Who Uses This Software?

We serve Sales, Supply Chain and Procurement Professionals who work for manufacturers and distributors in the Automotive, Industrial, Medical Devices, Pharmaceutical, and High Tech industries.


Average Ratings

12 Reviews
  • 4 / 5
    Overall
  • 4 / 5
    Ease of Use
  • 4 / 5
    Customer Service

Product Details

  • Free Trial
  • Deployment
    Cloud, SaaS, Web
    Installed - Windows
  • Training
    Documentation
    Webinars
    Live Online
    In Person
  • Support
    Online
    Business Hours

Vendor Details

  • QStrat
  • www.qstrat.com
  • Founded 2005
  • Canada

About QLM Sourcing

We streamline the Global Sourcing and Sales Quoting process for Manufacturers and Distributors. Our software for Global Sourcing, Product Costing and Sales Quoting generate a 50% productivity improvement . Unlike quotation modules of ERP systems, we have assembled a suite of products that captures all of your financial cost assumptions in a single source so that you pinpoint key information from historical quotes and easily issue RFxs. Accelerate your Quoting and Sourcing process with QSTRAT!


QLM Sourcing Features

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

QLM Sourcing Reviews Recently Reviewed!

QLM Sourcing Review

Oct 19, 2017
3/5
Overall
4 / 5
Ease of Use
2 / 5
Features & Functionality
4 / 5
Customer Support
4 / 5
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. .

Transiton was smooth and Qstrat was responsive to alll our needs

Sep 26, 2016
5/5
Overall
4 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
5 / 5
Value for Money
Likelihood to Recommend: 9.0/10 Not
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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.

Recommendations to other buyers: Do not be afraid to challenge Qstrat to make the program fit your needs. The modification costs were reasonable and timelines were surprisingly short.

Easy to use

Sep 05, 2014
4/5
Overall
4 / 5
Ease of Use
3.5 / 5
Features & Functionality
3.5 / 5
Customer Support
Likelihood to Recommend: 7.0/10 Not
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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.

Recommendations to other buyers: Use the copy function. It's great for multiple similar RFQs.

QStrat QLM overview

Sep 04, 2014
4/5
Overall
3 / 5
Ease of Use
4 / 5
Features & Functionality
4.5 / 5
Customer Support
Likelihood to Recommend: 8.0/10 Not
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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.

Recommendations to other buyers: Try out the software, and see if it meets your company's needs.

QLM Overview

Sep 04, 2014
3/5
Overall
3 / 5
Ease of Use
2.5 / 5
Features & Functionality
3 / 5
Customer Support
Likelihood to Recommend: 7.0/10 Not
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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.

Recommendations to other buyers: 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.

Purchasing buyer review

Sep 02, 2014
3/5
Overall
3.5 / 5
Ease of Use
3 / 5
Features & Functionality
3 / 5
Customer Support
Likelihood to Recommend: 6.0/10 Not
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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.

Recommendations to other buyers: It would be better to be able to run more reports in the system.

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

Aug 22, 2014
5/5
Overall
5 / 5
Ease of Use
5 / 5
Features & Functionality
5 / 5
Customer Support
Likelihood to Recommend: 9.0/10 Not
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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.

Recommendations to other buyers: 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.

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

Aug 21, 2014
5/5
Overall
4.5 / 5
Ease of Use
4.5 / 5
Features & Functionality
3.5 / 5
Customer Support
Likelihood to Recommend: 8.0/10 Not
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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.

Recommendations to other buyers: 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.

I have been using QLM Sourcing for about three years

Aug 21, 2014
4/5
Overall
3 / 5
Ease of Use
3 / 5
Features & Functionality
4 / 5
Customer Support
Likelihood to Recommend: 6.0/10 Not
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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.

Recommendations to other buyers: Make sure it covers all your areas. I think it needs to have more reporting options that are friendly to use.

Excellent Product for Tracking Quotations

Aug 21, 2014
5/5
Overall
4.5 / 5
Ease of Use
4.5 / 5
Features & Functionality
4 / 5
Customer Support
Likelihood to Recommend: 9.0/10 Not
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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.

Recommendations to other buyers: 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.

Reasonable cost, but limited functionality

Jul 11, 2014
4/5
Overall
4.5 / 5
Ease of Use
2 / 5
Features & Functionality
5 / 5
Customer Support
Likelihood to Recommend: 4.0/10 Not
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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.

Recommendations to other buyers: Understand what you need for a sourcing application. QLM works well for its scope, though this scope may be limited.

QStrat is a great Request for Quote system.

Jul 10, 2014
5/5
Overall
3.5 / 5
Ease of Use
4.5 / 5
Features & Functionality
5 / 5
Customer Support
Likelihood to Recommend: 8.0/10 Not
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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.

Recommendations to other buyers: Look to see if attachments from suppliers, customizable forms, and standard automotive forms are available?