Eliminate non-value add activity related to the sourcing process, no more manually tracking responses and following up one by one – allows the sourcing team to focus on developing suppliers, researching new sources and identifying cost-save opportunities.
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.
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. Multi-nationals like Linamar, Sylvania, Zeiss, Kasai, and Leggett & Platt rely on QSTRAT to accelerate RFQ processing, increase win rates, and improve gross margins.
|Feature/Function||QSTRAT Sourcing||Portal Solution|
|Issue RFx’s as eForms directly to suppliers|
|Buyer and supplier receive instant receipt of bids|
|Compare all bid responses in real time|
|Zero training for suppliers|
|Zero software cost to suppliers|
|Suppliers view and respond to RFx eForms with nothing more than a Free Adobe PDF Reader|
|View 3D technical/engineering drawings with nothing more than a Free Adobe PDF Reader|
|Speed: leverage data to find, copy, edit & re-use similar RFx’s|
|Change Management: Vault and track all changes from one location|
|SOX Compliance: complete audit trail including time, date and name stamp for every communication|
|Complete and accurate supplier responses every time|
|More time to focus on meeting cost reduction targets|
|Re-certify suppliers globally with only a few keystrokes|
|Automatically track all communications with suppliers in one location|
|Leverage RSS technology with QSTRAT Quote-Cast to make real time updates a reality|
|Integrate with a suite of products managing Sales RFx’s, Costing and 3D image viewing|
|Industry standard architecture to enable ERP/MRP integration|
|Complete supplier management capability built-in|
Deployments are tailored to your organizational needs.
QSTRAT offers on-demand, on-premise or hybrid deployment optionsLet's Talk
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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