Supplier management software that helps you take control and strategically manage your suppliers to increase their performance, improve relationships, mitigate supply risks and drive collaboration.
Cirtuo Guided Strategy Creation helps category managers in supplier management by quickly identifying new supply chain opportunities. Nurture lasting partnerships with key suppliers, encourage collaborative innovation, and systematically track potential risks that maximize supplier relationship value. Supported by AI-based strategies, Cirtuo Guided Strategy Creation recommends the best possible strategic options that fast-track your organization’s supplier management goals.
Cirtuo procurement software gives you pre-defined proven templates populated with spend data upload. The spend is organized and visualized by supplier organizations, categories, and locations. The spend analysis also provides insights into spending relations between categories, suppliers, and locations.
Organize your suppliers and take control over every element. Each element in the spend overview supply tree can be repositioned, quickly helping you determine and organize your positions.
Develop strategic insights that strengthen your risk management methods for suppliers. Leverage risk identification, risk assessment, and risk mitigation for suppliers. The most often used risks for categories and suppliers in procurement are included, and assessments can be tracked historically and supported by strategies and initiatives that mitigate these risks.
Run regular supplier performance assessments with your organization’s key internal stakeholders. Each evaluation can be linked to flexible multi-set criteria that benefit from historical tracking of survey results. The results overview also shows combined ratings for multiple suppliers, categories, locations, and time periods.
Cirtuo supplier preferencing delivers insights to help procurement better understand what is important to suppliers. The analysis determines the attractiveness of the customer to the supplier against the relative value of the customer account. Historical development of supplier preferencing for single or several suppliers is supported through Cirtuo Guided Strategy Creation.
Strengthen business relationships with your suppliers by keeping your procurement stakeholders engaged. Develop strategies that lever on commodity price changes in collaboration with your suppliers and keep a closer eye on the market for possible suppliers to achieve competitive prices. Cirtuo also helps you investigate supplier inventory management, classify your suppliers, and more.
Cirtuo Guided Strategy Creation™ is category management software that enables you to develop a fresh perspective on all key categories, capture available savings, and help you keep an eye on possible risks.
This is precisely what our procurement software solution delivers – helping you get to the heart of strategic procurement.
No matter what phase of procurement transformation you’re in, Cirtuo procurement development software helps you reach your goals faster.
Enable advanced analysis of procurement organizations, accelerate strategy creation, track initiative management, and find new ways to realize results.
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