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.

Batch import dashboard
Batch import dashboard
Batch import dashboard
Compare RFQ responses cost
Compare RFQ responses cost
Custom supplier communications
Custom supplier communications
Fillable RFQ template
Fillable RFQ template
RFQ responses, multiple parts
RFQ responses, multiple parts
Supplier management
Supplier management

Supported Operating System(s):

Mac OS, Web browser (OS agnostic), Windows 8



14 Reviews of QLM Sourcing

Overall rating

4.0 / 5 stars

Write a review

Showing 1 - 14 of 14 reviews

Start your review of QLM Sourcing

Write a review

Don from Linamar

Number of employees:  10,000+ employees

Ease-of-use

Value for money

Customer support

Functionality

February 2018

Decent for the basics, would like to see more.

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

LinkedIn icon
Verified Reviewer

Number of employees:  51-200 employees

Ease-of-use

Value for money

Customer support

Functionality

February 2018

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

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.

John from Vuteq CANADA

Ease-of-use

Value for money

Customer support

Functionality

October 2017

QLM Sourcing Review

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. .

Brandon from Field Fastener

Specialty:  Industrial Machinery & Equipment

Ease-of-use

Value for money

Customer support

Functionality

September 2016

Transiton was smooth and Qstrat was responsive to alll our needs

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

Ease-of-use

Customer support

Functionality

September 2014

Easy to use

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

Ease-of-use

Customer support

Functionality

September 2014

QStrat QLM overview

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

Ease-of-use

Customer support

Functionality

September 2014

QLM Overview

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

Ease-of-use

Customer support

Functionality

September 2014

Purchasing buyer review

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

Ease-of-use

Customer support

Functionality

August 2014

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

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

Ease-of-use

Customer support

Functionality

August 2014

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

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

Ease-of-use

Customer support

Functionality

August 2014

I have been using QLM Sourcing for about three years

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

Ease-of-use

Customer support

Functionality

August 2014

Excellent Product for Tracking Quotations

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

Ease-of-use

Customer support

Functionality

July 2014

Reasonable cost, but limited functionality

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

Ease-of-use

Customer support

Functionality

July 2014

QStrat is a great Request for Quote system.

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.


Displaying 1 - 14 of 14 reviews