Sourcing & Supplier Management

01.
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.
02.
Take a data-driven approach to sourcing by systematizing domain knowledge and reducing reliance on just a few key individuals.
03.
Drive more cost savings with additional analysis time resulting from process efficiency gains.
04.
Build a database of sourcing events that drives further efficiency gains and supplier improvement opportunities through analysis of results over time.

Three key elements of QSTRAT’s Sourcing and Supplier management

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
Leverage system functions for additional efforts such as Supplier surveys and self-assessments, as well as on-boarding of newly identified sources

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.

Compare QSTRAT Sourcing
to a portal solution

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