Sourcing Solutions

Spend Management Platform to solve the complex spend problem

Solves the Complex Spend Problem

Claritum’s cloud based sourcing capabilities are proven to deliver a transparent and consistent best practice, transactional sourcing process to users, whether a novice employee, an experienced buyer or third party agency or outsourced service provider. To address the complexities of day-to-day buying, Claritum’s sourcing tools provide a unique combination of a structured closed-bid RFx (Request-for-Quote, Request-for-Proposal) and contract (pre-negotiated volume based deals). This approach empowers buyers to establish a ‘market’ or baseline ‘volume’ price and take advantage of market variances through ‘spot pricing’ RFxs.

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Sourcing

RFx (RFQ/RFP)

For custom or ad-hoc requirements, users benefit from a structured closed bid RFx (RFQ/RFP) process. Single part or multi-part projects can be sourced from single or multiple suppliers to component level, so employees can compare whether to single source an entire project or buy components from specialist vendors. Variances can be quickly and easily created to assess ‘what-ifs’ scenario planning. Suppliers can also receive RFx’s and respond within the application. Each element of specification is captured to allow granular analysis and spend control, streamlining interaction with supplier estimating and production systems and automatically recommending optimum combinations of suppliers to deliver the right results for you and or your customers

Contract Pricing

Contracted prices are the maximum you pay for the specified requirement and are ideally used for frequently ordered commodity items. Claritum’s sourcing tools enforce pre-negotiated contract rates from the most appropriate supplier or combination of suppliers. Suppliers are more likely to achieve contracted turnover, as well as a volume commitment from the buyer, over a set period of time. This will allow the supplier to plan their time and resources and further improve efficiencies to drive further savings. Unlike traditional e-auctions, Claritum’s collaborative approach is proven to ensure suppliers engage and participate on an ongoing basis.

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less sourcing admin

Live Bids

Suppliers

Countries

Benefits

Benefits of Claritum's cloud based sourcing solutions

Control Best Practice Sourcing

enforce competitive bidding

Leverage Volume Discounts

lock in pre-negotiated rates

Save Time

release your buyers from burdensome admin

Analyze Demand

migrate from custom to commodity

Features

Features of Claritum’s cloud based sourcing
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structured closed bid RFx

Standard prices for commodity or repeat orders

Capacity Based Spot Buying

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Copy and create variants

single or multi-component projects

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Secure access 24x7 from desktop, tablet or mobile

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Integration and optimisation tools to help suppliers reduce cost

Send RFx to suppliers / Suppliers respond within the application

Buyer notified of responses

Nominate winning supplier / bid

Bid award sent to ERP, Claritum’s Procurement or Sales Order Processing capabilities

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