QStrat, Inc. Announces New Automotive Sourcing Software

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QStrat, Inc. announces new automotive sourcing software; suppliers preview QLM sourcing at automotive seminar.

QStrat, Inc., a leading provider of costing, quoting, and sourcing solutions for the automotive industry, recently introduced its newest software product. QLM Sourcing is a revolutionary technology designed to improve supplier communications while streamlining internal business procedures. Barry Olson, QStrat president made the official announcement on June 29th when the new software was unveiled at an automotive restructuring seminar held in Troy, Mich.

Over 75 automotive executives participated in the 2 hour luncheon seminar, where Canadian automotive industry analyst Dennis DesRosiers provided a unique view of the global auto industry market. Those interested in obtaining notes from the discussion, may email QStrat at inquiries@qstrat.com

QLM Sourcing simplifies the exchange of request for quote (RFQ) information with downstream suppliers or internally between plants or divisions. The easy to use application enables client specific forms to be completed in a secure environment, where the recipient needs only a computer with a web connection and a free Adobe Reader® license. Once submitted, the form data is captured and presented, enabling detailed comparison of responses. QStrat customers benefit from dramatically improved speed and accuracy.

“QLM Sourcing is the realization of our Quotation Lifecycle Management suite,” stated Olson. “We are extremely pleased with the positive response from our early adopter clients. From our research, we know customers want a tool to help them streamline procedures and leverage data to improve profitability in the face of changing commodity prices and global sourcing opportunities. The entire enterprise can exchange standardized and professional communications easily with QLM Sourcing. Suppliers like the technology because it is secure with no software to purchase. Best of all, no training is required as users simply complete the form and click the ‘submit’ button.”

QLM Sourcing is available now through a special early adopter program in place through September, 2006. For information about QStrat’s new QLM Sourcing software, call 1-866-762-3090 ext 227 or visit http://www.qstrat.com.

About QStrat, Inc.

QStrat is a leading provider of innovative costing and RFQ management software and services expertise for the automotive supply chain. With thousands of users in hundreds of facilities in over 20 countries, QStrat is the leader in providing end-to-end quotation lifecycle management solutions. The QLM Suite of solutions includes QLM Costing, QLM Sales, QLM View, and QLM Sourcing. Please visit http://www.qstrat.com for more information.

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Peggy Fenwick
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