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.

Pricing

Price Overview:
User level based subscription model.
Free Trial Offered?:
Yes

Integrations

Offers API?:
Yes, QLM Sourcing provides an API

Screenshots and Video

Company Facts

Company Name:
QSTRAT
Date Founded:
2005
Company Location:
United States
Company Website:
www.qstrat.com
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Product Details

Deployment
SaaS
Windows
Mac
Training Options
Documentation Hub
Online Training
Webinars
On-Site Training
Support
Standard Support
Web-Based Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

QLM Sourcing Categories and Features

Supply Chain Management Software

Demand Planning
Electronic Data Interchange
Import / Export Management
Inventory Management
Order Fulfillment
Order Management
Sales & Operations Planning
Shipping Management
Supplier Management
Transportation Management
Warehouse Management

Sourcing Software

Auction Management
Budget Management
Collaboration
Global Sourcing Management
Rfx Management
Spend Management
Supplier Management
Supplier Qualification
Supplier Risk Management
Supplier Web Portal
Template Management

Procurement Software

Asset Management
Auction Management
Bid Management
Budget Management
Catalog Management
Contract Management
Inventory Management
Invoice Processing
PunchOut
Purchase Order Management
Receiving
Requisitions & Approvals
Sourcing Management
Spend Management
Supplier Management

More QLM Sourcing Categories

QLM Sourcing Customer Reviews

Write a Review
  • Reviewer Name: A Verified Reviewer
    Position: President
    Has used product for: 1-2 Years
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Excellent tech, high ROI

    Date: Mar 22 2021
    Summary

    QLM 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!

    Positive

    This software has an abundance of features, was a breeze for us to implement, and we have realized a high internal ROI.

    Negative

    UI is perfectly functional but in some areas could use an update.

    Read More...
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