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Scorecard Dimension: Costs/Pricing

The document outlines key metrics for evaluating vendor performance across various dimensions including costs/pricing, payment terms, product pricing, supply chain, quality, and product development. It provides explanations for each metric, assigns weights to indicate relative importance, and establishes performance thresholds for scoring vendors on a scale of A to F. The overall goal is to score and rank vendors based on their ability to meet requirements across these critical areas.

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yzarvelasco
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72 views6 pages

Scorecard Dimension: Costs/Pricing

The document outlines key metrics for evaluating vendor performance across various dimensions including costs/pricing, payment terms, product pricing, supply chain, quality, and product development. It provides explanations for each metric, assigns weights to indicate relative importance, and establishes performance thresholds for scoring vendors on a scale of A to F. The overall goal is to score and rank vendors based on their ability to meet requirements across these critical areas.

Uploaded by

yzarvelasco
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

Scorecard Dimension

Costs/Pricing

Payment Terms

Product Pricing

Costs/Pricing Metric 3

Manufacturing Supply Agreement

Supply Chain and Production

Weighted Average Lead Time

Email Response Time - Purchasing

Communication Quality - Purchasing

Flexibility

Late Orders

MOQs
Quality

QC Issues

Quality Metric 2

Quality Metric 3

Quality Metric 4

Product Development

PD Metric 1

PD Metric 2

PD Metric 3

PD Metric 4

Total
A B
Explanation Weight 100% 75%

30%

Ranks Vendor according to Payment Terms 10%

Total Quantity of Items Purchased in Quarter >2.5% Less Than Average +/-
Compared with Price Quotes from All Capable Vendors 15% Average 2.5%

Cost/Pricing Metric Explanation 3 1%

Has the Vendor Signed and Abided by the MSA? 4% Yes

30%

The duration of time from when an order is acknowledged


by the vendor to when it is accepted by the freight 15%
forwarder. Weighted by Units Shipped.

Average time taken to respond to emails with


purchasing (buyer or assistant buyer) 3%

Quality of communication, especially emails, with Clear, easily understandable

purchasing 3% responses that address every


question with suggested solutions

Most special requests and


The flexibility of the vendor to accommodate business
requests to the best of their ability 3% changes are handled without
problem. All requests to delay
orders are honored.

Number of POs that were shipped after agreed upon


ship date without approval 3% 0

The minimum quantity we can place an order for


without any further commitment to buy 3%
20%

Definition of QC Issues Metric 5%

Definition of Quality Metric 2 5%

Definition of Quality Metric 3 7%

Definition of Quality Metric 4 3%

20%

PD Explanation 1 6%

PD Explanation 2 4%

PD Explanation 3 4%

PD Explanation 4 6%

100%
C D F Example
50% 25% 0% Vendor Score

24%

>2.5% More >5% More Than >10% More Than


than Average Average Average B

No A

23%

Responses that are sometimes Responses are very difficult to


challenging to understand, do not
answer all issues, and with no
suggested solutions
understand and/or require
translation or additional help;
issues are ignored
B

Special request are very difficult Special requests and changes are
to work through and changes are
resisted
not accepted or extremely hard to
complete B

1+ A

B
13%

15%

74%

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