Analyzing Your Yearly Order Data with the OrientDig Spreadsheet
For long-term users of OrientDig's sourcing services, understanding your order history is crucial for strategic planning and process optimization. The OrientDig Spreadsheet provides a comprehensive toolkit to analyze your yearly performance across key metrics. This guide will walk you through analyzing your total spending, average delivery time, and QC success rates
1. Reviewing Your Total Annual Spending
The Spending Summary section of the spreadsheet aggregates all your order-related costs throughout the year.
- Access the Data:
- What to Look For:
- Identify your highest spending months or quarters.
- Categorize spending by product type or supplier.
- Strategic Insight:
- What to Look For:
2. Calculating the Average Delivery Time
Lead time is a critical factor in inventory management and customer satisfaction. The spreadsheet tracks this from order confirmation to final delivery.
- Access the Data:=Date Delivered - Date Ordered) if not already calculated.
- What to Look For:
- Calculate the average
- Note any significant deviations or delays associated with specific suppliers, shipping methods, or seasons.
- Calculate the average
- Strategic Insight:
3. Assessing Quality Control (QC) Success Rates
The QC Pass/Fail data is a direct indicator of product and supplier quality.
- Access the Data:
- What to Look For:
- Calculate the overall QC pass rate:
(Number of Passed Orders / Total Number of Inspected Orders) * 100. - Break down the failure rates by supplier or product category to identify weak spots.
- Strategic Insight:
- What to Look For:
Bringing It All Together for a Better Strategy
Cross-referencing these three data points allows for powerful, data-driven decision-making.
| Data Point | Strategic Question | Potential Action |
|---|---|---|
| High Spending + Low QC Rate | Are my most expensive suppliers delivering poor quality? | Renegotiate with the supplier or diversify your supplier base for that category. |
| Long Delivery Time + High QC Rate | Is the superior quality worth the extended wait? | Plan inventory and marketing campaigns further in advance to account for the longer lead time. |
| Low Spending + Short Delivery + Low QC Rate | Am I sacrificing quality for low cost and speed? | Re-evaluate your target market and consider if a moderate price increase could fund better quality control. |
By regularly analyzing your yearly order data with the OrientDig Spreadsheet, you transform raw data into a strategic asset. This proactive review empowers you to refine your sourcing strategy, strengthen supplier relationships, enhance product quality, and ultimately, grow a more resilient and profitable business.
For questions about accessing or interpreting your data, please contact your OrientDig account manager.