QStrat QLM Sourcing Software


 

Since its launch in 2000, QStrat has offered three supply chain management (SCM) products: QLM Costing, QLM Sourcing and QLM Sales. These are flexible systems that are available as either Web-based or on-premise. Many essential applications are present in-suite, including supplier management, procurement and strategic sourcing. These products are suitable for the automotive, life sciences, pharmaceutical, consumer-packaged goods and global trading industries. This suite fully integrates with many popular enterprise resource planning systems (ERPs) including SAP, Oracle, NetSuite and Infor.

QLM Costing helps to create detailed BOMs. Data is exported in XML, allowing system users to edit that data in other programs. This platform is suitable for anyone who has ever tried to keep track of complex quotes using old-fashioned spreadsheets. QLM Sourcing incorporates an automated reminder system to prompt suppliers to respond in a timely manner. It also provides customized RFQ formats for various commodities, using Adobe® Acrobat®’s eForms technology to automate the management of any kind of RFx. QLM Sales allows its users to see all supplier information and contracts in a single central repository. With its integrated workflow tool, anyone accessing the system can route and track individual RFQs, quote data and BOMs. The QuoteCube feature allows for side-by-side comparison of different supplier quotes.

 

QStrat QLM Sourcing - Batch import dashboard
 
  • QStrat QLM Sourcing - Batch import dashboard
    Batch import dashboard
  • QStrat QLM Sourcing - Compare RFQ responses cost
    Compare RFQ responses cost
  • QStrat QLM Sourcing - Custom supplier communications
    Custom supplier communications
  • QStrat QLM Sourcing - Fillable RFQ template
    Fillable RFQ template
  • QStrat QLM Sourcing - RFQ responses, multiple parts
    RFQ responses, multiple parts
  • QStrat QLM Sourcing - Supplier management
    Supplier management
Supported Operating System(s):
Mac OS, Web browser (OS agnostic), Windows 8

11 Reviews of QStrat QLM Sourcing

Showing 1-11 of 11

 

from Field Fastener
Specialty: Industrial Machinery & Equipment

Transiton was smooth and Qstrat was responsive to alll our needs

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Likes Best

The program is completely customizable to fit our business model. While the out of the box option was attractive, we were able to work together to produce a products that perfectly suited our needs.

Likes Least

Start up was a bit buggy, but we were able to work through the issues in a quick fashion.

Recommendations

Do not be afraid to challenge Qstrat to make the program fit your needs. The modification costs were reasonable and timelines were surprisingly short.

 
 

from Akebono Brake Corporation
Specialty: Automotive

Easy to use

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Likes Best

The copy function is exceptional, especially when sending multiple similar RFQs.

Likes Least

We get five-year pricing, but it only goes out four years in QLM.

Recommendations

Use the copy function. It's great for multiple similar RFQs.

 
 

from Akebono Brake Corporation
Specialty: Automotive

QStrat QLM overview

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Likes Best

The system is easy to use, and it helps organize and keep track of our supplier quotes. I would recommend it.

Likes Least

The system times out too quickly when using, and we have to log in again.

Recommendations

Try out the software, and see if it meets your company's needs.

 
 

from Akebono
Specialty: Automotive

QLM Overview

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Likes Best

I like how easy it is to log quotes and to look the quotes up that have been submitted by the suppliers.

Likes Least

If you do not know the QLM code, it is rather hard to search for past quotes issued.

Recommendations

I would recommend that the software be easier to search. However, I do recommend the product because it is very user-friendly when entering data.

 
 

from Akebono Brake Corp
Specialty: Automotive

Purchasing buyer review

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Likes Best

It is user-friendly to enter data to send the RFQ.

Likes Least

There need to be better sorting capabilities, and reporting is not great.

Recommendations

It would be better to be able to run more reports in the system.

 
 

from Akebono
Specialty: Automotive

RFQs sent for Automotive Programs sub-components for brake systems.

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Likes Best

I like sending RFQs electronically with drawings without filling up my mailbox.

Likes Least

The volume has to be placed without a comma, or it will not show up for the vendor.

Recommendations

I would like to be able to view the RFQ before sending it out in a view such as what will be seen by suppliers.

 
 

from Akebono Brake Corporation
Specialty: Automotive

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

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Likes Best

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.

Likes Least

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.

Recommendations

I have worked with Pantera, iSqFt, and some other similar systems that are specialized for construction. This is comparable in all ways, better in some, and worse in none that I can think of.

 
 

from Akebono Corporation
Specialty: Automotive

I have been using QLM Sourcing for about three years

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Likes Best

It enables you to capture all your suppliers' quote in one formatted area, which makes it easier to review quotes side-by-side by line item.

Likes Least

Some suppliers have complained that they can not access the system to input the data.

Recommendations

Make sure it covers all your areas. I think it needs to have more reporting options that are friendly to use.

 
 

from Akebono
Specialty: Automotive

Excellent Product for Tracking Quotations

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Likes Best

The quotation system is excellent. The ability to set up suppliers and then send the same quotation to multiple suppliers is ideal. The other feature that I also like is the calculation tab for all the quotations received. This allows for a quick and easy supplier selection.

Likes Least

Due to the large number of quotations issued, it is difficult to find some RFQs in the system. To work around this, a quote summary sheet is prepared for all quotations, noting the RFQ number and part number quoted.

Recommendations

It's easy to populate and simple to use. The software tracks the quotations and summarizes the results. Also, it's very easy to send changes or follow-up documentation.

 
 

from Akebono Brake
Specialty: Automotive

Reasonable cost, but limited functionality

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Likes Best

The cost is affordable cost, the functionality is easy to understand, and their customer service is great.

Likes Least

Functionality is limited. We still have to maintain lots of other sourcing documentation outside of QLM. There are limited reporting capabilities.

Recommendations

Understand what you need for a sourcing application. QLM works well for its scope, though this scope may be limited.

 
 

from ABC Group Inc.
Specialty: Automotive

QStrat is a great Request for Quote system.

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Likes Best

It has customizable forms, and it's easy to send out RFQs to multiple vendors. It's reliable and has great response tracking. It's easy to cut and paste. The menus are easy to follow. The addition of unlimited and no size restriction attachments are easy. It's customizable.

Likes Least

Multiple icons look the same but perform different tasks. With the next update, I would like to see the addition of the supplier to add attachments back (Prints, Official Quotes, Etc.). They are slow on updates.

Recommendations

Look to see if attachments from suppliers, customizable forms, and standard automotive forms are available?

 
 
 
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