QLM Sourcing Software


 

QLM Sourcing by QStrat is a supply chain management solution that caters to businesses in industries such as automotive, medical devices, aerospace and more. Key features include quotation lifecycle management, supplier management, spend analysis, batch processing and an automated reminder module. QLM Sourcing can either be deployed on-premise or hosted in the cloud. 

QLM Sourcing's RFx workflow management module allows users to issue RFxs electronically to their suppliers, manage the audit histories and track changes. The solution also enables users to send bid receipts to buyers and suppliers and compare the responses in real time.

The solution is also SOX compliant and helps users track communications with suppliers. Integration is supported with multiple enterprise resource planning (ERP) systems such as SAP, Oracle, NetSuite and Infor.

Services are offered on a monthly subscription basis that includes support via phone and email.

 

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

14 Reviews of QLM Sourcing

 

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Software Advice Reviews (11)
More Reviews (3)

Showing 1-11 of 11

Brandon from Field Fastener
Specialty: Industrial Machinery & Equipment

September 2016

September 2016

Transiton was smooth and Qstrat was responsive to alll our needs

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

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.

 
 

Kevin from Akebono Brake Corporation
Specialty: Automotive

September 2014

September 2014

Easy to use

Ease-of-use

Functionality

Product Quality

Customer Support

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.

 
 

Leann from Akebono Brake Corporation
Specialty: Automotive

September 2014

September 2014

QStrat QLM overview

Ease-of-use

Functionality

Product Quality

Customer Support

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.

 
 

Kayla from Akebono
Specialty: Automotive

September 2014

September 2014

QLM Overview

Ease-of-use

Functionality

Product Quality

Customer Support

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.

 
 

Bernadette from Akebono Brake Corp
Specialty: Automotive

September 2014

September 2014

Purchasing buyer review

Ease-of-use

Functionality

Product Quality

Customer Support

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.

 
 

Jeff from Akebono
Specialty: Automotive

August 2014

August 2014

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

Ease-of-use

Functionality

Product Quality

Customer Support

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.

 
 

Eric from Akebono Brake Corporation
Specialty: Automotive

August 2014

August 2014

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

Ease-of-use

Functionality

Product Quality

Customer Support

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.

 
 

Rob from Akebono Corporation
Specialty: Automotive

August 2014

August 2014

I have been using QLM Sourcing for about three years

Ease-of-use

Functionality

Product Quality

Customer Support

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.

 
 

Snow from Akebono
Specialty: Automotive

August 2014

August 2014

Excellent Product for Tracking Quotations

Ease-of-use

Functionality

Product Quality

Customer Support

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.

 
 

Robert from Akebono Brake
Specialty: Automotive

July 2014

July 2014

Reasonable cost, but limited functionality

Ease-of-use

Functionality

Product Quality

Customer Support

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.

 
 

Brian from ABC Group Inc.
Specialty: Automotive

July 2014

July 2014

QStrat is a great Request for Quote system.

Ease-of-use

Functionality

Product Quality

Customer Support

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?

 
 
 
Showing 1-3 of 3

Don from Linamar
Number of employees: 10,000+ employees Employees number: 10,000+ employees

February 2018

February 2018

Decent for the basics, would like to see more.

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
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

Review Source: Capterra
 


February 2018

February 2018

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

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support

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.

Review Source: Capterra
 

John from Vuteq CANADA

October 2017

October 2017

QLM Sourcing Review

Ease-of-use

Functionality

Product Quality

Customer Support

Value for Money

Ease-of-use
Usability
Functionality
Functionality
Product Quality
Quality
Value for Money
Value
Support
Pros

Cost effective easy to use solution. Would like to see more reporting and functionality. Easy to use and follow. Cost effective compared to competitors.

Cons

Not very flexible. Reporting metrics are not present. .

Review Source: Capterra