Key Capabilities

Products updates, features and key capabilities

 

Category-based Procurement

Category-based Procurement

This is the third article exploring the nature of category-based procurement. The first two articles covered Bespoke and Project-based procurement. Focusing by category allows optimisation of the supply chain for that specific category. Leveraging the knowledge and expertise of category specialists to develop a specific strategic approach to each category.

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Project Based Procurement

Project Based Procurement

Project-based procurement occurs when there is a specific project activity and goal. This may be a project that repeats at regular intervals or it may be a one-off project.
The project could include volume purchases, small purchase volumes, standard items, specification of unique one-off items and tailoring of items based on individual projects. All included within any one project activity.

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Claritum to Open Warwickshire Office

Claritum to Open Warwickshire Office

Bath, UK (Feb 12, 2020) – Claritum, a provider of cloud-based spend management solutions, is delighted to announce that, in line with the growth strategy, the company will be opening an office at the Warwick Science Park.

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Procurement Dashboards – 2020 analytical vision

Procurement Dashboards – 2020 analytical vision

Why build procurement dashboards? If you spend a lot of your time analysing detailed data feeds and generating summary reports and trying to make sense of the information you get from different sources such as excel spreadsheets, ERP systems, accounting software, databases and manual forms then you could benefit from building procurement dashboards.

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Does Low Cost Spend Control Matter?

Does Low Cost Spend Control Matter?

Getting low cost spend (or Tail Spend) under control offers more benefit than you realise. Cost savings of course. However, reduced supply risk, time savings, better compliance and improved user satisfaction are all significant benefits to your organisation.

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Impact Acceleration Award for Claritum

Impact Acceleration Award for Claritum

Bath, UK (June 25, 2019) – Claritum, together with Setsquared and the University of Southampton Business School, has secured an Impact Acceleration Award* focused on using AI Data Analytics to identify issues, gain better spend visibility and make faster business decisions.

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Maverick buying moves mainstream

Maverick buying moves mainstream

The number of employees procuring outside of any formal procurement structure is increasing. This increase driven by the many marketplace services available in the cloud and the ease of purchase and familiarity of these Marketplaces.

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Claritum extends SAP integration to SRM

Claritum extends SAP integration to SRM

Bath, UK (June 3, 2019) – Claritum, a provider of cloud based spend management solutions, today announced that they have extended  their integration with SAP to include additional functionality on the integration of SAP SRM (Supplier Relationship Management)

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Technologies that Impact Procurement

Technologies that Impact Procurement

There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. Rather than repeat these and try to tell you what you already know, that change is a good thing if it produces better results. This article summarises, as a table, technology areas that impact on Procurement that you might need to investigate.

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Catalogues

Catalogues

Claritum’s catalogue functionality provides users with branded access to products that can be sourced from multiple suppliers around the world alongside specialist or preferred local vendors. Your users, or customers, will be able to source anything, any time,...

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Mobile

Mobile

For users on the road, key capabilities are all accessible via a mobile device. Users can access catalogues to purchase items and management can monitor transactions, view dashboards and enter approvals 24x7, wherever in the world they are located. With an increasing...

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Automated Order Processing (AOP)

Automated Order Processing (AOP)

Claritum’s Automated Order Processing (AOP) removes the need for manual intervention when processing orders. When enabled this capability streamlines the selection of a supplier, selects the contracted price for the order, raises the relevant purchase order, routes...

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Enhanced Supplier Management

Enhanced Supplier Management

Claritum’s supplier management capabilities enable Category Managers to add potential suppliers and classify them according to their capabilities, including things such as accreditations, performance data and markets served. Access to these suppliers can then be...

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App Store

App Store

Search, find and instantly enable hundreds of 3rd party tools within Claritum’s own App Store. The App Store includes pre-integrated tools and online services to streamline your processes and add value to your business. Apps include approvals, courier pricing &...

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Vendor Managed Inventory (VMI)

Vendor Managed Inventory (VMI)

Suppliers of stocked and configurable products can manage their own inventory. Vendors can add new stock items, confirm pricing and delivery information, update stock levels and dispatch capabilities in real time. This significantly reduces the overhead on the...

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