Blog

Read our latest insights and tips here!

Blog, Costing, Quoting Software, Sourcing, Supply Chain Management

The Backbone of Cost Estimation: The Crucial Role of Effective Sourcing in Manufacturing

Introduction: In the often challenging landscape of manufacturing, cost estimation serves as the compass guiding businesses through the turbulent waters of profitability. However, beneath the surface of this crucial process […]

Blog, Sourcing, Supply Chain Management

Building Sustainable and Ethical Supply Chains: A Responsibility for Companies

In today’s interconnected global economy, companies are increasingly recognizing the importance of ensuring that their supply chains operate in a sustainable and ethical manner. With growing concerns about environmental degradation, […]

Blog, Sourcing, Supply Chain Management

Revolutionizing Supplier Management: Your Path to Efficiency

In the intricate world of modern business, supplier management stands as a critical factor in ensuring operational efficiency and profitability. However, as businesses expand and globalize, the complexity of managing […]

Sourcing, Supply Chain Management

Navigating Red Sea Conflict: Impact on Shipping Costs

The Red Sea’s strategic importance in global trade is undeniable, but recent conflicts have raised concerns. This post explores how the Red Sea conflict affects shipping costs and global trade. […]

man's hands using a laptop with superimposed images like cogs and charts showing how data from QSTRAT's quoting software can help businesses
Blog, Quoting Software, Sourcing, Supply Chain Management

Unleashing the Power of Sourcing Technologies: A Strategic Investment for Business Success

In today’s dynamic business landscape, companies are increasingly recognizing the transformative potential of sourcing technologies. As organizations strive to stay competitive and adapt to evolving market demands, the adoption of […]

Landed Cost
Blog, Sourcing, Supply Chain Management

Are you Relying on Guesswork to Calculate Landed Costs?

Distributors are in a jam. We all want to assess sources of supply from all around the globe. But how do we compare an off-shore with an on-shore supplier? Or […]

Image showing a man selecting a point from a virtual grid as an example of e-sourcing
Blog, Sourcing, Supply Chain Management

Maximizing Savings Through Strategic Sourcing: A Game-Changer for Your Company’s Bottom Line

Introduction: In the dynamic landscape of business, cost efficiency is paramount for sustaining growth and profitability. One powerful tool that businesses can leverage to achieve substantial savings is strategic sourcing. […]

man's hands using a laptop with superimposed images like cogs and charts showing how data from QSTRAT's quoting software can help businesses
Blog, Sourcing, Supply Chain Management

The Crucial Role of a Strategic Sourcing System in Business Success

In today’s fast-paced and competitive business environment, strategic sourcing has become a critical function for organizations looking to optimize their procurement processes, reduce costs, and gain a competitive edge. To […]

Blog, Sourcing, Supply Chain Management

Why do I need another system for Sourcing, why don’t I just use my ERP?

Why not ERP? Many companies look to their ERP system and the procurement tools it provides to identify supplier sources for materials and services required in the cost estimation process. […]

(ESG) Management Program, Sustainability, Supply Chain
Blog, Quoting Software, Sourcing, Supply Chain Management

How your organization benefits from implementing a Supplier Environmental, Social, and Governance (ESG) Management Program   

Sustainability continues its upward trend as an operating and social conscience metric for companies of all kinds. Customers in all markets consider it strongly when deciding on the source of […]