What is QLM Sourcing?
QLM Sourcing is an innovative cloud-enabled platform designed for strategic sourcing and supplier management, aimed at enhancing operational efficiency, productivity, and output quality for its users, ultimately leading to improved profitability. The system boasts a variety of features including customer relationship management, collaborative supplier eRFQ event coordination, business award tracking, purchase order management, and comprehensive spend analysis, among others. Users can customize eRFQ templates tailored to their specific product or service needs, ensuring that the sourcing process aligns closely with their requirements. To boost supplier engagement, an automated reminder feature alerts suppliers about approaching deadlines, thereby improving response rates and ensuring compliance with timelines. Additionally, the platform offers configurable document management, supplier segmentation, and a self-service portal, all designed to facilitate effective supply base management. New suppliers can be effortlessly added in mere seconds, all without incurring costs or the burden of maintaining an extensive supplier portal, which simplifies the onboarding process significantly. This comprehensive functionality empowers organizations to optimize their procurement strategies and foster stronger supplier relationships.
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QLM Sourcing Categories and Features
Supply Chain Management Software
Sourcing Software
Procurement Software
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QLM Sourcing Customer Reviews
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Would you Recommend to Others?1 2 3 4 5 6 7 8 9 10
Excellent tech, high ROI
Date: Mar 22 2021SummaryQLM Sourcing dramatically improved my company's supplier management processes. We moved from an entirely spreadsheet-based system with a lot of ad hoc activity and very little shared visibility (and few opportunities to develop meaningful KPI's) to being able to standardize our processes and measure our spend across all our purchasing activity. Everyone, from the CFO to our purchasing staff, bought into the implementation (which was tough but brought forward very professionally by QStrat) and we believe the ROI to the investment will continue to be significant. Can't recommend the software or the provider highly enough!
PositiveThis software has an abundance of features, was a breeze for us to implement, and we have realized a high internal ROI.
NegativeUI is perfectly functional but in some areas could use an update.
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