QLM Sourcing Description
QLM Sourcing is a cloud-based strategic sourcing and supplier management system that streamlines processes for users to increase efficiency, throughput and quality of output. This helps to drive higher profitability. QLM Sourcing has many features, including customer management and quote, collaborative supplier eRFQ events management, business award, purchase order, spend analysis and more. QLM Sourcing allows each user to create custom eRFQ templates according to their product/service type. An automated notification function reminds suppliers about a due date to increase response rates, and compliance.
Configurable document management, segmentation and supplier self-service are all available to help you manage your supply base efficiently. You can add new suppliers in seconds without any cost to suppliers and without the overhead of a high maintenance supplier portal.
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QLM Sourcing Features and Options
Sourcing Software
Procurement Software
Supply Chain Management Software
QLM Sourcing Lists
QLM Sourcing User Reviews
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Likelihood to Recommend to Others1 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.
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