Practice Area: Procurement Optimization
Meritum has expertise throughout the procurement life cycle; from initial spend analysis, opportunity identification, commodity specific sourcing to demand management and compliance. While we have experience in the majority of
"indirect" spend categories, our expertise is particularly deep in Contingent Labor categories such as IT Labor, IT Staff
Augmentation and Temporary Staffing categories.
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Spend Visibility |  |
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Opportunity Assessment | |
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Opportunity Realization | |
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Visibility into overall spend by commodity, vendor, GL, time period cost center, or any other specific needs
Cleansed data set ready for opportunity |
Price benchmarking
Vendor concentration analysis Supply market dynamics Contract terms & conditions analysis Contract compliance Opportunity prioritization |
Commodity-specific RFPs
Negotiation strategy and execution Contractual terms & conditions New contract implementation / transition support |
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Proprietary tool to accelerate compilation, cleansing and analysis of data for conversion into useful information
Experienced spend analysis resources |
Supplier database for key commodities
Updated information on supply market dynamics Continuously updated price benchmarks Test methodologies for fast tracking analysis Experienced resources |
RFP templates for both pricing and non-pricing sections
Robust analytical engine/approach |
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For more information, view the Procurement Optimization Case Study.