1. Supplier Consistency Score
Consistency is the hallmark of reliability. This metric evaluates how uniformly a supplier meets your agreed specifications and standards over time.
- How to Calculate:STDEV.P
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Transform your procurement data into actionable intelligence.
Forget switching between multiple platforms. The MuleBuy Procurement Spreadsheetanalytics dashboard. Every order, communication log, and quality check you record builds a comprehensive dataset, ready to reveal the true performance profile of your suppliers.
By applying simple yet effective analytical techniques, you can move from reactive problem-solving to proactive supplier management.
Focus your audit on these three critical dimensions of supplier performance. Here's how to calculate and interpret each within your MuleBuy spreadsheet.
Consistency is the hallmark of reliability. This metric evaluates how uniformly a supplier meets your agreed specifications and standards over time.
Timeliness directly impacts your inventory and production planning. Track both the average duration and reliability of deliveries.
Quality is non-negotiable. This KPI measures the percentage of defective units received, directly affecting your cost and reputation.
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