Sourcing SolutionsSpend 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.
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
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.
less sourcing admin
BenefitsBenefits of Claritum's cloud based sourcing solutions
Control Best Practice Sourcing
enforce competitive bidding
Leverage Volume Discounts
lock in pre-negotiated rates
release your buyers from burdensome admin
migrate from custom to commodity