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QSTRAT Sourcing

QSTRAT Sourcing

3.9 (16)
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#1 Sourcing & Supplier Management combined solution.
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About QSTRAT Sourcing

QLM Sourcing & Supplier Management is a cloud-based solution that helps small to large organizations manage suppliers and spend. The system assists buyers, both direct and indirect, and other supply chain professionals, streamline & improve their sourcing process.

Key features include supplier quotation requests, process automation, bid analysis, audit trails and supplier & contract management.

QLM provides closed loop support for e-sourcing, from initiation through issue, followed by selection and award. Including all relevant supplier requirements, from industry certifications, specs, product details, etc.

QLM Supplier Management allows businesses to develop verification criteria and conduct a variety of assessments with vendors prior to on-boarding.

QLM Sourcing supports your spend analysis efforts, which lets auditors evaluate purchase data collected from multiple sources and generate customized reports on projected savings/procurements.

Managers can use the solution to estimate budgets, monitor savings in real-time and define financial milestones for team members.

QLM Sourcing is the perfect solution for companies in the automotive, medical devices, aerospace, electronics, industrial and other manufacturing sectors.

Key benefits of QSTRAT Sourcing

QLM Sourcing's many benefits include:

1. Improved productivity results in decreased turn-around time for RFQ events and increased time for strategic initiatives like supplier development.

2. Higher quality data internally and externally through system controls reduces the risk of errors and missed solution elements.

3. Process management and automation codifies domain knowledge into the organization, reducing reliance on individuals.

3. Ease of use for supplier community, no software required or cost, ever.

Images

QSTRAT Sourcing Software - QSTRAT Sourcing RFQ creation screenshot
QSTRAT Sourcing Software - QSTRAT Sourcing supplier interaction screenshot
QSTRAT Sourcing Software - QSTRAT Sourcing registered supplier list screenshot
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Starting Price

US$300.00
month
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month

Pricing Options

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Features

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Value for Money

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Customer Service

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Reviews

Overall rating

3.9 /5
(16)
Value for Money
3.8/5
Features
3.5/5
Ease of Use
3.8/5
Customer Support
4.3/5

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Showing 5 reviews of 16 Read all reviews
Showing 5 reviews of 16
Verified Reviewer
Overall rating
  • Industry: Wholesale
  • Company size: 51–200 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

It does the basics of quoting (sending and receiving quotes)

Reviewed on 2018/02/08

It has saved us hours in sending out quotes to suppliers.

It has saved us hours in sending out quotes to suppliers.

Pros

It saves a ton of time managing emails for quoting. You can send a large number of skus out to a large number of vendors in a very short time. The customer support is fantastic, whenever I call or email, our customer service rep jumps to the rescue.

Cons

It's only great if everything works perfectly within process. Send then receive works great. But If you need to add a part to the quote for a supplier that has already quoted, you have to do a work around. If the supplier can not get adobe, they can't import their quote using excel, instead, you have to do a work around. If a supplier quoted 1 of 20 parts incorrectly, they have to resubmit all 20, or do a work around. The front end experience (creating an rfq and sending the rfq to suppliers) is great and has saved us hours of work, The back end handling is where it's a little clunky.

SERGIO
Overall rating
  • Industry: Electrical/Electronic Manufacturing
  • Company size: 5,001–10,000 Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Qstrat - good solution

Reviewed on 2023/12/07

Pros

*Flexibility
*Excellent support and time response
*Great at gathering requirements
*Great process mapping

Cons

*Develop timing, sometimes might be slow.

Don
Overall rating
  • Industry: Automotive
  • Company size: 10,000+ Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 6.0 /10

Decent for the basics, would like to see more.

Reviewed on 2018/02/15

Pros

1 stop shopping for quotes helps control our supplier quotes. Finding quotes and info is good and fairly easy to get at. Comparisons easy.

Cons

Ease of reports and get at info behind the main screens. There is new report systems but we have been unsuccessful to use

Gabriel
Overall rating
  • Industry: Electrical/Electronic Manufacturing
  • Company size: 10,000+ Employees
  • Used Daily for 1+ year
  • Review Source

Overall rating

  • Value for Money
  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

Good sourcing solution

Reviewed on 2023/12/08

They provide good service and have flexibility to customize the tool. They work with us in...

They provide good service and have flexibility to customize the tool. They work with us in continuous improvement and standardizing our processes. Very good working relationship.

Pros

The support received from the QStrat team during and after implementation. The flexibility to work on customized solutions for our company.

Cons

Sometimes it takes too long on changes or develop something new

Eric
Overall rating
  • Industry: Automotive
  • Review Source

Overall rating

  • Ease of Use
  • Customer Support
  • Likelihood to recommend 8.0 /10

I am a commodities buyer, and I use QLM extensively.

Reviewed on 2014/08/21

Pros

I like the history of all quote requests that I can pull up and how I can pull them up by part number, RFQ, supplier name, or almost any field, honestly.

I also like the ease of updating supplier information. In general, the site is very intuitive; I didn't really receive extensive training, but I feel I have an acceptable level of expertise just through regular use.

Cons

I don't like that my suppliers see the portal differently than I do. Sometimes, I provide information, but for some reason (maybe just how it's displayed to them, I don't know), they can't find it. That might be their error, but it happens often enough that I believe it may be an issue with how it's displayed to them.

I also do not like how fast it goes to an automatic logout. It seems like it does it after five minutes or less. That's a little too quick.

Showing 5 reviews of 16 Read all reviews

QSTRAT Sourcing FAQs

Below are some frequently asked questions for QSTRAT Sourcing.

QSTRAT Sourcing offers the following pricing plans:

  • Starting from: US$300.00/month
  • Pricing model: Subscription
  • Free Trial: Available

Starting price: $300/month Contact QSTRAT for more details

QSTRAT Sourcing has the following typical customers:

2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000

QSTRAT Sourcing supports the following languages:

English

QSTRAT Sourcing supports the following devices:

QSTRAT Sourcing integrates with the following applications:

NetSuite, PROPHET, Plex Smart Manufacturing Platform, SAP Business One

QSTRAT Sourcing offers the following support options:

Email/Help Desk, Knowledge Base, Phone Support, Chat

Related categories

See all software categories found for QSTRAT Sourcing.

Folder icon Distribution Software
Folder icon Sourcing Software
Folder icon Procurement Software
Folder icon Procure to Pay Software
Folder icon Vendor Management Software
Folder icon Purchasing Software
Folder icon Spend Management Software
Folder icon Demand Planning Software