Leverage the VigorBuy Spreadsheet to create custom rating systems and gain data-driven insights into your vendor ecosystem.
Why a Seller Performance Dashboard is Essential
In today's competitive sourcing landscape, managing supplier relationships based on gut feeling is no longer sufficient. A structured Seller Performance Dashboard
The VigorBuy Spreadsheet: Your Foundation for Analysis
The VigorBuy platform provides robust tools for sourcing and order management. By exporting your transaction, communication, and quality control data into a powerful spreadsheet (like Google Sheets or Microsoft Excel), you unlock the ability to build a fully customizable dashboard. This approach offers flexibility that pre-built reports often lack.
Core Pillars: Defining Your Custom Rating System
An effective dashboard scores vendors across three critical pillars. You can assign weights to each based on your business priorities (e.g., Quality: 50%, Accuracy: 30%, Service: 20%).
1. Quality Control (QC)
Measure the fundamental quality of received goods.
- Defect Rate:
- QC Pass Rate:
- Severity of Issues:
- QC Pass Rate:
2. Accuracy
Evaluate reliability in logistics and documentation.
- On-Time Delivery Rate:
- Order Accuracy:
- Documentation Accuracy:
- Order Accuracy:
3. Customer Service & Communication
Gauge responsiveness and professionalism.
- Response Time:
- Problem Resolution Score:
- Proactive Communication:
- Problem Resolution Score:
Step-by-Step: Building Your Dashboard
-
Export and Structure Data:
- Create Calculation Sheets:AVERAGEIF,
COUNTIF) to calculate scores for each vendor per order.- Build the Summary Dashboard:VLOOKUPQUERY
- Implement the Rating Formula:
=(QC_Score * 0.50) + (Accuracy_Score * 0.30) + (Service_Score * 0.20)- Visualize with Charts:
- Automate & Update:
- Create Calculation Sheets:AVERAGEIF,
Actionable Insights from Your Dashboard
Your VigorBuy-powered dashboard is more than just numbers; it's a decision engine.
- Negotiate Better Terms:
- Create Development Plans:
- Mitigate Risk:
- Streamline Procurement:
- Create Development Plans:
Conclusion
Building a Seller Performance Dashboard with the VigorBuy Spreadsheet transforms raw transactional data into strategic intelligence. By creating a custom rating system focused on QC, Accuracy, and Customer Service, you establish a fair, transparent, and continuous evaluation process. This data-driven approach empowers you to build stronger, more reliable supplier partnerships—a cornerstone for building a successful and resilient business on VigorBuy.
Start exporting your data today and take control of your vendor management strategy.