QLM Sourcing software


14 reviews(4.0/5)
14 reviews(4.0/5)

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.

Supported Operating System(s):
Mac OS , Web browser (OS agnostic) , Windows 8

14 Reviews of QLM Sourcing

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  • Don from Linamar

    Number of employees: 10,000+ employees

    February 2018

    Decent for the basics, would like to see more.

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    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

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra
  • Verified Reviewer

    Number of employees: 51-200 employees

    February 2018

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

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    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.

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra
  • John from Vuteq CANADA

    October 2017

    QLM Sourcing Review

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    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. .

    This reviewer was invited by us to submit an honest review and offered a nominal incentive as a thank you.
    Review Source: Capterra
  • Brandon from Field Fastener

    Specialty: Industrial Machinery & Equipment

    September 2016

    Transiton was smooth and Qstrat was responsive to alll our needs

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

    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.

    Cons

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

  • Kevin from Akebono Brake Corporation

    Specialty: Automotive

    September 2014

    Easy to use

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

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

    Cons

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

  • Leann from Akebono Brake Corporation

    Specialty: Automotive

    September 2014

    QStrat QLM overview

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

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

    Cons

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

  • Kayla from Akebono

    Specialty: Automotive

    September 2014

    QLM Overview

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

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

    Cons

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

  • Bernadette from Akebono Brake Corp

    Specialty: Automotive

    September 2014

    Purchasing buyer review

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

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

    Cons

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

  • Jeff from Akebono

    Specialty: Automotive

    August 2014

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

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

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

    Cons

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

  • Eric from Akebono Brake Corporation

    Specialty: Automotive

    August 2014

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

    Ease-of-use
    Functionality
    Quality
    Support
    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.

  • Rob from Akebono Corporation

    Specialty: Automotive

    August 2014

    I have been using QLM Sourcing for about three years

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    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.

    Cons

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

  • Snow from Akebono

    Specialty: Automotive

    August 2014

    Excellent Product for Tracking Quotations

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    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.

    Cons

    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.

  • Robert from Akebono Brake

    Specialty: Automotive

    July 2014

    Reasonable cost, but limited functionality

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

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

    Cons

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

  • Brian from ABC Group Inc.

    Specialty: Automotive

    July 2014

    QStrat is a great Request for Quote system.

    Ease-of-use
    Functionality
    Quality
    Support
    Pros

    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.

    Cons

    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.

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