Sourcing Software To Make The Right Decision, Every Time

While most procurement teams are performing effectively, enhancing performance requires the right technology to automate sourcing processes. Unlock sourcing value by minimizing risk and reducing costs with capabilities designed to support complex sourcing needs.

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Cut Sourcing Costs and Boost Efficiency: Real Cases and Best Practices with QAD SRM

Key Benefits of QAD’s Sourcing

Drive Profitability

Improve supplier discovery and selection to achieve sustainable cost savings.

Boost Efficiency

Accelerate sourcing cycle times and reduce manual efforts.

Strengthen Supplier Relationships

Collaborate effectively with stakeholders and suppliers throughout the sourcing process.

Key Capabilities to Maximize Profitability, Simplify Sourcing

RFQ management
Makes it easy to manage the electronic RFQ process with suppliers, from recording requirements to the RFI, RFQ, contracts and finally, the order.
Supplier discovery and selection
Identify and qualify suppliers, negotiate best-value agreements, standardize processes and manage sourcing knowledge.
Collaboration
Easily gather key stakeholder requirements, collect supplier information and flexibly collaborate with suppliers.

Supplier performance
Quickly implement agreements, track cost savings and monitor supplier performance.
Automation
Streamlines critical direct spend and strategic indirect tasks across the sourcing lifecycle
Data management
Manages information from stakeholders and suppliers, measures transactional and contractual activity and incorporates third-party data.
CASE STUDY

Material handling equipment manufacturer KION achieved a 90% reduction in RFQ creation time and 32% cost savings with QAD SRM.

ALL customer stories

Featured Resources

Blog

Successful Strategic Sourcing Engagement? What’s Next?

Summary: Sourcing success also involves long-term supplier relationships and risk management to boost procurement impact.

Blog

Four Key Strategic Sourcing Benefits

Better understand the positive results your business can achieve with a modern approach to your sourcing efforts.

Blog

Automating Procurement and Supplier Relations to Alleviate ESG Concerns

Boosting digital activities with suppliers cuts risk — while ensuring ethical, resilient supply chains.

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Questions? Connect with QAD to discuss your supplier management needs and goals.

Frequently Asked Questions

How does strategic sourcing best work?

Strategic sourcing works best when it’s approached as a proactive, data-driven process that brings different teams together—and focuses on long-term value, not just quick cost cuts. The right sourcing software helps by simplifying things like RFx events, supplier collaboration, evaluations and supplier selection.

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To learn more, check out our blog.

What are the common challenges and issues associated with sourcing?

Sourcing teams deal with plenty of challenges—like handling unpredictable supply chain disruptions, keeping suppliers reliable, and managing rising costs in a volatile market. On top of that, your team often faces scattered data, outdated tools, and the pressure to stay compliant with ethical and regulatory standards. Overcoming all of this isn’t easy—it takes strong supplier relationships, solid risk management, and smart use of technology.

Can suppliers collaborate directly during a sourcing event?

Yes, QAD Sourcing provides suppliers the ability to collaborate for timely access and sharing of needed information. This is supported with a secure space for real-time communication, data sharing and streamlined interactions between your business and suppliers—helping to boost efficiency and strengthen supply chain collaboration.

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