Claritum

Claritum is a cloud-based suite designed to streamline procurement and supply chain processes for businesses of all sizes. This solution offers a range of tools for order management, vendor management, contract pricing, eProcurement, and inventory management. According to the vendor, Claritum caters to the needs of procurement professionals, supply chain professionals, operations managers, finance professionals, and manufacturing companies across various industries.

Key Features

Vendor Management: Claritum's cloud suite enables businesses to efficiently onboard suppliers and establish a collaborative relationship. It supports bids, messaging, quality and credit scoring, supplier-specific document management, and governance procedures.

Buyer-Supplier Collaboration: Buyers can easily communicate with suppliers through live email and messaging requests for information, quotes, or RFx's. The platform catalogues and stores vendor validation and request information, ensuring seamless collaboration.

Preferred Supplier Database: Buyers can maintain their own preferred supplier database, which can be easily updated for specific future projects without repeatedly going through the full supplier directory.

Detailed Specifications and Proposals: When buyers are unable to define their exact requirements, they can request suppliers to provide detailed specifications and proposals through the portal, ensuring accurate and tailored solutions.

Supplier Portal: Claritum's cloud suite allows businesses to create a private or public directory of external or internal suppliers and vendors. Suppliers can update key information and provide details on their products, services, and production capabilities.

Access Control and Security: Suppliers can only access their sourcing events, contracts, and projects through the Supplier Portal using their specific logon credentials. This ensures data privacy and security.

Certification and Auditing Documentation: Claritum centralizes and tracks certification and auditing documentation for each supplier, ensuring that all transactions comply with the latest overall requirements.

Global Portals: Portals can be created at local, national, regional, and global levels, facilitating efficient supplier management across different geographic locations.

Single View of Suppliers: Claritum provides a comprehensive and centralized view of all suppliers, allowing businesses to access and manage supplier information in one place.

Performance Tracking and Improvement: The system enables the tracking and improvement of supplier and buyer performance, enhancing overall efficiency and effectiveness.