Unlocking deeper insights into your sourcing strategy requires moving beyond isolated data points. By combining Quality Control (QC) results with historical transaction data, businesses can directly analyze the critical relationship between price, quality, and delivery performance.
The Challenge: Siloed Data, Blinded Decisions
Traditionally, QC reports, payment records, and shipment logs exist in separate systems. This makes it difficult to answer fundamental questions:
- Do higher-priced suppliers consistently deliver superior quality?
- Is there a correlation between a supplier's defect rate and their on-time delivery performance?
- Are we effectively rewarding high-performing suppliers with more business?
Without linking these datasets, procurement decisions remain reactive and lack a solid empirical foundation.
The Solution: OrientDig's Combined Analysis Framework
The OrientDig Spreadsheet Template
Create a master spreadsheet with the following core modules linked by a unique Use formulas to create actionable composite metrics:Step 1: Data Consolidation
Supplier_IDOrder_ID:
QC Ratings Module
Payment History Module
Order/Product ID
Invoice & Order ID
Inspection Date & Score (e.g., A-F)
Transaction Date & Amount
Key Defect Categories
Payment Terms & Adherence
Major/Minor Defect Count
On-Time Delivery Status
Final Decision (Pass/Fail/Hold)
Communication Responsiveness
Step 2: Establishing Key Metrics & Formulas
Actionable Insights Generated
By visually correlating the data (using charts and conditional formatting), you can:
Identify True Value Suppliers
Pinpoint suppliers who offer an optimal balance of consistent quality, fair price, and reliable delivery—not just the cheapest or most expensive.
Predict and Mitigate Risk
A downward trend in a supplier's QC scores coupled with slowing payments can signal increasing risk, prompting proactive audits or discussions.
Optimize Negotiations
Leverage concrete data on past quality and delivery performance to negotiate better prices or terms based on demonstrated value, not just market rates.
Streamline Supplier Management
Objectively tier your suppliers (Strategic, Approved, Watchlist) based on quantifiable performance, guiding order allocation and relationship management.
Conclusion: From Data to Strategic Advantage
The OrientDig Spreadsheetqualitytransaction history
Next Step: