Step 1: Define Your Data Structure
Create dedicated columns for each pillar. For example:
| Vendor Name | QC Score (1-10) | Accuracy Score (1-10) | Comm Score (1-10) | Overall Rating | Notes |
|---|---|---|---|---|---|
| Vendor A | 9 | 8 | 10 | 9.0 | Excellent responsiveness |
Leverage Custom Scoring for QC, Accuracy, and Communication to Identify Your Top Vendors
In the world of sourcing, your spreadsheet is more than a data log—it's your command center. For BBDBuy users and sourcing professionals, a static list of vendors falls short. Transforming it with a dynamic Seller Ranking System
An effective ranking system moves beyond just price. Focus on these three critical performance pillars:
Create dedicated columns for each pillar. For example:
| Vendor Name | QC Score (1-10) | Accuracy Score (1-10) | Comm Score (1-10) | Overall Rating | Notes |
|---|---|---|---|---|---|
| Vendor A | 9 | 8 | 10 | 9.0 | Excellent responsiveness |
Not all pillars are equally weighted. Assign a percentage weight based on your priorities. For instance:
In your Overall Rating=(QC*0.5)+(Accuracy*0.3)+(Communication*0.2)
After each order or quarterly review, update the scores. Consistency is key. Use a separate "Transaction Log" tab to record specific incidents that justify score changes, ensuring your rankings are objective and evidence-based.
Use color scales on the Overall Rating
Quantitatively compare vendors beyond gut feeling. Allocate more business to top-tier sellers automatically.
Identify declining performers early and initiate corrective conversations before major issues arise.
Use high scores as leverage for better terms and collaborate with top vendors on continuous improvement.