CASE STUDY

Power2SME helps
Pragati Engineers Pvt
Ltd Boost Profit
Margins With Streamlined
Raw Material Procurement
Process

THE CLIENT
For more than 20 years, Gurgaon-based Pragati Engineers-- a leading manufacturer of steel and
metal sheets, auto component parts and other steel components-- has been synonymous with
quality and a competitive drive for results. Established in 1992, the company runs operations in
NCR and Haridwar, and is committed to widen its footprint across the country.

BUSINESS CHALLENGES
Pragati Engineers had a pool of vendors to source raw materials for production. However, the
company faced roadblocks in terms of right pricing and timely delivery of raw materials. The
challenges continued to hamper the firm’s production cycle and profit margins. The firm was
scouting for a sourcing partner who could effectively streamline their raw material procurement
process.

www.power2sme.com
 THE SOLUTION
Pragati Engineers inked a partnership with Power2SME in early
2012 to bring down the bottlenecks related to sourcing.
Power2SME’s experts charted a strategy to ensure timely and a
smooth transition in the procurement procedure. With
Power2SME as its partner, the company was able to streamline
the raw material management process more effectively. Since the
last three years, Pragati Engineers has been sourcing 25 tonnes of
HRC and CRC sheets per month.
THE BENEFITS
Pawan Malhotra, Managing Director at Pragati Engineers
believes that partnering with Power2SME has been
beneficial for their enterprise. The firm has experienced a
significant increase in its profit margins as timely delivery of
raw materials sourced at best prices helps it easily follow
production timelines. And the best part is--overhead costs
are not incurred.

Pragati Engineers has ambitious plans to expand its

operations in northern India and hence aims to boost its
engagement with Power2SME for effective sourcing of raw
materials.

“ Earlier we had a pool of 3-4 traders from whom we sourced raw materials, and it
would be usually a long process to get the prices. After associating with
Power2SME, there’s hardly any role of traders. It consumes less time to place
orders at Power2SME and the team proactively updates us on prices as well ass

”
guides us on the apt time to purchase raw materials.

- Pawan Malhotra, Managing Director, Pragati Engineers

ABOUT POWER2SME
Power2SME is the first ‘Buying Club’ for SMEs in India that started its operations in 2012. We are committed to empowering SMEs by increasing
their business profits. As the ‘Buying Club’ for SMEs, we focus on reducing the purchase prices for the SMEs and enhancing productivity.

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www.power2sme.com