procmart aims to bring down the turnaround time per transaction in the B2B space to 24 hours and thereby help buyers and sellers to carry out the transactions effectively and efficiently.

IndiaMART

Sixth Sense Ventures

Building strong bonds over a delightful lunch with the incredible Chennai Team! 🍽️🤝 #TeamBonding #ChennaiTeam #WorkFamily

Saluting the spirit of unity and pride as we hoist the tricolor at our Head Office in Noida. Wishing everyone a Happy Republic Day! 🇮🇳 #RepublicDay #FlagHoisting #PatrioticSpirit

You may have heard about a production inventory, but what is an MRO inventory?

In simple terms, an MRO inventory is a storehouse of consumables, tools, spare parts, and other important items that are essential to maintain continuous operations in an efficient manner in a supply chain management company. 

Managing an MRO inventory effectively reduces downtime, saves costs, and ensures that equipment is available at hand in case there is a breakdown in a segment of the supply chain management workflow.

In today’s digital era, with technologies like AI, blockchain, and IoT in the picture, companies can optimize their MRO inventory management with the help of big data. There are a number of strategies and best practices you can adopt, the best of which are highlighted in this blog.

Are you looking for a #smartprocurement leader to consolidate your MRO vendors and take your MRO inventory management optimization to the next level? DM ProcMart today! 

Excited to announce the success of our Leadership Talk, a campus engagement initiative with Indian Institute of Management, Ranchi! During this interactive session, Abhishek Kumar Singh, our distinguished leader, shared invaluable insights into ProcMart's leadership approach, innovation strategies, and the challenges that have shaped our remarkable journey. The enthusiastic participation and eagerness to learn about different facets of the supply chain from the students were truly inspiring. Looking forward to further campus initiatives and establishing a long-term collaboration.
#LeadershipTalk #CampusEngagement #SupplyChainInnovation #CollaborationOpportunity

Industries are consumed with digitalization, and procurement is no exception. The need for paper-based systems for maintaining purchase records and more is steadily decreasing in favor of cloud-based modern e-procurement systems.

With e-procurement, companies can improve their cost savings, increase spending transparency, easily manage vendor relationships, and much more.

While e-procurement systems can drastically elevate process efficiency while maximizing cost savings for supply chain businesses, following the best practices highlighted below can take your company to the next level! Want to know more? 

We have written a blog about it, diving into details about the e-procurement process and its benefits and best practices. Give it a read.

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Are you looking to partner with a #smartprocurement leader to implement e-procurement processes in your supply chain for greater process efficiency and cost savings? DM ProcMart today! 

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