Intellect and Essel Mining Join Forces to Modernise ₹ 1200 Crore Procurement with AI Platform

Essel Mining & Industries Ltd (EMIL), a leading player in India's mining industry, has forged a strategic alliance with Intellect Digital Technology for Commerce (iDTC), a business division of Intellect Design Arena Ltd, to transform its procurement practices. The tie-up, made public on Tuesday, 15th April 2025, will have EMIL implement Intellect's award-winning eMACH.ai CPX platform with the objective of introducing new heights of efficiency and transparency in procurement spend worth around ₹ 1200 crore per annum.

Company Background and Digital Transformation Objectives

EMIL, a part of Aditya Birla Group, has achieved an annual turnover of ₹ 2343 crore in FY24. With its history in resource management and mining since 1950, the company is going through a digital transformation process for its procurement processes. The adoption of eMACH.ai CPX is expected to connect EMIL with a substantial network of more than 800 sellers, addressing a wide array of procurement requirements covering raw materials, equipment, consumables, services, and general supplies. The platform can scale up to host hundreds or thousands of sellers in different categories applicable to EMIL operations.

eMACH.ai CPX Platform Overview and Differentiators

Intellect's eMACH.ai CPX is a state-of-the-art open API-based Source-to-Pay platform aimed to power Global Connected Commerce. It offers multi-mode procurement capabilities of reverse auctions, direct buys, and strategic sourcing, providing massive flexibility in deployment. One of the distinguishers mentioned by EMIL in choosing this platform is its combination of profound domain knowledge along with state-of-the-art technology. The platform utilizes Intellect's own EPIC Model (Efficiency, Purposeful, Intelligent, and Compliant) as the basis, providing a complete and scalable solution for procurement transformation. Its integrability and customizability were also important considerations for EMIL.

Expected Benefits and Outcomes

The expected gains for EMIL are the automation of the end-to-end procure-to-pay lifecycle, from vendor engagement and reverse auctions to purchase order integration and compliance monitoring. In addition, the platform is expected to enable data-driven transformation through AI-driven dashboards and reports, allowing actionable insights and wiser decision-making. Greater collaboration with vendors through real-time visibility and intuitive user interfaces is yet another expected result.

Leadership Perspectives

Ajay Kumar, EMIL's Chief Procurement Officer, spoke about the alliance, underlining the company's dedication to adopting cutting-edge solutions for smooth integration, increased accuracy and efficiency in its procurement processes. Debanjan Kumar, CEO of iDTC, added that this partnership marks a watershed in redefining procurement by driving unparalleled efficiency, compliance, and collaboration and ultimately allowing EMIL to attain its strategic vision.

Strategic Industry Impact and Future Outlook

This strategic partnership reinforces the growing emphasis on utilizing state-of-the-art digital technologies, specifically AI-enabled platforms, in order to maximise procurement activities in core industries such as mining. The utilization of eMACH.ai CPX by a leading player such as EMIL will be carefully watched for how it affects efficiency, transparency, and overall operations excellence in the industry. Intellect Design Arena, with its proven track record in the financial technology domain and its committed unit Digital Technology for Commerce, hopes to establish itself as the go-to enterprise transformation partner with this union.

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