Global Sourcing,Quoting & Costing Software Blog

Top 10 Quoting Software Features for Manufacturers

Top 10 Quoting Software for Manufacturers × Click to Enlarge Industry-leading quoting software speeds up your sales cycle, increases your win rate and gross margins. More and more, customers are demanding: Faster response time on requests for quote Quote responses that meet their specific requirements and formats Included visibility of product costs and margins Ability [...]
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An Introduction to Sourcing Software

× Click to Enlarge Sourcing is a key step in the manufacturing process as it ensures the company has the materials needed to make the desired parts and products. While manufacturers can do their sourcing manually by mail or phone, it is far more efficient to use sourcing software designed specifically for the task. Below, […]

Get Your Supplier Onboarding Out of Excel and Into the Cloud!

Spreadsheets are inexpensive to implement, very easy to use, and flexible. But although these are great strengths, at the same time, they are also great weaknesses. You can’t run a business on a series of spreadsheets. My common joke is as follows; “Spreadsheets, the cause of and solution to all business problems.” Here are a […]

Supplier Management for Sourcing

× Click to Enlarge 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 [...]
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Improving Sourcing for Manufacturers With eSourcing Technology

Utilizing eSourcing Technology to Improve Sourcing for Manufacturers × Click to Enlarge 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 [...]
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Improving Vendor Management for Manufacturers With QStrat Solutions

Using Software to Improve Vendor Management × Click to Enlarge 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 [...]
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A Guide to the Request for Quotation (RFQ) Process

A request for quote (RFQ) is a formal business process that an organization uses to elicit a price quote from a prospective supplier. It allows the potential buyer to receive cost estimates from one or more businesses for specific products or services, enabling them to make a more informed purchasing decision. These are often available [...]
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27 April 2020
in: Quoting Software,Supply Chain Management
note: no comments

What is the Best Quoting Software for Manufacturers?

× Click to Enlarge 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 [...]
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11 February 2020
in: Uncategorized
Tags: distributor quoting software, sales quoting, supplier management software, supply chain management
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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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27 November 2019
in: Blog,Sales,Sourcing
Tags: blog, distributor, quoting, sales, Sourcing
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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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