To make informed decisions and build a reliable supplier network, transforming your LoveGoBuy sourcing spreadsheet into a data-driven dashboard is key. By implementing a simple but powerful seller rating system, you can track performance over time and gain long-term insights. Here’s how to set it up.
Core Principles of the System
The goal is to move beyond anecdotal feedback. By scoring each seller transaction across three critical pillars, you create a comparable, historical record. This allows you to identify top performers and spot concerning trends early.
Creating the Scoring Columns
Add these columns next to your existing order data in your spreadsheet. Use a numeric scale (e.g., 1-5 or 1-10) for consistency.
1. QC Accuracy Score
Measures:
- High Score (5):
- Low Score (1):
Long-term Insight:
2. Price Reliability Score
Measures:
- High Score (5):
- Low Score (1):
Long-term Insight:
3. Customer Communication Score
Measures:
- High Score (5):
- Low Score (1):
Long-term Insight:
Implementation & Long-Term Data Insight
Simply adding columns isn't enough. Use these practices to unlock powerful insights:
- Rate Every Transaction:
- Add a Notes Column:
- Calculate Averages:Total Seller Score
- Visualize with Charts:
- Filter and Sort:
Conclusion
Integrating a seller rating system directly into your LoveGoBuy spreadsheet transforms it from a simple order log into a strategic sourcing intelligence tool. By systematically tracking QC Accuracy, Price Reliability, and Customer Communication, you build a valuable historical dataset. This empowers you to foster strong supplier relationships, minimize risk, and ultimately create a more efficient and profitable sourcing pipeline.
