Manage your Categories and Suppliers to achieve more timely, accurate and cost-competitive bids.
Our customers have been turning to QSTRAT for almost 20 years to improve overall program success. QSTRAT has a global install base that together is processing 1000s of RFQs each day to accelerate RFQ processing, increase win rates, and improve gross margins.
Streamline both your tactical and strategic sourcing efforts in one comprehensive application.
Configure the system templates to meet your business needs in an easy implementation process
Use built in functionality to gather and validate all the data required to approve new suppliers prior to entry into your ERP.
Eliminate non-value add activity related to the sourcing process, no more manually tracking responses and following up one by one
Take a data-driven approach to sourcing by systematizing domain knowledge and reducing reliance on just a few key individuals.
Drive more cost savings with additional analysis time resulting from process efficiency gains.
Build a database of sourcing events that drives further efficiency gains and supplier improvement opportunities through analysis of results over time.
Experience processing 1000s of RFQs each day.
Load sourcing event information from QLM Costing, a spreadsheet, a prior event or enter manually as required, add supporting documents, drawings, spec files, etc.
Assign vendors to e-RFQ based on category of element being sourced or allow the system to do the selection for your validation before issuing.
Two-Way Communication with vendors through system generated emails including supporting documents.
Attachments and fully-validated Supplier Submissions with no Portal or manual data-entry required
Immediate access to supplier responses and state of the art Decision Support tools for comparison and award