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Supplier Management for Sourcing

Extending Supplier Profiles for Improved Sourcing Activity Although creating a functional supplier profile might seem to be supplier management “101”, many organizations still manage information with a combination of spreadsheets and/or disconnected vendor/supplier address-master databases in ERP or other systems, that together lack the ability to create supplier capability or spend category identifiers that go [...]
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Improving Sourcing for Manufacturers With eSourcing Technology

Utilizing eSourcing Technology to Improve Sourcing for Manufacturers Sourcing is an essential step for every manufacturer. By using eSourcing technology, they can achieve higher cost savings, faster process cycle times, greater business transparency, and better control over their sourcing operations. However, some manufacturing companies do not understand what the technology can do, which can lead [...]
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Improving Vendor Management for Manufacturers With QStrat Solutions

Using Software to Improve Vendor Management In the manufacturing sector, maintaining and managing your relationships with your vendors is essential to ensuring your company can obtain the products and services you need for your business operations. Manufacturers generally have relationships with dozens to hundreds of vendors, each of which has a different point of contact, [...]
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What is the Best Quoting Software for Manufacturers?

What is the Best Quoting Software for Manufacturers?

Here at QSTRAT, we've learned over time what application features are important to our manufacturing customers in making their customer quoting process more efficient. Leveraging a state-of-the-art quoting platform can increase productivity and response quality by streamlining and automating the quoting process. When used as part of a larger system topology including CRM, PLM, ERP, [...]
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Which Software Solutions Improve Supply Chain Management?

Which Software Solutions Improve Supply Chain Management?

In the manufacturing and distribution sectors, industry professionals face continuous pressure to optimize operations—including tightening timelines and streamlining processes—in an effort to further increase company profits. Employing the right software can help overcome these challenges by facilitating the completion of various supply chain processes. Software suppliers like QSTRAT provide manufacturing and distribution customers with industry-leading [...]
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When It Comes to The Distributor Quoting Process Winning Is Not Just Everything, It’s the Only Thing!

When It Comes to The Distributor Quoting Process Winning Is Not Just Everything, It’s the Only Thing!

On October 24th, 2019, during the MDM Webcast, John Gunderson, said that an “improved quotation program will build a sustainable model that can take cost out of the quotations process.” That’s true. But “removing the cost” isn’t enough. Winning business is what it is all about. “Winning isn’t everything; it’s the only thing!” – Vince [...]
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“Extending Intelligence”: Does Your Technology Really Facilitate The “Sharing” Of Supplier Experience And Knowledge In A Systematic Way?

“Extending Intelligence”: Does Your Technology Really Facilitate The “Sharing” Of Supplier Experience And Knowledge In A Systematic Way?

By: John Dickey  QSTRAT based in Ann Arbor MI. In his recent post on how data silos undermine the effectiveness of the distributor quoting process, Jon Hansen talked about the importance of buyers sharing their “experience, knowledge, and information” to ensure that they “deliver maximum value to ALL stakeholders.” After reading the article, the one [...]
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How data silos undermine the distributor quoting process and why it needs to be fixed!

How data silos undermine the distributor quoting process and why it needs to be fixed!

“A sourcing or tender process is used to select the best product or service for a certain category of expenditure. Unfortunately, lots of these processes are not run well, resulting in loss of large savings opportunities, delivery of poor-quality products, or less favorable terms. – Sourcing Process, Procurement Academy I remember the days of the [...]
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